Eric Trump, co-founder and chief strategy officer of American Bitcoin, presented a bullish outlook for bitcoin at the Wyoming Blockchain Symposium, projecting a price target of $175,000 by the end of 2025 and $1,000,000 in the longer term. American Bitcoin emerged in May from a reorganization of American Data Centers, consolidating mining operations sourced from Canadian operator Hut 8.
Reports indicate that American Bitcoin is evaluating strategic acquisitions of publicly listed companies in Japan and Hong Kong to establish dedicated onchain treasury vehicles. The contemplated targets would enable stockpiling of bitcoin under a corporate accumulation framework, mirroring pioneering treasury strategies popularized by large public firms.
Following the Bitcoin Asia 2025 conference in Hong Kong on Aug. 28–29, a Metaplanet shareholder meeting in Tokyo on Sept. 1 will feature participation from Eric Trump in his capacity as a strategic adviser. Metaplanet has adopted the Michael Saylor playbook for corporate treasury management and digital asset accumulation.
American Bitcoin plans a U.S. listing via a reverse merger with Nasdaq-traded Gryphon Digital Mining to broaden its capital access and support its treasury functions. The listing is expected to facilitate further mining capacity expansions and institutional partnerships.
The Trump family’s crypto initiatives extend beyond American Bitcoin. Trump Media & Technology Group, parent to Truth Social, raised over $2 billion in Q2 to build a bitcoin treasury. Additionally, President Donald Trump disclosed $57 million in income in June from World Liberty Financial, a crypto startup launched in September 2024.
Regulatory conditions in Asia are evolving to support such ventures. Japan’s Financial Services Agency may approve a yen-denominated stablecoin as early as fall 2025, while Hong Kong’s Stablecoins Ordinance mandates licensing for fiat-referenced stablecoin issuers under the Hong Kong Monetary Authority.
Eric Trump’s dual focus on price forecasts and strategic corporate growth signals a broader trend of U.S. entrepreneurs leveraging geopolitical shifts in Asia to advance digital asset accumulation and industry adoption.
Industry observers note that corporate treasury diversification and cross-border expansion could amplify global bitcoin demand while aligning with emerging regulatory frameworks in major Asian financial centers.
Sector analysts will monitor the Metaplanet meeting for further insights into partnership structures, acquisition targets and capital allocation plans. Outcomes from that event may shape American Bitcoin’s roadmap and broader asset management strategies.
Investors and stakeholders expect insights on integration of onchain data, treasury management protocols and potential governance initiatives. American Bitcoin’s trajectory will inform market expectations for similar corporate accumulation platforms worldwide.
Effective execution of the outlined expansion strategy could redefine corporate engagement in bitcoin markets, blending mining operations with treasury management and cross-jurisdictional corporate finance.
Time will reveal how the strategic initiatives align with macroeconomic conditions, central bank policies and institutional participation trends across major digital asset markets.
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