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American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million

Bitcoin Magazine·November 5, 2026·1 min read
American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million

American Bitcoin (ABTC) posted about $126 million in third-quarter net income after a $197.3 million gain on its bitcoin holdings, reversing a $57.2 million loss in the prior quarter. The company's profitability swung dramatically due to the appreciation of its bitcoin assets.

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