Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books

DecryptNovember 5, 2026 · 6:34 PM2 min read

The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.

Originally published on Decrypt

The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.

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