Crypto Firm Supported by Trump Aims for Aggressive Bitcoin Growth in Asia
American Bitcoin, a cryptocurrency mining and treasury company with ties to the Trump family, is making a strategic move into Asia. Co-founded by Donald Trump Jr. and Eric Trump, the company is aiming to become a global leader in Bitcoin mining and accumulation.
The company's expansion plans involve targeting acquisitions of publicly listed companies in Japan and Hong Kong. These acquisitions will serve as legal vehicles, or "shells," to hold large amounts of Bitcoin. This approach mirrors the strategy used by MicroStrategy, the firm headed by Michael Saylor, which has amassed over 620,000 BTC by using publicly traded entities as Bitcoin treasuries.
As of June 2025, American Bitcoin holds around 215 BTC and has recently raised $200 million to accelerate mining operations and expand its Bitcoin treasury. The move into Japan and Hong Kong is intended to create Asian stock listings that serve as crypto vaults, enabling broader accumulation of Bitcoin.
Eric Trump's broader Asian strategy ties into these plans, with close involvement in Metaplanet Inc., a Japanese company turned Bitcoin treasury holding about 18,888 BTC. The favorable regulatory environment in Japan, including the approval of yen-denominated stablecoins and a 20% flat tax on crypto capital gains, supports the Trump family’s initiatives to establish institutional Bitcoin accumulation platforms in Asia.
Although American Bitcoin has not finalized any binding deals yet, these discussions and funding rounds underscore its ambition to become a major Bitcoin accumulation platform. The company is still far from competing with top BTC holders like MicroStrategy, Marathon Digital, or Metaplanet, but its expansion plans could reshape regional dynamics in the Bitcoin market.
Hong Kong, known for its crypto-friendly regulations and recently launched license framework to attract institutional investment, is also a target for American Bitcoin's expansion. The company's strategy is emblematic of a broader shift in more conservative-leaning financial circles, moving towards a crypto-first approach.
The Trump family's involvement in the crypto industry is not limited to American Bitcoin. Trump Media & Technology Group is currently raising $2.5 billion to establish a corporate Bitcoin treasury, while World Liberty Financial, linked to Donald Trump, recently launched its own USD-backed stablecoin, USD1. If successful, American Bitcoin's strategy would resemble that of MicroStrategy, which holds over $73 billion worth of Bitcoin.
This expansion reflects a calculated, institutional-grade approach by American Bitcoin to establish a significant footprint in Asia’s crypto markets, leveraging regional regulatory advantages and public market access to accelerate Bitcoin accumulation. The company's plans to build one of the world's largest Bitcoin treasuries are still in progress.
Key Points
- Company: American Bitcoin (Trump family-linked; Donald Trump Jr. & Eric Trump)
- Strategy: Acquire public companies in Japan and Hong Kong to hold Bitcoin as treasury assets (shell companies)
- Inspiration: Modeled after MicroStrategy's large-scale BTC accumulation via public listings
- Current Bitcoin holdings: ~215 BTC (as of June 2025)
- Recent funding: $200 million raised for mining expansion and treasury growth
- Mining operations: Actively mining Bitcoin with own hardware
- Regulatory environment: Favorable reforms in Japan (yen stablecoins, flat 20% tax), Hong Kong's licensing framework support expansion
- Broader Asia involvement: Eric Trump also involved with Japanese Metaplanet Inc. (owning ~18,888 BTC)
- Current status: Evaluating acquisition targets, no binding deals signed yet
Sources: [1][2][3][4][5]
