Home Scaramucci-led Group Invests $220M In Trump-linked Bitcoin Miner

Scaramucci-led Group Invests $220M In Trump-linked Bitcoin Miner

Share
Scaramucci-led Group Invests $220M In Trump-linked Bitcoin Miner
Share

Solari Capital, founded by AJ Scaramucci, led a $220 million investment in American Bitcoin, a mining firm co-founded by Eric Trump and backed by Donald Trump Jr. The investment was made prior to the company’s reverse-merger listing in September but was not previously disclosed.

AJ Scaramucci said Solari contributed more than $100 million, while his father, SkyBridge Capital founder Anthony Scaramucci, added a smaller personal investment. Other notable backers included Tony Robbins, Cardano founder Charles Hoskinson, Grant Cardone, and Peter Diamandis.

Though Anthony Scaramucci has publicly criticized Donald Trump in the past, the investment highlights emerging bipartisan and multigenerational interest in U.S.-based Bitcoin infrastructure.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Circle Buys IBM Blockchain Patent Portfolio To Build An IP Moat Over Stablecoin Rivals
News

Circle Buys IBM Blockchain Patent Portfolio To Build An IP Moat Over Stablecoin Rivals

To improve its technological standing in the digital asset sector, Circle purchased about 1,000 blockchain patents from IBM. Blockchain infrastructure, payments, banking,...

Federal Judge Pauses Minnesota Prediction Market Ban After CFTC, Kalshi & Polymarket Challenge
News

Federal Judge Pauses Minnesota Prediction Market Ban After CFTC, Kalshi & Polymarket Challenge

A U.S. federal judge has temporarily blocked Minnesota’s prediction market ban after the CFTC, Kalshi, and Polymarket challenged the state law. The...

Binance Launches Bitcoin ETF Futures Alongside Treasury ETF Contracts
News

Binance Launches Bitcoin ETF Futures Alongside Treasury ETF Contracts

Based on the ProShares Bitcoin ETF and U.S. Treasury bond ETFs, Binance introduced three new ETF-linked perpetual futures contracts. Because BITOUSDT is...

Nvidia Launches AI Security Alliance Without OpenAI, Google Or Anthropic
News

Nvidia Launches AI Security Alliance Without OpenAI, Google Or Anthropic

In an effort to develop open-source tools to enhance AI security, Nvidia has partnered with 36 top tech firms to form the...

Related Articles

Narrative Rotation Playbook: How Traders Spot The Next Hot Sector Early

Crypto does not usually move in a straight line. It moves in...

5 Best Ways To Monetize Your Idle Crypto Via Liquid Staking

Imagine you have been holding Ethereum for years. You think its price...

How To Start An AI Faceless YouTube Channel & Get Monetized

Do you want to make money from YouTube, but you don’t make...

TOP 5 AI Tokens With Strong Real World Utility

Are you looking for some AI-focused crypto projects as Artificial Intelligence (AI)...