American Bitcoin’s Trump‑Backed Mining Bet Nets $59M Q4 Loss

Trump‑backed miner American Bitcoin posted a $59.5 million Q4 loss as it doubled down on a mine and hold strategy while rivals like Bitdeer and Marathon pivot to AI.

By · · 1 min read
American Bitcoin’s Trump‑Backed Mining Bet Nets $59M Q4 Loss

Source: Cointelegraph

Trump‑backed miner American Bitcoin posted a $59.5 million Q4 loss as it doubled down on a mine and hold strategy while rivals like Bitdeer and Marathon pivot to AI.

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