American Bitcoin mining company expanded its reserve to 8,002 BTC with record Q2 production of 932 BTC and $67M revenue.
Macro & Markets ·
American Bitcoin reported a $57.2M loss in Q2 despite mining revenue reaching $67M, with digital asset losses totaling $71.2M offsetting gains elsewhere. The company's Bitcoin holdings increased 14% to 8,002 coins during the period.