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....
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President Donald Trump’s family has struck gold in the crypto market. Their flagship token, World Liberty Financial (WLFI), debuted on September 1 and instantly boosted the Trump family’s net worth by more than $5 billion. Related Reading: Global Crypto Adoption 2025: Chainalysis Reveals Which Countries Are Winning The coin’s launch created massive buzz, with over […]
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto.
Anthony Scaramucci Thinks Institutions Are Still Not Big on Crypto
Anthony Scaramucci, CEO of Skybridge Capital, thinks there is still a long way until bitcoin and cryptocurrencies are embraced by....
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC, SkyBridge founder and former White House Communications Director Anthony Scaramucci said the firm had raised more than $100 million toward the newly announced Algorand fund. He added that the firm currently holds roughly $700 million worth of....
Anthony Scaramucci has again reiterated his stand on why he thinks bitcoin will still hit the $100,000 price target he had earlier set. Scaramucci had put forth this forecast when he was on Yahoo! Finance earlier in the year. The founder explained that bitcoin could easily be trading at $100,000 in 12 months. Anthony Scaramucci […]
Recent reports revealed that another member of the US House of Representatives will introduce a new bill on March 14 to codify US President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). This move follows recent efforts by several US lawmakers to formalize and protect Trump’s crypto plan. Related Reading: Trump Family Allegedly […]