Donald Trump Jr. Unveils $2.5B Bitcoin Moon Shot at Vegas Conference 

Donald Trump Jr. Unveils $2.5B Bitcoin Moon Shot at Vegas Conference 



Donald Trump Jr. sat down with Rumble founder and CEO Chris Pavlovski at the Bitcoin 2025 conference in Las Vegas on May 27 to chat about BTC and changes in the financial system.

When asked where he saw Bitcoin in two to five years, Trump Jr. said, “I alluded to it earlier, but we’re going to the moon, guys, its gonna be awesome. Stay in, stay strong.”

“We’re in it all these different ways, whether its Truth Social, American Bitcoin on the mining side, World Liberty Financial on the DeFi platform … we’re true believers.”

$2.5B Bitcoin Treasury

Earlier in the interview, Trump Jr. confirmed, “we’re seriously long on crypto, seriously long on Bitcoin,” adding that the Trump media group TMGT was “literally creating a Bitcoin treasury to the tune of 2.5 billion dollars,” which was met with huge applause.

“There’s not a lot of people who have done something that big or shown that much commitment,” he added.

Trump said that assets would be accumulated through partner ventures such as American Bitcoin in partnership with Hut 8, and other crypto through the WLF DeFi platform, though he didn’t mention specific tokens.

okex

“In my opinion, DeFi is going to change so many aspects of the financial system and create the efficiencies that have been lacking [in traditional finance].”

Speaking on banks and traditional finance, Trump Jr. said that they were “reluctant adapters” because they view a lot of these new technologies as a threat.

“Every day when I see someone else adapting this or taking on a little bit [of Bitcoin], I think we’re at the point when those floodgates are going to open.”

Once you create the regulatory framework to keep this activity in America and not ship the “new financial sector of America” to other places, it is critically important, he concluded.

Trump Supports $1B Bitcoin Reserve

Donald Trump Jr. wasn’t the only one uber bullish on Bitcoin and crypto.

Also speaking at the Bitcoin 2025 conference, Senator Cynthia Lummis said she is bringing the Bitcoin Act to the “attention of the American people and the world,” adding, “President Trump supports the bill.”

The legislation, reintroduced in March, directs the US government to acquire 1 million BTC over five years for a strategic reserve.

Meanwhile, White House AI and crypto czar David Sacks said Bitcoin is the “financial system of the future,” during his interview.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Crypto-Trend
Changelly
Crypto-Trend
Donald Trump Jr. Unveils $2.5B Bitcoin Moon Shot at Vegas Conference 
okex
Coinmama
Coinpedia - Fintech & Cryptocurreny News Media
Flare Blockchain Integrates TrustSwap for Seamless Token Management and IDOs
POL (prev. MATIC) Breaks Out: Is It Time to Go Long?
XRP Price Breakout Coming? 5 Signs Point to a 15% Rally
Coinpedia - Fintech & Cryptocurreny News Media
Major Challenges Affecting Institutional Adoption of DeFi: IntoTheBlock
bitcoin
ethereum
tether
binancecoin
solana
ripple
usd-coin
staked-ether
dogecoin
binance-usd
Coinmama
Ledger
Arbitrum Goes Big in LatAm with Hackathons, Ambassador Program, and Partnerships
Historical Patterns Suggest Potential Recovery After 40% YTD Decline
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters
Ethereum Plans zkEVM Launch on Layer 1 Within a Year
Arbitrum Goes Big in LatAm with Hackathons, Ambassador Program, and Partnerships
Historical Patterns Suggest Potential Recovery After 40% YTD Decline
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters
bitcoin
ethereum
tether
binancecoin
solana
ripple
usd-coin
staked-ether
dogecoin
binance-usd
bitcoin
ethereum
tether
binancecoin
solana
ripple
usd-coin
staked-ether
dogecoin
binance-usd