American Bitcoin Expands BTC Mining Operations with 11,298 New ASIC Miners

As many publicly traded bitcoin miners pivot toward AI infrastructure investments, Trump family-backed American Bitcoin (ABTC) is reinforcing its commitment to large-scale bitcoin mining. The company announced Tuesday that it has purchased 11,298 new ASIC miners, a strategic move expected to increase its total mining capacity by approximately 12%.

The newly acquired ASIC mining machines are scheduled for delivery and deployment in March 2026 at ABTC’s Drumheller facility in Alberta, Canada. Once operational, the additional equipment is projected to add 3.05 exahashes per second (EH/s) to the company’s hashrate. Based on current bitcoin network data, this expansion would represent roughly 0.3% of the global bitcoin hashrate, further strengthening American Bitcoin’s position in the competitive crypto mining industry.

With the added hashrate, ABTC could potentially mine around 42 bitcoin per month, translating to an estimated 515 bitcoin annually. At a bitcoin price of approximately $68,000, this production level would generate about $2.9 million in monthly gross revenue, or nearly $35 million per year, before accounting for electricity costs, mining fees, and fluctuations in mining difficulty. These projections highlight the company’s long-term confidence in bitcoin mining profitability despite broader industry shifts toward artificial intelligence data centers.

Eric Trump, co-founder and chief strategy officer of American Bitcoin, emphasized the company’s strategic focus on domestic mining operations. He stated that as bitcoin continues to mature, building an American-owned and professionally managed hashrate is critical to protecting the network, fostering innovation, and ensuring U.S. leadership in the future of bitcoin.

While ABTC is doubling down on BTC mining infrastructure, its stock experienced short-term pressure, with shares falling 2.6% to $0.99 in Tuesday trading. Nonetheless, the expansion underscores American Bitcoin’s commitment to scaling its mining operations and maintaining a strong foothold in the evolving cryptocurrency mining landscape.