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Just came across something interesting - apparently Solari Capital put over $100 million into American Bitcoin during their funding round back in July. Pretty wild move considering Solari Capital is backed by Anthony Scaramucci and his son. The whole round was $220 million, so that's a massive chunk they threw in there.
What caught my attention is the Trump family connection to American Bitcoin. You don't see that kind of capital flowing into mining operations every day. Scaramucci himself chipped in some personal money too, though he kept the exact numbers private. Solari Capital clearly saw something worth betting big on with this one.
Not sure if this signals something bigger about institutional interest in Bitcoin mining, but when you see a fund like Solari Capital making that kind of commitment, it definitely makes you wonder what they're seeing in the space. Thoughts?