PANews reported on May 20 that according to Bloomberg, Dominari Holdings (NASDAQ: DOMH), a small investment bank located in Trump Tower in New York, is accelerating its shift to the cryptocurrency field and continuing to increase its holdings of Bitcoin. The company had a net loss of $32.5 million in the first quarter of 2025, and a cumulative loss of $70 million in the past three years, but its stock price still rose 466% this year. The bank already holds $2 million worth of Bitcoin ETF shares and has established a joint venture, American Bitcoin (ABTC), with Bitcoin mining company Hut 8. According to SEC documents on May 12, ABTC is merging with listed company Gryphon Digital Mining. The merged entity will be 98% owned by Dominari and other shareholders, and Eric Trump will serve as ABTC's chief strategy officer.

It is worth noting that Eric and Donald Jr., two sons of former US President Trump, joined Dominari as consultants in February, each receiving a potential equity incentive worth $8 million. Although one-third of the IPOs underwritten by Dominari in recent years fell by more than 75% within one year of listing, the market has responded positively to its crypto layout. The company's current business focuses include Bitcoin mining, data centers and artificial intelligence investment.