American Bitcoin’s $126 Million Profit Rode Bitcoin’s Rally. Q4 Is Testing It
American Bitcoin (ABTC) earned $126 million in the third quarter (Q3), powered by a $197.3 million Bitcoin (BTC) gain. Without it, the miner’s operations posted a small loss. The company, co-founded by Eric Trump, released its earnings after the US market closed on November 4. Its stock had already fallen 5.6% from the prior close The post American Bitcoin’s $126 Million Profit Rode Bitcoin’s Rally. Q4 Is Testing It appeared first on BeInCrypto.
Key Takeaways
- American Bitcoin (ABTC) earned $126 million in the third quarter (Q3), powered by a $197.3 million Bitcoin (BTC) gain.
- Without it, the miner’s operations posted a small loss.
- The company, co-founded by Eric Trump, released its earnings after the US market closed on November 4.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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