Trump-backed American Bitcoin expands owned mining capacity by anticipated 12% to 28.1 EH/s

American Bitcoin (ABTC) announced the purchase of 11,298 new ASIC miners, adding about 3.05 exahash per second (EH/s) of capacity and bringing its total owned fleet to approximately 28.1 EH/s across 89,242 miners. These machines are slated for delivery and deployment at the Drumheller site in Alberta by March 2026. Upon full energization, the operational fleet is expected to be 25 EH/s. Eric Trump, co-founder, emphasized that the expansion is aimed at growing American-owned hashrate to protect the network. The company's core business model focuses on accumulating bitcoin at a cost below spot prices, having mined BTC at a 53% discount in Q4 2025. Despite posting a net loss in 2025 due to non-cash accounting adjustments, ABTC continues to prioritize scaled self-mining and accumulation over monetizing its treasury, unlike some peers pivoting to AI.

(Source：The Block)