The boys locked up Bitcoin mining capacity prior to Trump II shaking up that industry's supply chain.
A Dominari Holdings SEC filing stated:
Dominari Holdings Inc. (Nasdaq: DOMH) today announced that American Data Centers Inc. (“ADC”) and Hut 8 Corp, (“Hut”) partnered to form American Bitcoin Corporation. As previously announced, ADC was a wholly owned subsidiary of Dominari, but became an independent company, whose members include Donald J. Trump Jr., Eric Trump, Dominari and other industry professionals in the AI space. In partnership with Hut, American Bitcoin Corp., will focus on industrial-scale bitcoin mining and strategic bitcoin reserve development and monetization.Yet another high tech/crypto venture dependent on Uncle Sam's wallet which their highly conflicted Daddy controls.
Update 4-5-25: Eric Trump owns 966,138 shares of Dominari Holdings as of 2-18-25. Dominari offices in Trump Tower on the 22nd floor.
Dominari noted that it would be fifteen days late filing their 2024 financial results with the SEC due to the firm's rapid growth during the year.
Update 4-9-25: Trump paused his "reciprocating saw tariffs" for 90 days for every country except China.
Update 4-11-25: Just a general comment on Trump II, the digital Caligula from Jesse:
The lawlessness of this Administration and defiance of the Constitution and rule of law is not surprising, but the way in which few in government do or say anything is. This will end in tears.
Update 5-14-25: American Bitcoin will merge with Gryphon Digital Mining, a NASDAQ listed company. The company will be known as American Bitcoin and the ticker trading symbol is "ABTC." CNBC reported:
Existing stockholders of American Bitcoin, including the president’s two eldest sons, will own about 98% of the new entity.
