Trump’s Bitcoin Mining Firm Gets $100M+ Boost From Scaramucci Family: Report

AJ Scaramucci’s family has put more than $100 million into a Bitcoin mining company backed by US President Donald Trump’s sons, according to reporting on the deal. The cash came through Solari Capital, the firm led by AJ Scaramucci, and was part of a larger $220 million pre-IPO financing in July. Related Reading: Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst Funding Round And Backers A report by Fortune has disclosed that the July financing was led by Solari Capital and raised $220 million in total. Solari’s investment is said to exceed $100 million, while Anthony Scaramucci also made a smaller personal contribution. Other investors named in coverage include the founder of Cardano, some real-estate figures, and a handful of entrepreneurs and public personalities. The move was framed by investors as a big bet on Bitcoin infrastructure rather than a simple token play. The Company’s Scale And Holdings According to filings, the company owned more than 60,000 Bitcoin miners a