According to the company’s official statement, American Bitcoin aims to acquire a publicly listed Japanese firm and explore Hong Kong deals to expand its strategic Bitcoin reserve before going public via Nasdaq reverse merger.
In an official statement, American Bitcoin, backed by Donald Trump Jr. and Eric Trump, confirmed it is exploring acquisitions in Asia, including a publicly listed company in Japan and potential opportunities in Hong Kong, to grow its Bitcoin reserves. The firm, which also mines Bitcoin, follows a model similar to Michael Saylor’s MicroStrategy but combines mining with strategic accumulation. It plans to go public in September via a reverse merger with Nasdaq-listed Gryphon Digital Mining. American Bitcoin rebranded from American Data Centers in March after a joint venture with Hut 8. Originally a Dominari Holdings subsidiary, the company has made no binding commitments yet but has stated its goal is to build the strongest Bitcoin accumulation platform. This expansion aligns with rising institutional crypto adoption and comes alongside other Trump family-linked crypto ventures, including World Liberty Financial’s planned $1.5 billion token buyback and Trump Media’s $2.5 billion fundraising for its Bitcoin treasury.