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via Cointelegraph · By Cointelegraph Staff
American Bitcoin Misses Revenue, Reports $82M Q1 Loss
BTC
BTC/USDT
$79,935.99
+0.24%
$79,935.99
+0.24%
(24s)24h Volume
$6,887,467,670.83
24h H/L
$80,107.99 / $79,233.00
Change: $874.99 (1.10%)
Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate
+0.0022%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:08 AM UTC)
1 min read
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…
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