
{"id":139369,"date":"2026-03-03T15:10:22","date_gmt":"2026-03-03T15:10:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=139369"},"modified":"2026-03-03T15:10:22","modified_gmt":"2026-03-03T15:10:22","slug":"trump-linked-american-bitcoin-abtc-expands-mining-fleet-bitcoin-production-capacity","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=139369","title":{"rendered":"Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-linked-american-bitcoin-abtc-2\">Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity<\/a><\/p>\n<div><\/div>\n<p>American Bitcoin Corp. has announced a major expansion of its Bitcoin mining operations, adding 11,298 new miners that will increase the company\u2019s total owned capacity by roughly 3.05 exahash per second (EH\/s).\u00a0<\/p>\n<p>This move raises the company\u2019s total mining fleet to approximately 28.1 EH\/s across 89,242 miners, with an average efficiency of 16 joules per terahash (J\/TH).<\/p>\n<p>The new machines, operating at ~13.5 J\/TH, are expected to be delivered and deployed at the Drumheller site in March 2026, the company <a href=\"https:\/\/www.prnewswire.com\/news-releases\/american-bitcoin-expands-mining-capacity-by-an-anticipated-12-in-ehs-with-11-298-additional-asics-302702109.html\" target=\"_blank\" rel=\"noopener\">said<\/a>. Once energized, the operational fleet will consist of 58,999 miners running at an estimated 25 EH\/s with an efficiency of ~14.1 J\/TH.<\/p>\n<p>American Bitcoin\u2019s strategy centers on acquiring Bitcoin at a cost below market prices while deploying high-efficiency hardware to maintain a structural advantage.\u00a0<\/p>\n<p>The company ended last year with 5,401 bitcoin and has since <a href=\"https:\/\/bitcoinmagazine.com\/news\/american-bitcoin-keeps-stacking-bitcoin\">increased<\/a> that figure to more than 6,000 BTC, according to a statement from co-founder Eric Trump.\u00a0<\/p>\n<p>By scaling operations with energy-optimized miners, the company said they want to maximize Bitcoin accumulation and strengthen its position as a long-term Bitcoin holder.<\/p>\n<p>Executives emphasized that fleet expansion is part of a broader goal to grow an American-owned and professionally operated hashrate, securing both the network and the company\u2019s accumulation objectives.<\/p>\n<p>\u201cEvery decision we make is oriented around maximizing Bitcoin accumulation,\u201d said Matt Prusak, President of American Bitcoin.<\/p>\n<p>\u201cAs Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate,\u201d said Eric Trump, Co-Founder and Chief Strategy Officer at American Bitcoin. \u201cThat\u2019s how we protect the network, drive innovation, and lead the future of Bitcoin in America.\u201d<\/p>\n<h2 class=\"wp-block-heading\">ABTC shares fighting for $1\u00a0<\/h2>\n<p>American Bitcoin\u2019s stock has been <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-family-backed-american-bitcoin\">going through volatility<\/a> since its September 2025 Nasdaq debut. Initially trading with strong momentum following the merger and listing, ABTC rallied on early accumulation and Bitcoin\u2011related optimism.\u00a0<\/p>\n<p>Over time, however, the price has slid sharply, with <a href=\"https:\/\/bitcoinmagazine.com\/markets\/american-bitcoin-stock-abtc-collapses-over-50-as-crypto-volatility-continues-slamming-trump-linked-ventures\">shares down<\/a> roughly 80\u201390\u202f% from highs as the market reevaluated crypto\u2011linked equities amid broader digital\u2011asset sell\u2011offs and quarterly losses.<\/p>\n<p>Performance swings have been tied closely to Bitcoin\u2019s price action and the company\u2019s own operational headlines. As Bitcoin pulled back from late\u20112025 highs, ABTC\u2019s stock faced increased selling pressure.\u00a0<\/p>\n<p>At the time of writing, ABTC shares are under $1 a share, near $0.987 a share. Bitcoin is trading near $67,000 after briefly <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-pumps-to-over-7000\">touching<\/a> $70,000 yesterday.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-linked-american-bitcoin-abtc-2\">Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity American Bitcoin Corp. has announced a major expansion of its Bitcoin mining operations, adding 11,298 new miners that will increase the company\u2019s total owned capacity by roughly 3.05 exahash per second (EH\/s).\u00a0 This move raises the company\u2019s total mining fleet to approximately 28.1 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":139370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-139369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139369"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139369"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/139370"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}