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American Bitcoin posts $81.8M Q1 loss as BTC drawdown hits holdings

2026-05-07 02:31:02

Abstract generation in progress

American Bitcoin reported an $81.8 million net loss in Q1, as a $117.2 million loss on digital assets weighed on results. Mining revenue fell to $62.1 million from $78.3 million in the previous quarter. The company still mined a record 817 BTC and lifted total Bitcoin holdings to 7,021 BTC as of March 31.

BTC-0.84%

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