The minor company American Bitcoin, supported by the Trump family, reported a quarterly loss of $59.5 million.
American Bitcoin posted a loss of $59.5 million in the fourth quarter, but revenue increased, and its Bitcoin holdings exceeded 6,000 coins. This comes amid other companies shifting to AI and selling off government bonds.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The minor company American Bitcoin, supported by the Trump family, reported a quarterly loss of $59.5 million.
American Bitcoin posted a loss of $59.5 million in the fourth quarter, but revenue increased, and its Bitcoin holdings exceeded 6,000 coins. This comes amid other companies shifting to AI and selling off government bonds.