American Bitcoin Swings to $126 Million Quarterly Profit on Bitcoin Gains, Grows Reserve to 8,427 BTC

Bitcoin miner American Bitcoin (NASDAQ: $ABTC), a majority-owned subsidiary of Hut 8 (NASDAQ: $HUT) co-founded by Eric Trump, reported third-quarter net income of about $126 million on Wednesday, helped by a $197 million non-cash gain on it
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