₿ American Bitcoin Reports Smaller Q2 Loss as BTC Reserve Grows
American Bitcoin reported a Q2 net loss of $57.2 million, improving from $81.8 million in the previous quarter. The results included a $71.2 million non-cash digital asset loss amid a quarter in which Bitcoin declined by about 12%. Meanwhile, the company said its Bitcoin treasury has expanded to around 8,300 BTC, making it one of the world's largest publicly traded Bitcoin holders.
This is not any financial advice.
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