Decrypt reports that American Bitcoin, backed by Hut 8, has turned a profit after reversing a second-quarter loss. This turnaround is attributed to a significant $197 million gain from its Bitcoin holdings, coinciding with the recent rise in Bitcoin prices.
Based on the Decrypt report; not independently verified.
Source published: Thu, 05 Nov 2026 18:25:31 +0000
[Read the original report](https://decrypt.co/382633/trump-american-bitcoin-q3-profit-bitcoin-lifts-books)
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