Eric Trump, co-founder of American Bitcoin (ABTC), has projected that Bitcoin could soar to $500,000 by November 2029. In a recent interview with investor Grant Cardone, Trump highlighted ABTC's strategy of accumulating Bitcoin rather than engaging in traditional mining. He believes this approach will enhance shareholder value by increasing Bitcoin holdings per share. Trump's bullish outlook is driven by anticipated global demand, especially in regions with unstable financial systems, and the growing mainstream adoption of Bitcoin through major financial institutions and ETFs.