On January 3, 2025, Eric Trump, Executive Vice President of The Trump Organization and son of President-elect Donald Trump, met with Michael Saylor, Executive Chairman of MicroStrategy, at Mar-a-Lago, Florida.
Analysts believe this meeting signals Saylor’s involvement in future Bitcoin policies of the upcoming Trump administration.
Eric Trump described the meeting as “two friends, one passion: Bitcoin”, which has caused a significant buzz in the Bitcoin community.
Eric Trump has become a big fan of Bitcoin in the last few years.
He has publicly praised it as a “global asset” and how it can hedge against inflation and provide stability in uncertain times. “I’ve truly fallen in love with crypto and DeFi” he said in a live stream in September 2024, adding that he’s committed to making DeFi more accessible.
Trump’s connection to World Liberty Financial, a company that offers digital assets trading, blockchain solutions and education, shows that he is interested in the space. Many believe his involvement with the company means he is trying to make DeFi more accessible.
Michael Saylor is one of the most well known people in the Bitcoin world. Under his leadership, MicroStrategy has become a pioneer in using bitcoin as a treasury reserve asset. MicroStrategy has been investing in bitcoin since 2020.
As of 2025, the company holds 446,400 BTC which is worth approximately $43.7 billion.
Related: MicroStrategy Secures Spot on Prestigious MSCI World Stock Index
Despite bitcoin’s price volatility and criticism of Saylor’s aggressive approach, he remains convinced that bitcoin is the ultimate store of value. After meeting with Eric Trump, Saylor shared on X:
“Bitcoin is on the menu at Mar-a-Lago.”
The meeting shows the growing overlap between traditional business leaders and the Bitcoin world. Both Trump and Saylor are bullish on bitcoin and Saylor even said he’d be happy to advise the upcoming Trump administration on Bitcoin policies.
Saylor has been critical of regulatory approaches of the previous administration, which he sees as stifling innovation in the space.
Eric Trump has praised his father’s Bitcoin stance, saying he’s “the most pro-crypto president in U.S. history”. Trump says the new administration will grow the digital asset sector, saying “America is going to lead the way in the digital revolution”.
The news had positive market effects. MicroStrategy’s stock (MSTR) went up by almost 10%, trading for $330. Bitcoin reacted positively too, with its price climbing up almost 4% to over $98,000.
Alex Thorn, Head of Research at Galaxy, said MSTR and Bitcoin were two of the best performing assets of 2024.
The Mar-a-Lago meeting between Eric Trump and Michael Saylor is evidence of the mainstreaming of Bitcoin. And it raises questions about what the upcoming Trump administration will do with digital assets in the US.
