As many publicly traded bitcoin miners shift their business plans and capital to AI infrastructure, the family-backed American Bitcoin (ABTC) of Trump doubles down on BTC mining.
The company announced the purchase of 11,298 ASIC miners on Tuesday, a move it said will increase its mining capacity by approximately 12%.
Read more: End of bitcoin ‘HODL’: public miners go all-in on AI, signaling more BTC selling
The miners are scheduled for delivery and deployment in March 2026 at their Drumheller site, located in Alberta, Canada.
Based on current network data, the added 3.05 EH/s would account for about 0.3% of the global hash rate. That share could produce about 42 bitcoin per month or about 515 bitcoin per year. At a bitcoin price close to $68,000, that equates to about $2.9 million in monthly gross revenue and about $35 million annually, before power costs, fees and difficulty levels.
“As bitcoin matures, the priority is clear: grow an American-owned, professionally run hashrate,” said Eric Trump, co-founder and chief strategy officer at American Bitcoin. “This is how we protect the network, drive innovation and lead the future of bitcoin in America.”
ABTC shares are down 2.6% at $0.99 in Tuesday trading.
