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via Cointelegraph · By Cointelegraph Staff

American Bitcoin Misses Revenue, Reports $82M Q1 Loss

BTC

BTC/USDT

$60,141.52
+2.55%
24h Volume

$33,695,598,981.30

24h H/L

$60,759.99 / $58,337.00

Change: $2,422.99 (4.15%)

Long/Short
69.9%
Long: 69.9%Short: 30.1%
Funding Rate

+0.0038%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,751.89

-0.07%

Volume (24h): -

Resistance Levels
Resistance 3$70,463.02
Resistance 2$62,909.86
Resistance 1$60,962.29
Price$59,751.89
Support 1$59,684.46
Support 2$58,115.01
Support 3$51,387.09
Pivot (PP):$59,616.29
Trend:Downtrend
RSI (14):30.4
CS
Cointelegraph Staff
(07:08 AM UTC)
1 min read
DK
Reviewed byDavid Kim
668 views
0 comments

American Bitcoin, the crypto mining company co-founded by US President Donald Trump’s son Eric Trump, reported an $81.7 million first-quarter loss as its revenue missed analyst estimates.

American Bitcoin on Wednesday reported revenue of $62.1 million for the quarter ended March 31, a 400% increase from $12.3 million in the prior-year period but down from $78.3 million in the fourth quarter of…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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