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

Decrypt · Thu, 05 Nov 2026 18:25:31 GMT

Hype 28/100 · Market impact 25/100 · Breaking 52/100

Tags: BTC

A Bitcoin miner backed by Hut 8 swung to a second-quarter profit from a loss, with a $197 million gain on its Bitcoin holdings accounting for most of the improvement.

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