Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates

Source: coinDesk November 5, 2026 · 03:45
Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates
Photo by Jakub Zerdzicki · Pexels
From the publisher
Revenue fell to $63.4 million in the third quarter and missed analysts’ forecasts as bitcoin production declined and higher summer electricity prices pushed mining costs up.
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CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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