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American Bitcoin — the crypto mining firm backed by Donald Trump Jr. and Eric Trump — is set to go public via a merger with Gryphon Digital Mining, aiming for a Nasdaq debut in September.
ABTC reported Q4 revenue of $78.3M, up 22% sequentially, and grew its Bitcoin reserve to 5,401, a 58% increase. Despite a 23% drop in Bitcoin prices, gross margin held at 53% and SG&A fell to 9% of ...
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