An update from Dominari Holdings ( (DOMH) ) is now available.
On March 31, 2025, Dominari Holdings announced the transformation of its former subsidiary, American Data Centers, into American Bitcoin Corp., in partnership with Hut 8 Corp. This strategic initiative focuses on industrial-scale Bitcoin mining and reserve development. As part of the transaction, Hut 8 contributed its ASIC bitcoin miners to American Data Centers in exchange for a majority interest, leading to the rebranding as American Bitcoin. The collaboration aims to position American Bitcoin as a leading player in the Bitcoin mining industry, leveraging Hut 8’s operational expertise and Eric Trump’s strategic leadership. This move is expected to create significant shareholder value for Dominari by securing an ownership interest in American Bitcoin, which operates with revenue-producing bitcoin mining machines.
More about Dominari Holdings
Dominari Holdings Inc. is a holding company engaged in wealth management, investment banking, sales and trading, and asset management. It provides management support to its subsidiaries and seeks opportunities in sectors like AI and Data Centers to enhance stockholder value.
YTD Price Performance: 405.82%
Average Trading Volume: 1,762,130
Technical Sentiment Signal: Sell
Current Market Cap: $68.81M
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