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

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

· 1 min read · 76 words · via Decrypt

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Wire briefing

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

Source: Decrypt. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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