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