Scaramucci Family Invests Over $100M into Trump-Linked Bitcoin Mining Firm

Scaramucci family bets big on Trump Bitcoin mining firm

Scaramucci Family Invests Over $100M into Trump-Linked Bitcoin Mining Firm

Trump critic Anthony Scaramucci and his family have become major backers of American Bitcoin, the mining firm connected to President Donald Trump’s sons, with a commitment of more than $100 million.

The money was funneled through Solari Capital, the investment firm run by Anthony’s son AJ Scaramucci, which led a $220 million funding round in July before American Bitcoin went public via a reverse merger in September.

AJ Scaramucci says Solari invested well over $100 million, while Anthony chipped in a smaller personal stake. Other backers reportedly include Tony Robbins, Cardano founder Charles Hoskinson and investor Grant Cardone.

The twist is that the deal lands after years of public bad blood between Anthony Scaramucci and Donald Trump. The former White House communications chief was fired after a brief stint in 2017 and later campaigned for Joe Biden and Kamala Harris in the 2020 race.

AJ insists politics were left at the door, arguing that Bitcoin sits above partisan fights and should be seen as neutral digital infrastructure rather than a red or blue issue. His interest in American Bitcoin began through a longtime friend, Matt Prusak, now the company’s president, whom he met while at Stanford business school. Prusak helped spin the miner out from Hut 8, and AJ pushed for Solari to lead the round.

American Bitcoin both mines and buys BTC, and now holds about 4,004 Bitcoin, worth about $384 million, on its balance sheet. Eric Trump recently shrugged off the latest crypto downturn, saying Bitcoin’s sharp price swings are a fair trade-off for long-term upside.