By Shambhavi Mishra | 06 Nov, 2026
American Bitcoin's $126M Profit: A Mining Mirage or Real Value?
? Quick Take: American Bitcoin posted a $126M quarterly profit, but the win is driven by price gains, not operational efficiency. As rivals pivot to AI, pure-play miners face a tougher road ahead.The headline number looks impressive. American Bitcoin, backed by Eric Trump, reported a net income of $126 million for the quarter. Yet, beneath the surface, the company is grappling with rising electric...
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anbillion 2025-04-03 11:23:46
Simplex Infrastructure has reached a one-time settlement agreement with some of its non-assignee lenders. The agreement covers 6.27% of the 14.56% total non-assignee lenders.
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