Billionaire Investment in Bitcoin Miner: The Scaramucci Family's Bet on American Bitcoin

robot
Abstract generation in progress

American Bitcoin, one of the largest cryptocurrency mining companies linked to the children of former President Donald Trump, has just solidified its position in the market through a round of significant investments. With a wealth that places Anthony Scaramucci among the most prominent investors in the sector, Solari Capital, founded by AJ Scaramucci, played a central role in this financial move.

A Historic Funding Round

In July, the mining company closed a funding round of US$ 220 million, establishing its status as a relevant player in the Bitcoin market. Of this amount, Solari Capital allocated over US$ 100 million, marking one of the family’s largest investments in the crypto sector. AJ Scaramucci, leading this investment strategy, did not disclose the exact amount of his contribution but made clear the strong commitment to the future of mining.

In addition to AJ Scaramucci, his father Anthony Scaramucci also participated in the round with a complementary investment, reinforcing family support for the project. The family’s accumulated wealth in the cryptocurrency segment continues to grow with these allocations.

A Consortium of Influential Names

The group of investors in American Bitcoin goes beyond the Scaramucci family. Personalities such as Tony Robbins, known for his investment strategies, Charles Hoskinson, creator of the Cardano protocol, investor Grant Cardone, and entrepreneur Peter Diamandis also participated in the round, demonstrating the confidence of prominent figures in the project.

Structuring and Market Position

American Bitcoin went public in September through a reverse merger, a strategic move that allowed for the subsequent disclosure of its main investors. Today, the mining company ranks 25th among the largest publicly known Bitcoin holders, holding 4,004 BTC, worth approximately US$ 383.86 million in market value.

This consolidation positions the company as a significant player in the Bitcoin mining universe, with equity stakes from heavyweight investors betting on the continued growth of the crypto assets sector.

BTC-1,4%
ADA-0,53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt