coin-img-ETHETH+0.09%coin-img-BTCBTC-0.71%coin-img-SOLSOL-0.06%coin-img-XRPXRP-0.63%coin-img-UCNUCN+0.18%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+9.06%coin-img-SUISUI-1.58%coin-img-ETHETH+0.09%coin-img-BTCBTC-0.71%coin-img-SOLSOL-0.06%coin-img-XRPXRP-0.63%coin-img-UCNUCN+0.18%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+9.06%coin-img-SUISUI-1.58%coin-img-ETHETH+0.09%coin-img-BTCBTC-0.71%coin-img-SOLSOL-0.06%coin-img-XRPXRP-0.63%coin-img-UCNUCN+0.18%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+9.06%coin-img-SUISUI-1.58%coin-img-ETHETH+0.09%coin-img-BTCBTC-0.71%coin-img-SOLSOL-0.06%coin-img-XRPXRP-0.63%coin-img-UCNUCN+0.18%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+9.06%coin-img-SUISUI-1.58%
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Jai Hamid

American Bitcoin Reports $3.5M Q3 Profit as Mining Margins Expand to 56%

American Bitcoin posted a $3.5 million profit in the third quarter, reversing prior-year losses as mining margins widened to 56%. Revenue surged to $64.2 million from $11.6 million year-over-year. The company expanded its bitcoin holdings to 4,004 BTC, valued at approximately $400 million as of November 5.
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