American Bitcoin, a U.S.-based crypto venture backed by Eric Trump and Donald Trump Jr., has quickly emerged as a name to watch since its launch in spring 2025.
Unlike typical mining firms, the company is focused on building a treasury of Bitcoin instead of regularly selling its mined assets.
In collaboration with Hut 8, which operates mining facilities in both the United States and Canada, American Bitcoin has already accumulated 215 BTC, worth about $23 million.
Its ambition is to grow into one of the most efficient platforms dedicated to the accumulation of Bitcoin as a long-term store of value.
American Bitcoin’s Expansion Plans in Asia
American Bitcoin is already looking beyond its domestic operations to fuel the next stage of growth. According to reports from the Financial Times, the company is actively considering acquisitions in Asia, with potential targets in Japan and Hong Kong.
The goal is to transform these companies into Bitcoin treasury hubs that strengthen both their regional presence and overall reserves. This approach reflects a broader trend among major corporations that have chosen to incorporate Bitcoin into their balance sheets as a strategic asset.
MicroStrategy, which has acquired more than 628,000 BTC, currently valued at around $73.8 billion, is a clear reference point for American Bitcoin’s strategy.
The Trump-linked firm is effectively following the same principle, though with a mining-driven model that allows it to expand its reserves at lower cost.
In its statement to the Financial Times, American Bitcoin outlined its mission as building the strongest and most efficient Bitcoin accumulation platform worldwide.
While no deals have yet been finalised, the company made clear that it is conducting reviews of possible options and intends to move only after proper due diligence.
Japan and Hong Kong stand out as potential entry points for several reasons. Both jurisdictions already have a significant base of retail and institutional participants in cryptocurrency markets.
They also provide more established regulatory structures compared to other regions, creating conditions that are more conducive for a foreign company entering with long-term plans.
By focusing on such markets, American Bitcoin can expand in an environment where oversight is clearer and risks are easier to evaluate.
The company’s strategy also aligns with an ambition to support the United States in becoming more prominent in global Bitcoin activity.
By acquiring businesses in Asia and converting them into treasury-focused operations, American Bitcoin not only strengthens its reserves but also represents American involvement in an increasingly international sector.
This expansion would allow the firm to test BTC-related initiatives in active trading markets while leveraging regulatory stability.
Although no agreements have been signed, American Bitcoin’s leadership has confirmed that international growth is central to its strategy.
For now, the company remains in the process of identifying the right targets, carrying out internal assessments, and ensuring that any decision will not compromise its existing operations in North America.
How the Business Was Built
American Bitcoin’s current reserves of 215 BTC set it apart from companies that rely solely on purchasing coins from exchanges.
Mining provides a direct and consistent stream of Bitcoin at a lower cost, offering an advantage in expanding reserves while insulating the firm from volatility in secondary markets.
The company’s journey began under the name American Data Centres, before rebranding after reaching an agreement with Canadian miner Hut 8. As part of this arrangement, Hut 8 transferred its mining assets to American Bitcoin and assumed the role of exclusive operating partner.
This structure has allowed American Bitcoin to scale faster, benefit from established expertise, and position itself as more than just a conventional mining outfit.
American Bitcoin operates under Dominari Holdings, which is headquartered in Trump Tower, New York.
Dominari recently reported a 520% year-on-year increase in revenue, reflecting the momentum the business has achieved.
The involvement of Eric Trump and Donald Trump Jr. as advisory board members since 2025 has further amplified attention on the project, bringing both visibility and scrutiny.
The upcoming listing on Nasdaq through a reverse merger with Gryphon Digital Mining represents another milestone.
Once the deal is complete, the firm will trade under the ticker ABTC, with the Trump family retaining approximately 98% ownership while Hut 8 continues to handle day-to-day operations.
This structure mirrors the approach of established companies that seek to combine efficient management with centralised leadership control.
The listing will also provide a new entry point for investors who want exposure to Bitcoin through equity markets rather than directly holding the asset.
This model has already proven attractive in other contexts, particularly with MicroStrategy, which became a widely recognised proxy for Bitcoin investment.
For American Bitcoin, the combination of mining capacity, strategic expansion, and a stock market listing creates a structure designed for steady accumulation and investor access.
By focusing on both production and accumulation, American Bitcoin sets itself apart from companies that either buy or mine without a broader treasury strategy.
Its partnership with Hut 8 ensures operational efficiency, while its financial structure allows the Trump family to maintain control of long-term decisions.
With these foundations, the firm believes it can scale into a platform that rivals the largest corporate holders of Bitcoin.
Conclusion
American Bitcoin is establishing itself as a serious player in the field of Bitcoin accumulation. In only a short period, it has amassed 215 BTC from its mining operations, built a strong partnership with Hut 8, and is prepared to enter the Nasdaq market under the ticker ABTC.
Backed by the Trump family and guided by Dominari Holdings, the company has ambitious plans to extend its presence into Asia through acquisitions in Japan and Hong Kong.
The future will show whether these moves can secure its place as a global leader in Bitcoin reserves.
Editor: Lydicius