Cryptonews

Unraveling the World of Crypto - One News at a Time

American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

Cointelegraph Published 05.11.2026 22:43

The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.American Bitcoin reported a quarterly…

Read full article →

Related articles

  • XRP to $0.98 or a ‘Face-Melting’ Rally? Analysts Clash on What Comes Next
    CryptoPotato Published 25.10.2026 12:42
  • Kamino links most of CEO’s KMNO vesting to valuation while holders have no foundation revenue claim
    CryptoSlate Published 04.11.2026 18:50
  • South Korea’s Crypto Tax Faces Fourth Delay as 2029 Date Looms: Report
    Bitcoin.com Published 26.10.2026 18:35
  • Claude AI Cracks Satoshi’s 17-Year Bitcoin Mystery
    BeInCrypto Published 22.10.2026 21:08
  • Bitcoin ETFs draw $528 million as ether funds snap five-day outflow streak
    The Block Published 22.10.2026 09:56
  • Binance taps half its SAFU Bitcoin holdings, releases reserve proof
    Cointelegraph Published 02.11.2026 13:21
  • Solana’s Alpenglow Upgrade Goes Live, Promising 99% Faster Finality
    Bitcoin.com Published 21.10.2026 14:38
  • Bitcoin Price Returns to $81K as Federal Reserve Holds Rates Steady
    Bitcoin.com Published 28.10.2026 18:11

Market Prices

Bitcoin

Bitcoin

$63,111.35

BTC 0.01%

Ethereum

Ethereum

$1,678.64

ETH 1.11%

XRP

XRP

$1.17

XRP 2.73%

Solana

Solana

$66.79

SOL 1.85%

Cardano

Cardano

$0.17

ADA 4.12%

Stellar

Stellar

$0.20

XLM -0.73%

RSS feed: Latest Crypto News Latest Crypto News

  • American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI
  • 5 Stocks Gained 14% or More During the Nasdaq Selloff. Here Is Why
  • Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
  • Bitcoin Fixes This? Paraguay President Resigns After Bank Lockout Hits 60% of Country
  • Arkansas Sues Kalshi, Alleging Deceptive Trading Practices and Unjust Enrichment
  • Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue
  • Could Democrats Burst the AI Bubble? New Governors Push Data Center Pauses
  • Solana developers propose major overhaul to address hidden risk that could disrupt its network
  • Crypto Has a New Enemy After Binance Hack, Michael Saylor Warns
  • TeraWulf Traded Anthropic’s Credit Risk for Google’s. The Stock Fell Anyway.
  • Stacks Bond 3 Sells Out With Bullish and 21shares Among Participants
  • Crypto ally French Hill wins reelection but set to lose House chair
  • OpenAI Promises to Foot AI’s Power Bill After Voter Revolt. Who Enforces It?
  • Canary Capital Brings Injective to Nasdaq With New INJ Staked ETF
  • Gate Pioneers Proof of Security (PoSEC), Achieving 104.58% Cold Storage Coverage to Solidify Asset Security
  • Trump Crypto Tokens Crash as Democrats Take Control of Congress
  • OKX-ICE Tokenization Plan Faces Objections From Dozens of Companies
  • Bitcoin’s $74.6m ETF rebound meets a tougher US regulatory outlook
  • DOJ Creates ‘Super Intelligence’ Task Force to Guard Against AI Abuse
  • Bitcoin traders face Friday’s $2.7 billion options expiry with a dangerous five-hour blind spot