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Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings

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Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings
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TL;DR:

Bitcoin Magazine Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings American Bitcoin Corp. (Nasdaq: ABTC), a Trump family-linked mining company based in Miami, reported a $59 million fourth-quarter net loss after a 23% drop in bitcoin’s price triggered a...

Key Points:

  • Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings
  • Involves BTC, LINK cryptocurrencies

    • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss a... | NewsCR