Eric Trump, John Koudounis Call Bitcoin A Global Reserve Asset, Float $1M Price Target
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Eric Trump, John Koudounis Call Bitcoin A Global Reserve Asset, Float $1M Price Target
"Trump stated, 'The U.S. government holds approximately 300,000 bitcoin and will not sell,' indicating a strategic reserve that supports bitcoin's stability and value."
"'We are compressing bitcoin,' Trump explained, emphasizing that as traditional sellers exit the market, a new class of permanent holders is emerging, reinforcing bitcoin's limited supply."
"'The suppression of bitcoin is unbelievable,' Trump remarked, pointing to the challenges faced in gaining broader acceptance among ordinary investors who view it as risky."
At Bitcoin 2026, Eric Trump and John Koudounis discussed bitcoin's evolution into a global reserve asset. They highlighted institutional adoption, with the U.S. government holding 300,000 bitcoin and corporate treasuries accumulating significant amounts. Trump emphasized bitcoin's limited supply and the shift from speculative trading to permanent holding by institutions. The panel reflected a changing perception of bitcoin, with both long-time supporters and new institutional investors recognizing its potential as a stable asset.
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