Back to all news
Bitcoin

American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain

Unchained·November 5, 2026·1 min read
American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain

American Bitcoin reported a $126 million quarterly profit driven by a $197.3 million accounting gain on the bitcoin it holds. Without that gain, the Eric Trump co-founded miner would have lost about $70 million before taxes, as output, revenue and margins all slipped from the second quarter.

Read at Unchained
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store