As many publicly traded bitcoin miners shift their business plans and capital to AI infrastructure, Trump family-backed American Bitcoin (ABTC) is doubling down on BTC mining.
The company announced on Tuesday the purchase of 11,298 ASIC miners, a move it said will increase its mining capacity by approximately 12%.
Read more: End of bitcoin ‘HODL’: public miners bet on AI, indicating more BTC sales
Delivery and deployment of the miners is planned for March 2026 at its Drumheller site, located in Alberta, Canada.
Based on current network data, the added 3.05 EH/s would represent approximately 0.3% of the global hashrate. That ratio could produce about 42 bitcoins per month, or about 515 bitcoins 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 changes.
“As Bitcoin matures, the priority is clear: grow an American-owned, professionally operated hashrate,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin. “This is how we secure the network, drive innovation, and lead the future of bitcoin in the United States.”
ABTC shares fell 2.6% to $0.99 in Tuesday trading.
