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Dominari Holdings discloses $287.5 million financing to establish a $1 billion American Bitcoin in collaboration with Hut 8.
According to reports, Dominari Holdings, a Nasdaq-listed company implementing a corporate Bitcoin reserve strategy, issued a shareholder letter revealing that it raised approximately $287.5 million in the past year and reached a partnership with American Data Centers. American Data Centers was initially a wholly-owned subsidiary of Dominari Holdings and eventually merged with Hut 8. This development led to the establishment of American Bitcoin, which may be valued at $1 billion.