Scaramuccis Invest $100 Million in Trump-Linked American Bitcoin Miner Amid Past Tensions
The Scaramucci family, through their firm Solari Capital, invested over $100 million in American Bitcoin, a mining company backed by the Trump family, highlighting strong belief in Bitcoin's potential despite personal tensions with former President Donald Trump. American Bitcoin's $220 millio
The Scaramucci family, through their firm Solari Capital, invested over $100 million in American Bitcoin, a mining company backed by the Trump family, highlighting strong belief in Bitcoin’s potential despite personal tensions with former President Donald Trump.
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American Bitcoin’s $220 million funding round was led by Solari Capital, with additional investors including Tony Robbins and Cardano co-founder Charles Hoskinson.
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The company operates extensive Bitcoin mining facilities in Canada and Texas, holding over 4,000 BTC as of late 2025.
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Founded by Eric Trump and Donald Trump Jr. in partnership with Hut 8, American Bitcoin trades on Nasdaq and focuses on expanding its mining operations and Bitcoin treasury.
Discover how the Scaramucci investment in American Bitcoin underscores Bitcoin’s resilience amid political divides. Explore the Trump family’s role in this crypto venture and its growth prospects today.
What is American Bitcoin and its connection to the Trump family?
American Bitcoin is a publicly traded Bitcoin mining company launched by Eric Trump and Donald Trump Jr. in partnership with Hut 8, aiming to capitalize on Bitcoin’s growth through mining and treasury holdings. The company went public via a reverse merger in September 2025, listing on Nasdaq, and now operates facilities equipped with tens of thousands of mining rigs. By providing investors a proxy play into Bitcoin’s value, it mirrors strategies like those of MicroStrategy’s Michael Saylor without direct cryptocurrency purchases.
How did the Scaramuccis become involved in American Bitcoin?
The Scaramucci family, led by AJ Scaramucci through Solari Capital, committed over $100 million to American Bitcoin’s July 2025 funding round, as reported by Fortune. Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director under Donald Trump, made a personal investment, though the exact amount remains undisclosed. Despite Anthony’s public criticisms of Trump post-tenure, both father and son emphasized their investment stems from conviction in Bitcoin’s transformative power, not political alignment. AJ’s longstanding friendship with American Bitcoin’s president, Matt Prusak—a Stanford Business School roommate—further facilitated the deal after Prusak shared details of the spin-off from Hut 8. This infusion of capital, part of a $220 million round, included contributions from prominent figures like Tony Robbins, Charles Hoskinson of Cardano, Grant Cardone, and Peter Diamandis, signaling broad industry confidence.
Frequently Asked Questions
What motivated the Scaramucci investment in American Bitcoin despite Trump tensions?
The Scaramuccis’ decision reflects their unwavering faith in Bitcoin’s long-term value as a store of wealth and hedge against inflation, separate from personal or political views on the Trump family. AJ Scaramucci highlighted the opportunity’s alignment with Solari Capital’s crypto strategy, focusing on scalable mining operations to generate returns through Bitcoin accumulation and sales.
How does American Bitcoin’s mining setup operate in key locations?
American Bitcoin runs efficient mining sites in Niagara Falls, Canada, and Texas, leveraging low-cost energy sources and advanced technology from Hut 8’s assets. With over tens of thousands of rigs, it mined significant Bitcoin in 2025, contributing to a treasury of 4,004 BTC valued at approximately $415 million by mid-November, enabling steady growth and shareholder value.
Key Takeaways
- Strategic Funding Boost: The $220 million raise, with $10 million in Bitcoin payments, positions American Bitcoin to acquire more equipment and expand its holdings, averaging $104,000 per Bitcoin in share costs per regulatory filings.
- Trump Family Influence: Holding a stake post-Hut 8’s 80% ownership transfer, the Trumps view it as a Bitcoin exposure vehicle, akin to corporate treasury strategies adopted by other firms.
- Industry Momentum: Backed by diverse investors, American Bitcoin exemplifies crypto’s maturation, urging stakeholders to monitor its Nasdaq performance and treasury builds for market insights.
Conclusion
The Scaramucci investment in American Bitcoin exemplifies how Bitcoin mining ventures attract capital from varied sources, bridging ideological divides through shared economic optimism. As the company bolsters its operations and treasury—holding substantial BTC amid 2025’s market dynamics—investors gain a compelling proxy for Bitcoin’s upside. Stay informed on evolving crypto mining trends to capitalize on opportunities like these in the digital asset space.
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