Decrypt·57 event signal
Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books
financeABTC
In brief American Bitcoin, the Trump-family-backed, Hut 8-majority-owned miner, swung to roughly $126 million in net income in Q3, from a $57.2 million loss in Q2, with adjusted EBITDA of about $221 million. The turnaround leaned heavily on a $197 million gain on its digital assets as Bitcoin’s book value rose. Mining
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Source: FreeNewsAPIRead at Decrypt
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