Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates

6h ago

TLDR — Revenue fell to $63.

Signal data─ Neutralconfidence 50%Low materiality

AssetEventsector-trendEvent timeNov 5, 11:45 UTCAttention0 readers/hrNormalSmart readers0

Revenue fell to $63.4 million in the third quarter and missed analysts’ forecasts as bitcoin production declined and higher summer electricity prices pushed mining costs up.

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