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American Bitcoin Reports $197M Crypto Gain as Mining Costs Rise

CoinCentral·November 5, 2026·1 min read
American Bitcoin Reports $197M Crypto Gain as Mining Costs Rise

American Bitcoin posted $126 million in Q3 net income, reversing a $57.2 million Q2 loss. A $197.3 million digital asset gain offset lower mining revenue and higher costs. Bitcoin mining revenue fell 5.4% to $63.4 million, with production around 891 BTC. Mining costs per BTC rose.

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