As many publicly traded Bitcoin miners shift their business plans and capital to AI infrastructure, the Trump family-backed American Bitcoin (ABTC) is doubling down on its investment in BTC mining.
The company announced the purchase of 11,298 ASIC miners on Tuesday, a move it said will increase its mining capacity by around 12%.
Read more: End of bitcoin ‘HODL’: Public miners go all-in on AI, reporting more BTC sales
The miners are expected to be delivered and deployed in 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. This share could produce around 42 bitcoins per month, or around 515 bitcoins per year. At a Bitcoin price near $68,000, this equates to approximately $2.9 million in monthly gross revenue and approximately $35 million per year, before changes in electricity costs, fees, and hardships.
“As Bitcoin matures, the priority is clear: develop a professionally managed, American hashrate,” said Eric Trump, co-founder and chief strategy officer at American Bitcoin. “This is how we protect the network, drive innovation, and lead the future of Bitcoin in America.”
ABTC shares are down 2.6% at $0.99 in Tuesday trading.
