Eric Trump claimed that the appetite for digital assets now spans from ultra-wealthy families to sovereign wealth funds.
“Everyone is hoarding Bitcoin,” he said during a panel alongside Hut 8 CEO Asher Genoot, describing what he called a full-scale global accumulation race.
Trump, who is a co-founder of a Hut 8 subsidiary, a Bitcoin company that recently announced a merger with Gryphon Digital Mining in a stock-based deal aiming to secure a Nasdaq listing, outlined two key battles in the Bitcoin ecosystem: one for ownership, and another for infrastructure through mining.
While political reactions remain divided, Eric Trump’s remarks suggest that Bitcoin is no longer merely a tech-driven experiment. For better or worse, it has become a high-demand geopolitical asset.