Scaramucci Family Invests $100 Million in Trump’s Bitcoin Mining Firm

AJ Scaramucci, founder of Solari Capital, a prominent investment firm, led a $220 million funding round for American Bitcoin, the mining and accumulation firm associated with President Donald Trump’s sons. This significant investment from the Scaramucci family, totaling over $100 million, marks a notable move in the crypto market. 4,004 BTC – worth roughly $383.86 million – make American Bitcoin one of the largest public Bitcoin holders. The funding came before American Bitcoin went public through a reverse merger in September, adding another layer to this significant partnership.