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The Defiant 2025-05-08 17:05:17

Eric Trump Confirms Donald Trump Owns Significant Bitcoin Holdings, Calls It Digital Gold, Predicts Growth, Warns Banks, Bailey Plans Bitcoin Firm

Eric Trump confirmed to Bloomberg that former President Donald Trump owns a substantial amount of Bitcoin, describing it as "digital gold" and expressing bullish sentiment about its future growth. Eric Trump also stated that he personally owns a significant quantity of Bitcoin and predicted exponential growth for the cryptocurrency. Additionally, it was reported that Trump's largest on-chain holding is Ethereum. At the TOKEN2049 conference in Dubai, Eric Trump emphasized the importance of Bitcoin and warned that banks that do not adopt Bitcoin could become obsolete within a decade. Furthermore, David Bailey, a crypto advisor to Trump, is reportedly in discussions to launch a Bitcoin investment company. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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