Trump-Backed Bitcoin Miner Eyes Asian Acquisitions

Trump-Backed Bitcoin Miner Eyes Asian Acquisitions
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American Bitcoin, a crypto mining firm backed by Donald Trump Jr. and Eric Trump, is reportedly exploring acquisitions in Asia to expand its Bitcoin treasury. The company is considering purchasing publicly listed firms in Japan and Hong Kong, mirroring MicroStrategy’s aggressive Bitcoin accumulation strategy.

  • American Bitcoin is considering acquisitions in Japan and Hong Kong to expand its Bitcoin treasury.
  • The company raised $200 million to boost its Bitcoin reserves and mining capabilities.
  • American Bitcoin's strategy mirrors MicroStrategy's aggressive Bitcoin accumulation approach.
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