Scaramuccis led $220M funding round for American Bitcoin in July

Anthony Scaramucci, founder of U.S. hedge fund SkyBridge Capital, and his son AJ Scaramucci led an investment round for Bitcoin mining firm American Bitcoin (ABTC) in July, Fortune reported. Their investment firm, Solari Capital, told Fortune it led the round, which raised $220 million. AJ Scaramucci stated that Solari Capital invested over $100 million, while Anthony Scaramucci confirmed he also made a small personal investment. Other participants in the round included Cardano founder Charles Hoskinson and entrepreneur Grant Cardone. American Bitcoin was co-founded by President Trump's sons, Donald Trump Jr. and Eric Trump, in partnership with BTC mining company Hut 8.