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Twenty One Capital reports $1.09B Q3 income on Bitcoin gains

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GreyOak summary

Tether-backed Twenty One Capital reported a Q3 net income of $1.09 billion. This profit was driven by gains in Bitcoin, despite the company posting a $4.8 million operating loss for the quarter.

What it affects

  • BitcoinPositive +99

    Bitcoin gains drove net income.Rolling sentiment Negative -26

Source

Read the original at The Block

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