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Bitcoin 76 Views
1 week ago

Eric Trump Confirms: Donald Trump Holds “A Lot of Bitcoin,” Calls It Digital Gold

Eric Trump reveals major Bitcoin holdings by the Trump family at TOKEN2049, backing pro-crypto policies and triggering fresh ethics concerns.

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Eric Trump Confirms: Donald Trump Holds “A Lot of Bitcoin,” Calls It Digital Gold
Eric Trump Confirms: Donald Trump Holds “A Lot of Bitcoin,” Calls It Digital Gold

Speaking at TOKEN2049 Dubai, Eric Trump stunned attendees by revealing that both he and President Donald Trump own “a lot of Bitcoin,” referring to the asset as “digital gold.” While specific figures weren’t disclosed, Eric emphasized their long-term bullish view, stating that Bitcoin has outperformed traditional markets.

The statement aligns with Donald Trump’s increasingly pro-crypto stance. His administration recently ordered the formation of a U.S. crypto reserve — consolidating seized Bitcoin and altcoins — and appointed Paul Atkins as SEC Chair to fast-track clear crypto regulations.

Trump’s direct ownership of BTC comes as controversy grows around possible conflicts of interest. After pushing for the GENIUS Act, which benefits stablecoin businesses, Trump’s family-linked crypto firm launched its own stablecoin. The move triggered an ethics inquiry and a proposed bill — the End Crypto Corruption Act — to prevent government officials from profiting from crypto-related policies.

Whether it’s regulation, NFTs, or direct ownership, the Trump family appears all-in on Bitcoin, hoping to shape America’s crypto future — despite mounting scrutiny from Washington.