Bloomberg: Dominari, a small investment bank located inside Trump Tower, is accelerating its shift towards the cryptocurrency sector According to Bloomberg, Dominari Holdings (NASDAQ: DOMH), a small investment bank located in Trump Tower in New York, is accelerating its shift towards the cryptocurrency sector and continues to increase its holdings of Bitcoin. The company incurred a net loss of $32.5 million in the first quarter of 2025, with a cumulative loss of $70 million over the past three years, but its stock price still rose by 466% during the year. The bank already holds $2 million worth of Bitcoin ETF shares and has formed a joint venture with Bitcoin mining company Hut 8, American Bitcoin (ABTC). According to the SEC filing on May 12th, ABTC is merging with publicly traded company Gryphon Digital Mining. After the merger, the entity will be 98% owned by shareholders such as Dominari, and Eric Trump will serve as ABTC's Chief Strategy Officer. It is worth noting that former US President Trump's two sons, Eric and Donald Jr., joined Dominari as advisors in February and each received a potential $8 million equity incentive. Although one-third of the IPOs underwritten by Dominari in recent years have fallen by over 75% within one year of listing, the market has responded positively to its cryptocurrency layout. At present, the company's business focus includes Bitcoin mining, data center, and artificial intelligence investment.