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American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

Source: Cointelegraph.com News · Nov 05, 2026 22:43 UTC

The Quick Take

The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.

Read the full story at Cointelegraph.com News →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Cointelegraph.com News.

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Mississippi Senate election: Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith

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