Eric Trump’s American Bitcoin treasury tops 8,000 BTC as Q2 mining production hits record
American Bitcoin expanded its reserve to 8,002 BTC after a record 932 BTC mined in Q2, with revenue rising 8% to $67 million.
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American Bitcoin expanded its reserve to 8,002 BTC after a record 932 BTC mined in Q2, with revenue rising 8% to $67 million.
Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
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The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.
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Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed fro...
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