Post
ARRIWYKS
📚 LEARN: How Miner Treasuries Grow
🇺🇸 American Bitcoin Q3:
⛏️ Mined 891 BTC
📈 Net +425 $BTC (sold ∼465 for costs)
🏦 Total: 8,427 BTC
Profit? $126M — but $197.3M was a BTC price gain, not mining. Mining revenue fell to $63.4M, cost rose to $42,100/BTC.
Lesson: Treasury ≠ cash flow. Price lifts paper profit, costs eat mining margin.
Market now: BTC ∼$76,189 (-5.1%), ABTC ∼$5.13 (-17.8%).
DYOR. Not financial advice.
#OKXOrbit #Bitcoin #BTCETF2.8BInflowStreak
Bitcoin (BTC) closes above $78,457 on November 8?1.6M vol
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
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