American Bitcoin, the U.S.-based crypto mining firm supported by Donald Trump Jr. and Eric Trump, is looking beyond American borders. The company has started exploring opportunities in Asia, with Japan and Hong Kong at the center of its plans.
Talks are underway to buy a listed company in Japan, and Hong Kong remains a possible second step. The goal is straightforward: build large bitcoin reserves inside corporate treasuries, a strategy made popular by Michael Saylor.
The company has already started creating its bitcoin reserve in the United States. Now it is engaging investors in similar purchases abroad. Japan and Hong Kong, known for active retail traders and an appetite for digital assets, appear to offer fertile ground.
By expanding into those jurisdictions, American Bitcoin anticipates replicating a model that enables businesses to raise capital, buy tokens, and introduce new avenues for investors to partake in crypto via the stock market.
Following the crypto treasury trend
The approach American Bitcoin is considering has gained momentum in recent years. Rather than owning crypto directly, many investors prefer to buy shares in companies that accumulate bitcoin.
This model was pioneered by Strategy, which saw its market value climb to over $100bn as it built a massive bitcoin reserve. The firm’s rise has shown that the treasury model can succeed even through periods of volatility.
American Bitcoin is trying to carve its version of that playbook. The company stresses efficiency in operations, resilience in treasury management, and steady long-term growth for shareholders.
Unlike its predecessor, it already runs mining operations, giving it an extra source of bitcoin to add to reserves. The combination of treasury accumulation and mining output sets it apart as it prepares to expand into Asia.
Reshaping the company and market entry
However, American Bitcoin plans to go public in the United States this September through a reverse merger with Nasdaq-listed Gryphon Digital Mining. Eric Trump is co-founder and chief strategy officer, highlighting the involvement of the family itself.
The firm recently rebranded from American Data Centers after forming a joint venture with Hut 8, which contributed equipment in exchange for a majority stake in the company.
However, the Trump family has been steadily deepening its role in digital assets through different ventures. Other affiliated companies have also outlined plans to create bitcoin treasuries and raise fresh funds for token purchases.
With Asia now in focus, American Bitcoin is positioning itself to expand its reach into markets that continue to show strong demand for digital currencies.