Focus on the BIG picture.
Saturday, Aug 16, 2025
Outside the box.
Trump Family-Backed Crypto Group Targets Asian Acquisitions to Build Bitcoin Reserve
American Bitcoin, backed by Donald Trump Jr. and Eric Trump, is exploring purchases of listed companies in Japan and potentially Hong Kong as it prepares to go public via a merger with Gryphon Digital Mining.
American Bitcoin, a U.S. cryptocurrency mining and holding company backed by Donald Trump Jr. and Eric Trump, is pursuing acquisitions in Asia to expand a strategic bitcoin reserve.
The company is evaluating targets among publicly listed firms in Japan and potentially Hong Kong.
The group plans to become publicly traded through a stock-for-stock merger in which Gryphon Digital Mining will acquire American Bitcoin, with the combined company expected to list under the American Bitcoin brand.
The parties signed definitive agreements in May, with the transaction targeted to close as early as the third quarter of 2025.
American Bitcoin was formed after a transaction in which Hut 8 contributed substantially all of its ASIC miners to American Data Centers in exchange for a majority interest; the entity was subsequently renamed American Bitcoin.
The business initially developed within Dominari Holdings’ portfolio before rebranding following the Hut 8 deal.
The venture originated from American Data Centers, a company launched with participation from Donald Trump Jr. and Eric Trump, and American Bitcoin will colocate capacity at multiple Hut 8 sites.
Separately, other family-linked digital-asset initiatives have advanced corporate treasury strategies.
World Liberty Financial announced a transaction under which Nasdaq-listed ALT5 Sigma would raise 1.5 billion dollars, acquire WLFI tokens, and appoint new directors, including Eric Trump and a WLFI co-founder, to its board.
Statements describing the arrangement outlined the establishment of a crypto-asset treasury within a public company.
Industry reports have also noted new backing for American Bitcoin from well-known digital-asset investors through a private placement conducted in bitcoin.
In Asia, recent event schedules show Eric Trump as a headline speaker at a regional bitcoin conference in Hong Kong, coinciding with the city’s efforts to promote a digital-asset hub.
Trade publications have summarized American Bitcoin’s intention to add bitcoin through accretive acquisitions in Japan and Hong Kong ahead of its planned market debut.
The company is evaluating targets among publicly listed firms in Japan and potentially Hong Kong.
The group plans to become publicly traded through a stock-for-stock merger in which Gryphon Digital Mining will acquire American Bitcoin, with the combined company expected to list under the American Bitcoin brand.
The parties signed definitive agreements in May, with the transaction targeted to close as early as the third quarter of 2025.
American Bitcoin was formed after a transaction in which Hut 8 contributed substantially all of its ASIC miners to American Data Centers in exchange for a majority interest; the entity was subsequently renamed American Bitcoin.
The business initially developed within Dominari Holdings’ portfolio before rebranding following the Hut 8 deal.
The venture originated from American Data Centers, a company launched with participation from Donald Trump Jr. and Eric Trump, and American Bitcoin will colocate capacity at multiple Hut 8 sites.
Separately, other family-linked digital-asset initiatives have advanced corporate treasury strategies.
World Liberty Financial announced a transaction under which Nasdaq-listed ALT5 Sigma would raise 1.5 billion dollars, acquire WLFI tokens, and appoint new directors, including Eric Trump and a WLFI co-founder, to its board.
Statements describing the arrangement outlined the establishment of a crypto-asset treasury within a public company.
Industry reports have also noted new backing for American Bitcoin from well-known digital-asset investors through a private placement conducted in bitcoin.
In Asia, recent event schedules show Eric Trump as a headline speaker at a regional bitcoin conference in Hong Kong, coinciding with the city’s efforts to promote a digital-asset hub.
Trade publications have summarized American Bitcoin’s intention to add bitcoin through accretive acquisitions in Japan and Hong Kong ahead of its planned market debut.
