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Nov 5, 2026

Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.

Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books - DecryptTrump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books - DecryptAmerican Bitcoin, the Trump-family-backed mining venture, swung to a roughly $126 million profit in the third quarter.decrypt.co

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