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via The Block · By The Block Editorial

Eric Trump's American Bitcoin reports $82 million loss in Q1 amid 'record' mining production

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The Block Editorial

(01:58 AM UTC)

1 min read

Reviewed byMichael Roberts

1156 views

0 comments

American Bitcoin (ABTC), the bitcoin mining and treasury firm co-founded by Eric Trump, reported an $81.8 million net loss in the first quarter, compared with a $59.5 million net loss in the previous quarter.

According to the firm's filing with the Securities and Exchange Commission on Wednesday, American Bitcoin reported $62.1 million in mining revenue during the quarter, down from $78.3…

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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The Block Editorial · The Block

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