American Bitcoin Loses 92% Since Reverse Merger, Outpacing Bitcoin
Bitcoin
September 29, 2026
18:37
By:
CryptoNews
The Hut 8-owned mining company recorded more than $288 million in net losses across 2025 and the first half of 2026.
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
Related news
September 29, 2026
Sivar is built by Modveon with Coinbase infrastructure for stablecoin remittances between the United States and El Salvador.
September 29, 2026
The testnet activation will occur at epoch 353,024, while Ethereum's mainnet target remains the fourth quarter of 2026 without a …
September 29, 2026
The exchange resumed Bitcoin withdrawals after a temporary pause, with other assets expected to follow later in the week.
September 29, 2026
The funds recorded $31.07 million in net inflows on Sept. 28, extending their positive streak to eight trading days.
September 29, 2026
Analyst Ali Charts points to $73,000 as a potential Bitcoin support level after the Nov. 3 U.S. midterm elections. His …
