Solari Capital led the firm’s $220 million round as major investors bet on large-scale Bitcoin accumulation despite political tensions
A new report reveals that the Scaramucci family has invested more than $100 million in American Bitcoin, the fast-growing mining company connected to the sons of U.S. President Donald Trump. The investment was made through Solari Capital, a firm founded by AJ Scaramucci, and it marks one of the largest known family-backed allocations into the Bitcoin mining sector this year.
Solari Capital Leads a Major Funding Round
According to details provided to financial outlets, Solari Capital led American Bitcoin’s $220 million investment round in July, just months before the company went public via a reverse merger in September.
AJ Scaramucci confirmed that Solari contributed “over $100 million”, though he declined to disclose the precise figure. His father, Anthony Scaramucci—well-known for his brief role in the Trump White House and later criticism of the former president—also made a smaller personal investment.
The funding group included several high-profile names, such as:
- Tony Robbins
- Cardano founder Charles Hoskinson
- Investor Grant Cardone
- Entrepreneur Peter Diamandis
The miner had not previously revealed the identities of its backers, making the scale and profile of investors particularly notable.
Bitcoin Seen as Above Politics
Despite Anthony Scaramucci’s long-running feud with Donald Trump, AJ emphasized that politics had no influence on the deal. “Bitcoin transcends politics,” he said, adding that the investment was driven purely by the firm’s growth prospects. Anthony has reportedly referred to Bitcoin as the “orange team,” positioning it beyond partisan divides.
AJ’s involvement originated from a personal connection: he was a Stanford Business School roommate of Matt Prusak, now the president of American Bitcoin. When Prusak shared plans to spin the miner out of Hut 8, AJ moved quickly for Solari to lead the raise.
A Growing Bitcoin Treasury Strategy
American Bitcoin operates a hybrid strategy—mining BTC and purchasing additional coins on the open market. According to BitcoinTreasuries.NET, the company holds 4,004 BTC, valued at roughly $384 million, placing it among the top 25 public corporate Bitcoin holders.
As competition intensifies among publicly traded “Bitcoin accumulation firms,” this infusion of capital positions American Bitcoin to expand aggressively in the sector.
With prominent investors backing the miner and a significant BTC reserve already on its balance sheet, the firm is emerging as one of the most closely watched new entrants in the Bitcoin infrastructure landscape.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.