American Bitcoin, a cryptocurrency mining firm with ties to the Trump family, is reportedly evaluating potential acquisitions in Asia to grow its Bitcoin holdings. According to a report, the company is considering taking over at least one publicly traded entity in Japan, and potentially another in Hong Kong, as part of a strategy to expand its Bitcoin accumulation. The firm emphasized that its “ambition is to build the strongest and most efficient Bitcoin accumulation platform in the world,” though it has not yet made any binding commitments [1].
The company was co-founded by Donald Trump Jr. and Eric Trump and recently completed a merger with Gryphon Digital Mining, listing on the Nasdaq. As of June 10, American Bitcoin held 215 Bitcoin in its treasury, and it announced a $200 million fundraising initiative to strengthen its reserves and acquire more mining equipment [2]. The firm’s approach mirrors the strategy of MicroStrategy, which has accumulated a significant Bitcoin balance sheet. To date, MicroStrategy holds 628,946 BTC [3].
The trend of publicly traded companies building Bitcoin treasuries has been growing, with firms viewing Bitcoin as a hedge against inflation and currency devaluation. Japanese company Metaplanet, for instance, recently added 518 BTC to its holdings, bringing its total to 18,133 coins worth $2.1 billion. As of the latest data, publicly traded companies collectively hold approximately 976,132 Bitcoin, valued at around $114.6 billion, while private companies hold an additional 294,101 Bitcoin [4].
American Bitcoin’s interest in Asian acquisitions reflects a broader strategy to scale its operations and increase its Bitcoin mining capacity. Acquiring established firms in key markets could offer the company a shortcut to greater scale and technical expertise. However, the success of this strategy will depend on the feasibility of potential targets, regulatory conditions, and the trajectory of Bitcoin’s price and market adoption [2].
The move also highlights the increasing influence of publicly traded companies in the crypto space, as they seek to position themselves as institutional-grade investors. Analysts note that Bitcoin’s capped supply of 21 million coins makes it an attractive asset in an inflationary economic environment, reinforcing the rationale for corporate investment [5].
Source: [1] American Bitcoin Plans Asia Deal to Grow BTC Reserves (https://cointelegraph.com/news/trump-linked-american-bitcoin-asia-acquisitions-btc)
[2] Trump family linked American Bitcoin looks at Asia for … (https://www.mitrade.com/insights/news/live-news/article-3-1043987-20250815)
[3] Trump-backed American Bitcoin Eyes Japan & Hong Kong … (https://coincentral.com/trump-backed-american-bitcoin-eyes-japan-hong-kong-acquisitions-to-boost-btc-reserves/)
[4] Bitcoin Rally Stalls on US Inflation, Policy Whiplash: Crypto … (https://www.fidelity.com/news/article/us-economy/202508150715COINDESKCRYPTONW_9981d4ff-16fd-4754-91a4-5a40f96afe55)
[5] American Bitcoin Explores Acquisition and Expansion … (https://www.binance.com/en/square/post/28336241616154)