American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million

· macro · Sentiment: bullish

Source 1 (bitcoinmagazine.com): American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million — Bitcoin Magazine

American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million
American Bitcoin swung to about $126 million in third-quarter net income after a $197.3 million gain on its bitcoin holdings, reversing a $57.2 million loss in the prior quarter.
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