American Bitcoin (ABTC) posts a $59.5M Q4 loss after a $227M Bitcoin write-down under new accounting rules, despite $78.3M revenue and 1,654 BTC mined. Holdings now exceed 6,000 BTC, but shares remain sharply down post-listing. ⛏️📉 #Bitcoin #Crypto
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American Bitcoin (ABTC) posts a $59.5M Q4 loss after a $227M Bitcoin write-down under new accounting rules, despite $78.3M revenue and 1,654 BTC mined. Holdings now exceed 6,000 BTC, but shares remain sharply down post-listing. ⛏️📉 #Bitcoin #Crypto