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Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates

CoinDesk·November 5, 2026·1 min read
Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates

American Bitcoin, linked to Trump, swung to a $126 million profit in Q3 but missed revenue estimates. Revenue fell to $63.4 million, below forecasts, as bitcoin production declined and higher summer electricity prices raised mining costs. The company's profitability improved despite revenue shortfall.

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