Dominari Holdings Inc. Is stockpiling Bitcoin as it shifts from biotech to finance. Their stock surged 466% since January, partly due to U.S. President Donald Trump’s sons joining as advisers. However, the firm also faced a $70 million loss over three years.
The bank is merging with Gryphon Digital Mining, retaining 98% ownership and emphasizing Bitcoin mining. A proposed 5% tax on remittances could drive crypto adoption, as senders might seek alternatives to avoid penalties.
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