The Trump family supports the mining company American Bitcoin, which plans to acquire a company in Asia to establish a Bitcoin treasury.

On August 16, according to reports from the Financial Times citing informed sources, a U.S. crypto mining company supported by Donald Trump Jr., the eldest son of Trump, and Eric Trump, his second son, 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 acquisitions and is currently planning to acquire a listed company in Japan, while possibly expanding into the Hong Kong market simultaneously. Three informed sources stated that the company intends to emulate the MicroStrategy model by building a crypto asset reserve platform through the acquisition of listed companies. The Trump family has recently made a significant foray into the crypto space, driving up Bitcoin prices against the backdrop of a warming regulatory environment, and giving rise to a batch of 'crypto treasury enterprises' that raise funds through the issuance of stocks or bonds to purchase Tokens.