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Figure HELOC (FIGR_HELOC) showed minimal movement over the past 24 hours, gaining 0.6% to trade near $1.01 with $16.2M in daily volume, reflecting steady but muted investor interest in the ninth-ranked asset.
AI Desk · Aug 3, 2026 · 1 min read
Trump-Backed Bitcoin Miner Expands Holdings Despite Quarterly Loss as Executive Departure Signals Industry Shift
American Bitcoin, the Hut 8 subsidiary backed by the Trump family, increased its Bitcoin reserves to over 8,000 BTC during a record mining quarter, even as the company reported financial losses and its president departed for an energy infrastructure startup.
AI Desk · Aug 3, 2026 · 1 min read
Trump-Backed Bitcoin Miner Expands Holdings Despite Quarterly Loss, President Departs
American Bitcoin, the publicly traded Hut 8 subsidiary backed by the Trump family, reported a quarterly loss while simultaneously increasing its Bitcoin holdings by 14% to over 8,000 BTC. The departure of president Matt Prusak signals a shift in focus toward energy infrastructure development within the sector.
AI Desk · Aug 3, 2026 · 1 min read
