President Donald Trump has recently shown strong support for the booming U.S. crypto industry, particularly Bitcoin. In a White House press conference, Trump praised Bitcoin, calling it “amazing” and a great asset for the country. He highlighted how Bitcoin is gaining popularity for payments and easing pressure on the U.S. dollar. Trump disclosed that he had invested in Bitcoin before taking office, and his children are also involved in the crypto market. He also noted how Bitcoin has outperformed the stock market in recent times.
During the Bitcoin 2025 conference in Las Vegas, the Trump sons advocated for pro-crypto regulation alongside Vice President J.D. Vance. They emphasized the importance of a government-friendly environment for digital assets and predicted Bitcoin prices reaching $150K–$175K by 2026. Eric Trump also expressed his belief that Ethereum is undervalued and should be trading above $8,000.
Trump Media, a company owned by the Trump family, has made significant investments in Bitcoin, holding $2 billion in the cryptocurrency. The company has also allocated $300 million to Bitcoin-related derivatives, including ETFs, blockchain stocks, and convertible bonds. By building a strong crypto portfolio, Trump Media aims to solidify its position in the digital asset market.
In his efforts to position the U.S. as a global crypto leader, Trump has established a strategic Bitcoin reserve, appointed a crypto czar, and signed the bipartisan GENIUS Act into law. The Trump family also controls World Liberty Financial, a decentralized finance firm that has generated $500 million in profits since its launch in 2024. Despite criticisms that Trump’s policies may benefit his crypto holdings, which are managed by his son, the company remains focused on financial freedom.
With Bitcoin currently trading at over $120,000, Trump Media is planning to launch a utility token linked to its social media platform, Truth Social. The company sees its substantial crypto holdings as a source of financial independence. While Bitcoin’s price may fluctuate, Trump Media remains committed to its crypto investments and the potential growth of the industry.