American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

Nov 5, 2026 - 15:00
 0  1
American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0