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The Trump family's associated mining company American Bitcoin is seeking to acquire a publicly listed company in Hong Kong or Japan to finance the execution of its Bitcoin treasury strategy.
On August 15, according to the Financial Times, American Bitcoin, a crypto mining company supported by Donald Trump Jr. and Eric Trump, is planning to acquire a publicly listed company in Hong Kong or Japan. The company intends to follow the example of the American firm Strategy, founded by Michael Saylor, utilizing such companies to hold crypto assets.