SkyBridge founder and his son lead American Bitcoin's $220 million financing round with an investment of over $100 million

According to ChainCatcher, citing Fortune, Anthony Scaramucci briefly served as White House Communications Director during President Trump’s first administration, but soon became a public critic of the president. However, this did not stop the SkyBridge Capital founder and his son, AJ Scaramucci, from supporting American Bitcoin—a bitcoin mining company co-founded by Trump’s second son, Eric Trump, with Trump’s eldest son, Donald Jr., also participating as an investor.

In an interview, the Scaramuccis stated that AJ’s investment firm, Solari Capital, led a $220 million financing round for this Trump family company in July. American Bitcoin completed this financing before going public via a reverse merger in September this year, but the list of investors was never publicly disclosed.

AJ stated that Solari Capital invested over $100 million in the company, but declined to provide a specific figure. Anthony himself also invested a small amount, but likewise did not disclose the amount.