Trump-Linked American Bitcoin Reports Rs. 59 Million Q4 Loss Amid Crypto Market Volatility

American Bitcoin, a publicly traded cryptocurrency mining firm backed in part by members of the Trump family, reported a Rs. 59 million fourth-quarter loss as declining bitcoin prices weighed heavily on its balance sheet. Despite operational growth and a 22 percent revenue increase from the previous quarter, new accounting rules requiring mark-to-market valuation of digital… Continue reading Trump-Linked American Bitcoin Reports Rs. 59 Million Q4 Loss Amid Crypto Market Volatility

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