Jackson Hole, Wyo.
Eventually costs more than $ 1 million.
Trump, who co-established the bitcoin mining company American Bitcoin earlier this year, reiterated his excitement for Bitcoin in a look at the Salt conference at the Jackson Hole on Wednesday.
He even called himself as a “Bitcoin Maxi.”
The businessman and executive vice president of the Trump Organization said he now spends more than 50% of his time on crypto projects.
He said he believed that the crypto asset would cost $ 175,000 a token by the end of the year, which was attached to his previous prophecy.
Trump told some personal stories pointing out what he described as the flaws of the current financial system and how Bitcoin and Blockchain technology could solve those issues, including faster transactions and payment adjustments.
American Bitcoin, who combined with Eric and his brother Donald Trump owned by the American American Center in March, is expected to go public to Nasdaq by a integration with Gryphon Digital Mining (Grab).
The brothers owned 20% of the company while the Bitcoin Miner Hut 8 was holding 80%.
Trump’s comments come some time after Coinbase CEO Brian Armstrong make a similar prediction.
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