Dominari Holdings investment firm made news as Donald Trump sons joined the company.

Eric Trump invested in the firm and also became one of the members of the board of advisors.

Recently, Dominari Holdings investment firm made news as Donald Trump sons joined the company. Eric Trump invested in the firm and also became one of the members of the board of advisors. Now this firm has made headlines again as it has become one of the corporations with a Bitcoin reserve strategy. However, unlike other companies which have been holding BTC itself, this firm opted for buying BTC ETFs instead. The purchase of a regulated exchange-traded fund instead of self-custody or using a custodian has its own benefits.

This firm’s investment in BTC ETFs was part of its broader strategy to expand its operations and revenue streams. As the company announced in its March 28 earnings report, it has bought $2 million of BlackRock’s iShares Bitcoin Trust ETFs. The company’s investment platform and the ETF were also specified in the earnings report. This is probably because this is the number one spot Bitcoin ETF available.

The Dominari Holdings stock, which has a nearly $70 million market cap, has fallen almost 9% since March 28.

Dominari Holdings (DHNR) is a holding company that provides investment banking services with a focus on emerging technologies. The firm’s stock price dropped by 8.8% on Wednesday after the company announced its fourth-quarter and full-year 2024 earnings results.

The preliminary annual earnings report, which is highlighted in Image 1, shows the firm’s Bitcoin holdings and significant growth. This firm recorded a 900% year-over-year increase in revenue, going from $2 million in 2023 to $19 million in 2024. The report also shows that the fourth quarter of last year was the most profitable by far. In this quarter, the firm’s revenue reached $8 million, which equals 42% of 24’s total revenue. This extraordinary performance was also significant for the future of the company, as it set the precedent for 25.

Image 1 – Provided by Dominari Holdings, published on www.sec.gov, March 29, 2025

This growth also changed the ratio of price to sales price as the company now has a 3.7x sales ratio. If we compare this to the company’s sales ratio of 2023, which was 35x, we can see the extreme difference.

Although a $2 million Bitcoin investment could seem small when compared to companies like Strategy, it represents 10% of annual profits. This also increases the risk and volatility of the company’s investment strategy, which makes a small entering investment more logical.

“As we continue to expand our capacity to provide comprehensive investment banking services, we remain committed to our broader strategy of transitioning into a dynamic holding company, strategically investing in emerging technologies that drive innovation and long-term value for our shareholders.”, said CEO Anthony Hayes in a statement accompanying this data.

This change in Dominari Holdings’ policy after the change in the board of advisors is not surprising. The inclusion of Donald Trump sons signaled an inclination to adopt a Bitcoin reserve strategy. Eric Trump is known for his advocacy for increased crypto adoption and is also actively involved with the WLFI firm. World Libert Financial is also an investment firm which mostly focuses on crypto investments. This firm, which is mostly owned by Trump and his family, has also recently made headlines with its new stablecoin.

Another recent and similar development in the crypto world was the inclusion of Eric Trump in the Metaplanet’s board of advisors. Metaplanet announced that this move was in line with its vision of dominating the Bitcoin scene. This Japanese company is also using a Bitcoin reserve strategy as it has been ramping up its accumulation rate. Recently, this company added $12.6 million of Bitcoin to its holdings, as it strives to reach 10,000 BTC.

As such, with Strategy’s success, the corporate world is seeing a new trend of investment strategy.