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American Bitcoin posts $126 million profit as bitcoin holdings gain $197 million
American Bitcoin (ABTC) reported roughly $126 million in third-quarter net income, driven by a $197.3 million gain on its bitcoin holdings.
ABTC news this week leans bullish: in the last 7 days we classified 1 bullish, 0 bearish and 0 neutral ABTC story. The heaviest story: “American Bitcoin posts $126 million profit as bitcoin holdings gain $197 million” (Bitcoin Magazine).
Why is crypto up today? →American Bitcoin (ABTC) reported roughly $126 million in third-quarter net income, driven by a $197.3 million gain on its bitcoin holdings.