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via Cointelegraph · By Cointelegraph Staff

American Bitcoin Misses Revenue, Reports $82M Q1 Loss

BTC

BTC/USDT

$63,198.00

+0.21%

$63,198.00

+0.21%

(24s)

24h Volume

$4,601,091,392.25

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.0%

Long: 69.0%Short: 31.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,119.67

▲ 0.35%

Volume (24h): -

Resistance Levels

Resistance 3$65,254.36

Resistance 2$64,507.45

Resistance 1$63,135.87

Price$63,119.67

Support 1$62,997.79

Support 2$62,320.84

Support 3$61,340.19

Pivot (PP):$63,002.00

Trend:Downtrend

RSI (14):44.0

Cointelegraph Staff

(07:08 AM UTC)

1 min read

Reviewed byDavid Kim

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…

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Source

Cointelegraph Staff · Cointelegraph

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