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Eric Trump’s American Bitcoin swings to $126 million profit in Q3 on digital asset gains

By Brian Danga

American Bitcoin reported Q3 net income of $126 million, swinging from a $57.2 million net loss in the previous quarter.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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