👀 The Scaramucci Family Invests Over $100 Million in American Bitcoin, Connected to Trump’s Sons
AJ Scaramucci, head of the investment firm Solari Capital, has invested over $100 million in American Bitcoin, a company specializing in cryptocurrency mining and storage, which is also closely connected to the sons of former U.S. President Donald Trump. The deal was reported by Fortune.
The Largest Funding Round of American Bitcoin
The funding round amounted to $220 million, led by Solari Capital in July. This took place just a few months before the mining company went public through a reverse merger in September. Prior to this, American Bitcoin had not disclosed its investors.
AJ Scaramucci stated that Solari Capital invested “over $100 million” in the project, though the exact amount was not disclosed. His father, Anthony Scaramucci, also participated in the funding but with a smaller sum.
Other Notable Investors
Participants in the round included prominent business and crypto figures:
- Tony Robbins — business coach and motivational author;
- Charles Hoskinson — founder of the Cardano crypto platform;
- Grant Cardone — investor and entrepreneur;
- Peter Diamandis — entrepreneur and innovation expert.
Bitcoin Above Politics
The investment occurs against the backdrop of a long-standing conflict between Anthony Scaramucci and Donald Trump. Anthony briefly served as White House Communications Director under Trump in 2017 but was fired after a few days. Later, he criticized Donald Trump and publicly supported Joe Biden and Kamala Harris in the 2020 and 2024 elections.
Nevertheless, AJ Scaramucci emphasized that political motives did not influence the investment: “Of course, my father and Don Sr. had their disagreements. But Bitcoin is above politics,” he told Fortune. Anthony Scaramucci also described Bitcoin as “the orange team,” standing above party disputes.
Significant Reserves and Activity of American Bitcoin
American Bitcoin engages in mining, storing Bitcoin, and purchasing additional BTC on the open market. According to Bitcoin Treasuries, the company holds 4,004 bitcoins, valued at around $384 million, making it the 25th largest publicly traded company by Bitcoin reserves.
Eric Trump recently told The Wall Street Journal that the current drop in Bitcoin’s price is not concerning, explaining that volatility is the inevitable cost of high returns. His comments came as Bitcoin fell below $95,000, down 25% from its early October peak.
💡 Conclusions
The Scaramuccis’ investment and participation of other notable figures highlight growing institutional interest in Bitcoin, despite political and market fluctuations. American Bitcoin demonstrates a strategy of aggressive accumulation and mining, allowing the company to occupy a significant place among public crypto firms while remaining independent of political influences.
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