cryptocurrency

Trump-Linked US Bitcoin Adds 11,298 ASICs, Boosts Hashrate

The new hardware is expected to add approximately 3.05 exahash per second (EH/s) of mining power when deployed at the company’s Drumheller facility.

American Bitcoin (ABTC) expands its Bitcoin mining operations by purchasing 11,298 new ASIC machines.

The acquisition is expected to increase the company’s capacity by 12%, supporting its strategy to accumulate BTC through mining operations.

12% power expansion.

ABTC said in a press release on March 3 that the new miners will add 3.05 exahash per second (EH/s) to its capacity, with the machines scheduled to be deployed in March 2026 at the Drumheller mine in Alberta, Canada.

Each unit is expected to operate at an efficiency rating of about 13.5 joules per iterahash (J/TH), compared to the company’s current fleet rating of 16 J/TH.

“As Bitcoin grows, the priority is clear: grow America’s hashrate, driven by professionalism,” said founder Eric Trump. “That’s how we secure the network, drive innovation, and lead the future of Bitcoin in America.”

After this purchase, the fleet owned by American Bitcoin will increase by 12% to 89,242 miners, representing approximately 28.1 EH/s of the total number of miners. The managed fleet consists of all miners owned by the company, including units that may not be currently operating.

Once the new equipment is online, the active fleet will include 58,999 miners delivering approximately 25.0 EH/s with an efficiency rating of approximately 14.1 J/TH. In comparison, the largest publicly listed BTC miners currently operate at around 50 EH/s.

Bitcoin Accumulation Strategy

Matt Prusak, president of ABTC, said that the company makes all decisions to increase the collection of OG cryptocurrency. The cryptocurrency firm previously reported that it ended 2025 with 5,041 BTC on its balance sheet, which has since grown to more than 6,000 BTC.

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He also explained that the company’s fleet strategy focuses on deploying high-performance hardware, optimizing energy costs, and maintaining the flexibility to scale performance in response to network and market conditions.

Following the recent deployment of high-performance machines, the company aims to produce BTC on a cost-effective basis and increase its total value per share through disciplined mining operations and capital allocation.

Meanwhile, the expansion comes as several public miners redirect capital and infrastructure to AI workloads. Companies such as Core Scientific, Riot Platforms, Cipher Mining, and Bitdeer have redeployed portions of their data center capacity to support the technology.

American Bitcoin itself reported a total loss of $59.45 million in the fourth quarter of 2025, compared to a profit of $3.48 million last year.

For the three months ended Dec. 31, the company’s revenue was $78.3 million, up from $64.2 million in the same period last year, but slightly lower than the $79.6 million analysts were expecting.

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