#BTC #TrumpFamilyCrypto
Dominari Holdings Unveils $171.7M Stake in Trump-Associated American Bitcoin
In a notable development within the cryptocurrency and mining sector, Nasdaq-listed Dominari Holdings (DOMH) has disclosed its substantial investment in American Bitcoin (ABTC), a Bitcoin mining company with ties to U.S. President Donald Trump. The firm reported holding 23.2 million shares of ABTC, valued at approximately $171.7 million based on the stock's closing price of $7.40 per share as of September 5, 2025.
Key Details from the Disclosure:
Ownership Breakdown: Dominari's stake represents a significant position in ABTC, which operates as a Bitcoin mining and treasury entity.
Valuation Context: The $171.7 million figure underscores the growing institutional interest in Bitcoin mining operations amid fluctuating crypto market dynamics.
Trump Family Connection: ABTC is backed by President Trump's sons, Eric and Donald Trump Jr., who co-founded the company earlier in 2025 and hold about 20% of its shares collectively. This affiliation has drawn attention due to the family's expanding crypto ventures, including recent surges in ABTC's stock price post-Nasdaq listing, where shares climbed as much as 39% on debut.
Broader Context and Interconnections:
Research indicates that the Trump brothers also maintain stakes in Dominari Holdings itself, with each owning nearly 6.3% of the company, positioning it as a crypto treasury vehicle. ABTC's public listing followed a merger with entities like Hut 8 and Gryphon Digital Mining, marking a strategic push into Bitcoin accumulation and mining efficiency. This has propelled the Trump family's crypto-related wealth, with their ABTC holdings alone estimated at over $1.46 billion in recent valuations.
This disclosure reflects the increasing convergence of political influence, traditional finance, and cryptocurrency infrastructure. As Bitcoin mining companies like ABTC expand, such investments could signal confidence in the sector's long-term viability, despite energy and regulatory challenges.