TechFlow News, February 26: According to Bloomberg, American Bitcoin—a mining company backed by the Trump family—reported a $59 million loss for the fourth quarter. Due to write-downs in the value of its Bitcoin holdings, the company recorded $227 million in unrealized losses for the year. Since peaking in September, its stock price has lost nearly 90% of its market value. Notably, American Data Centers—originally founded with support from Trump’s sons as an AI infrastructure provider—was later integrated into American Bitcoin.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号




