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American Bitcoin records $126 million in Q3 net profit driven by Bitcoin gains

CryptoProwl +2 · ·by G4L

ABTC
ABTC American Bitcoin Corp
$5.13 -3.21%
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  1. 1American Bitcoin reported a Q3 net profit of approximately $126 million.
  2. 2American Bitcoin's Bitcoin-related non-cash gains reached $197 million.
  3. 3As of the end of September, American Bitcoin's Bitcoin holdings stand at 8,427 BTC.

So what's the key point?

American Bitcoin earned a net profit of $126 million in the third quarter. This figure was recorded as significant Bitcoin-related gains occurred.

Source CryptoProwl +2 · View original ↗

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