SkyBridge founders invest over $100 million to lead American Bitcoin's $220 million financing

According to Fortune, Anthony Scaramucci briefly served as White House Communications Director in 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 involved in the investment.

In an interview, the Scaramucci father and son 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 through a reverse merger in September this year, but has never publicly disclosed the list of investors.

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