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Trump-backed American Bitcoin received $100M investment from political critic

The post Trump-backed American Bitcoin received $100M investment from political critic appeared com. The Scaramuccis have revealed that they committed a $100 million investment to the Trump family-linked American Bitcoin despite their sour relationship with President Donald Trump. American Bitcoin is a mining company backed by the Trump family, and it has big ambitions for the crypto industry, specifically focusing its business on Bitcoin. Fortune reported that the $220 million round was led by Solari Capital. Other backers in the round include Tony Robbins, Charles Hoskinson the co-founder of Cardano, Grant Cardone, and Peter Diamandis. Scaramuccis invest millions in Trump-backed Bitcoin miner Solari Capital, an investment firm led by AJ and Anthony Scaramucci, reportedly contributed more than $100 million in a July funding round for American Bitcoin. This is of note because of the Bitcoin mining company’s ties to Donald Trump’s sons. Anthony Scaramucci, AJ’s father and the founder of SkyBridge Capital, made a smaller personal investment, although he did not share the exact amount. Anthony Scaramucci is well-known for his short stint as White House communications director under Donald Trump and also for being quite critical of him afterward. However, both he and his son have been investing in American Bitcoin. The pair have said that their motive is their belief in the power of Bitcoin despite their dissatisfaction with Trump. AJ has even closer ties with American Bitcoin’s president, Matt Prusak, who was his roommate at Stanford Business School. According to Fortune, Prusak told AJ that American Bitcoin was being spun off from Hut 8, and AJ jumped on the opportunity. American Bitcoin’s operations American Bitcoin was launched by Eric Trump and Donald Trump Jr., in partnership with Hut 8. As part of the deal, Hut 8 contributed “substantially all” of its Bitcoin mining equipment, in exchange for 80% of the company’s shares. The Trump family reportedly holds the remaining stake.

‘The Long Walk’ Submits Entire Ensemble in Supporting Acting Categories for Oscars and Other Awards (EXCLUSIVE)

Lionsgate is going with a smart awards strategy in hopes of becoming a dark horse Oscar contender. Francis Lawrence’s “The Long Walk” will campaign its entire principal cast of boys including Cooper Hoffman and David Jonsson in the supporting acting categories across all major awards bodies, Variety has learned exclusively. The Lionsgate dystopian [.].

Kansas State forces 5 turnovers to edge Oklahoma State 14-6

STILLWATER, Okla. (AP) Kansas State forced five turnovers in a 14-6 win over Oklahoma State on Saturday. All of the Wildcats’ points came off those turnovers. Kansas State, which had averaged 34. 2 points in its previous five games, was held to 284 yards. Despite that, the Wildcats have won three of four. Avery Johnson.

BitMine Appoints Chi Tsang as CEO Amid Leadership Reshuffle

The post BitMine Appoints Chi Tsang as CEO Amid Leadership Reshuffle appeared com. Key Points: BitMine appoints Chi Tsang as CEO amid leadership changes, focusing on Ethereum growth. Jonathan Bates steps down; Tsang to drive ETH supply target. Market reacts to BitMine’s goal of holding 5% of Ethereum. BitMine Immersion Technologies appointed Chi Tsang as CEO, alongside three new board directors on November 14, marking a significant leadership shift for the Ethereum-focused firm. The leadership change aims to strengthen BitMine’s Ethereum strategy, striving to hold 5% of ETH’s supply, impacting both traditional markets and crypto community perceptions. BitMine’s Leadership Overhaul Targets 5% Ethereum Holdings BitMine began its leadership changes with Chi Tsang’s appointment as CEO, which follows Jonathan Bates’ role as the previous CEO. The organization’s intent is to increase its standing in the Ethereum finance landscape. A significant change involves BitMine’s strategy to continue growing its Ethereum holdings. This move positions BitMine as a major player aiming to hold 5% of the Ethereum supply, placing it alongside other institutional treasuries. “The new members of the board have been carefully selected to provide a unique blend of experience, insight, and leadership across technology, DeFi, and financial services. to help BitMine push further on its goal to hold 5% of Ethereum supply while bridging the gap between the traditional capital markets and the Ethereum ecosystem.” Tom Lee, Chairman, BitMine Ethereum’s Market Position Under Scrutiny Amid BitMine’s Strategy Did you know? BitMine’s strategy to hold 5% of Ethereum’s supply positions it alongside major institutional treasuries, highlighting a significant trend among public firms to accumulate substantial digital assets. This reflects growing institutional interest in Ethereum. Ethereum’s price is currently at $3,174. 65, with a market cap of $383. 17 billion, dominating 11. 84% of the market as per CoinMarketCap. Over the past 24 hours,.

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