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Dominari Holdings Announces New Venture with Trump Jr.

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Dominari Holdings Announces New Venture with Trump Jr.

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An update from Dominari Holdings ( (DOMH) ) is now available.

On February 18, 2025, Dominari Holdings announced the creation of American Data Centers Inc. (ADC), a venture with Donald J. Trump Jr., Eric Trump, and AI industry professionals, aimed at developing data center campuses across the U.S. to meet growing demand for computing infrastructure. ADC, in which Dominari holds a 32% stake, is expected to significantly enhance the U.S. AI infrastructure. Additionally, Dominari declared a special cash dividend of $0.32 per share, totaling approximately $4.6 million, to be paid on March 3, 2025, reflecting its financial growth and commitment to shareholder value.

More about Dominari Holdings

Dominari Holdings Inc. is a holding company involved in wealth management, investment banking, sales and trading, and asset management. The company provides management support to its subsidiaries and seeks opportunities to enhance stockholder value, including in the AI and data center sectors.

YTD Price Performance: 997.43%

Average Trading Volume: 1,432,813

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $130.3M

See more data about DOMH stock on TipRanks’ Stock Analysis page.

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