Editor's PiCK
Trump family's virtual asset company seeks to acquire Asian listed companies... Expanding Bitcoin buying scale
Summary
- American Bitcoin, a virtual asset company backed by the Trump family, is reportedly seeking to enter the Asian market.
- American Bitcoin announced plans to expand its Bitcoin accumulation scale by acquiring listed companies in Japan and Hong Kong.
- The company stated its goal is to build the most powerful Bitcoin accumulation platform in the world.
The virtual asset (cryptocurrency) mining and accumulation company 'American Bitcoin', backed by the family of former U.S. President Donald Trump, is reportedly pursuing expansion into Asia.
On the 16th (Korean time), the Financial Times reported that American Bitcoin is seeking to acquire listed companies in Japan and Hong Kong for the purpose of accumulating Bitcoin (BTC). The company plans to increase the scale of its ongoing strategic Bitcoin reserves by acquiring local listed companies.
American Bitcoin stated in an announcement, "Our goal is to build the world's most powerful and efficient Bitcoin accumulation platform," and added, "We are also seeking opportunities in other markets where we believe we can drive strong local demand."
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