The mining company supported by the Trump family, American Bitcoin, reported a quarterly loss of $59.5 million.
American Bitcoin posted a loss of $59.5 million in the fourth quarter, while revenue increased and Bitcoin holdings exceeded 6,000 coins. This comes amid industry peers shifting to AI and selling Treasury securities.
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The mining company supported by the Trump family, American Bitcoin, reported a quarterly loss of $59.5 million.
American Bitcoin posted a loss of $59.5 million in the fourth quarter, while revenue increased and Bitcoin holdings exceeded 6,000 coins. This comes amid industry peers shifting to AI and selling Treasury securities.