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American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain

UnchainedUnited States of America

American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain

Without a $197.3 million accounting gain on the bitcoin it holds, the Eric Trump co-founded miner would have lost about $70 million before taxes, as output, revenue and margins slipped from the second quarter. The post American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain appeared first on Unchained.

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