A mining company supported by Trump's son plans to establish a presence in Asia to build a Bitcoin asset reserve.

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According to a report by the Financial Times citing informed sources, a U.S. crypto assets mining company supported by Trump’s eldest son Donald Trump Jr. and second son Eric Trump is looking for acquisition targets in Asia to build a Bitcoin asset reserve. The company, named American Bitcoin, has begun discussions with investors regarding potential acquisition matters and is currently planning to acquire a listed company in Japan, while possibly also entering the Hong Kong market.

Three informed sources said that the company intends to emulate a certain platform model by building a Crypto Assets reserve platform through the acquisition of a publicly listed company. The Trump family has recently made a big push into the crypto space, driving up Bitcoin prices against the backdrop of a warming regulatory environment, and giving rise to a batch of "Crypto Assets treasury enterprises" that raise funds by issuing stocks or bonds to purchase tokens.

TRUMP-5.03%
BTC-1.24%
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AirdropATMvip
· 08-18 00:18
Trump really knows how to seize the opportunity~
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SurvivorshipBiasvip
· 08-17 20:03
Hehe, the Trump family has also set their sights on BTC.
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GasFeeLovervip
· 08-16 03:56
This business is bull!
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BtcDailyResearchervip
· 08-16 03:54
It seems that Trump's offspring have also started mining.
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