The Trump Family Supports Mining Company American Bitcoin's Plan to Establish Bitcoin Treasury by Acquiring Company in Asia
BlockBeats News, August 16th. According to the Financial Times, a U.S. cryptocurrency mining company supported by former President Trump's sons Donald Trump Jr. and Eric Trump is seeking acquisition targets in Asia to build a Bitcoin asset reserve. The company, named American Bitcoin, has initiated discussions with investors regarding potential acquisitions. It is currently planning to acquire a publicly listed company in Japan and may simultaneously enter the Hong Kong market.
Three sources familiar with the matter stated that the company intends to replicate the MicroStrategy model by acquiring a publicly traded company to establish a cryptocurrency reserve platform. The Trump family has recently made a significant move into the crypto space, driving up the price of Bitcoin amid a warming regulatory environment and giving rise to a wave of "crypto treasury companies" that raise funds through stock or bond offerings to purchase tokens.
You may also like
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

