Previously undisclosed funding information has confirmed that former White House Communications Director Anthony Scaramucci and his son AJ Scaramucci were major investors in American Bitcoin, a U.S.-based Bitcoin mining company associated with President Donald Trump’s sons.
The investment was part of a $220 million fundraising round completed in July, shortly before the company went public through a reverse merger in September. The round was led by Solari Capital, the investment firm founded and managed by AJ Scaramucci.
AJ Scaramucci confirmed that Solari Capital contributed more than $100 million to American Bitcoin but did not disclose the exact amount. The full list of investors participating in the July raise was not announced at the time of listing.
Additional High-Profile Investors Participated
Alongside the Scaramucci family, several well-known figures backed the round, including:
• Tony Robbins
• Cardano founder Charles Hoskinson
• Grant Cardone
• Peter Diamandis
According to Fortune, Anthony Scaramucci also invested personally, although his individual allocation was not disclosed.
Political History Not a Factor in the Funding Decision
Anthony Scaramucci previously worked in the Trump administration in 2017 before his rapid dismissal. Since then, he has been publicly critical of Trump. The investment in American Bitcoin is not connected to political activity and was made because of the company’s business model in the Bitcoin mining sector. There is no indication that political considerations influenced the funding decision.
With the recent capital injection and public listing completed, American Bitcoin is expected to continue scaling its U.S. mining operations. The participation of well-known investors across technology, venture capital and cryptocurrency shows continued institutional interest in U.S.-based mining infrastructure.
Market Signals Are Flashing Mixed, Not Fully Bearish
On-chain analytics and futures data are adding more nuance to Bitcoin’s latest drop. TradingView data shows that the price has now retraced to levels not seen in roughly six months. Despite the heavy selling, there has been a noticeable increase in trading activity around the current price zone, suggesting that short-term traders are not the only ones involved — larger market participants are also repositioning.
One focal point for analysts right now is the weekly performance of the CME Bitcoin futures chart, which recorded a close below the 50-week moving average. Historically, this type of close has occurred during major transition periods in market cycles — sometimes before deeper corrections, but also during late-stage pullbacks that precede macro reversals. This is why analysts are cautious: neither direction has yet confirmed itself.
Bitcoin CME futures weekly close under the MA50. pic.twitter.com/lEwDWt0FBg
— Crypto Rover (@cryptorover) November 15, 2025
Another dataset attracting attention is the Spent Output Profit Ratio (SOPR) for long-term holders. The latest chart places SOPR directly on a historically important support level. During previous market cycles, this zone has been where long-term holders stopped selling into fear and began holding again.
Long-term holders’ SOPR is now sitting on a key support level.
Selling pressure needs to ease from here. pic.twitter.com/i1ED8YPphd
— Crypto Rover (@cryptorover) November 15, 2025
If selling pressure eases at this exact point, it would be one of the strongest signals that forced selling is nearing exhaustion. If selling continues and SOPR breaks below support, it would invalidate the bottoming thesis.
Taken together, the indicators suggest a turning point rather than a clear trend. Price is low enough to attract long-term accumulation, yet bearish enough to keep traders defensive. What happens next will depend on whether the market sees relief in selling pressure or another wave of liquidation.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.