American Bitcoin reported $57.2M Q2 loss despite 14% growth in BTC holdings to 8,002 coins and $67M mining 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.