{"id":50879,"date":"2026-03-03T10:10:22","date_gmt":"2026-03-03T15:10:22","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=50879"},"modified":"2026-03-03T10:10:27","modified_gmt":"2026-03-03T15:10:27","slug":"trump-linked-american-bitcoin-abtc-2","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/trump-linked-american-bitcoin-abtc-2","title":{"rendered":"Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity"},"content":{"rendered":"
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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). <\/p>\n\n\n\n

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\n\n\n

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 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\n\n\n

American Bitcoin\u2019s strategy centers on acquiring Bitcoin at a cost below market prices while deploying high-efficiency hardware to maintain a structural advantage. <\/p>\n\n\n\n

The company ended last year with 5,401 bitcoin and has since increased<\/a> that figure to more than 6,000 BTC, according to a statement from co-founder Eric Trump. <\/p>\n\n\n\n

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\n\n\n

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\n\n\n

\u201cEvery decision we make is oriented around maximizing Bitcoin accumulation,\u201d said Matt Prusak, President of American Bitcoin.<\/p>\n\n\n\n

“As Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate,” said Eric Trump, Co-Founder and Chief Strategy Officer at American Bitcoin. “That’s how we protect the network, drive innovation, and lead the future of Bitcoin in America.”<\/p>\n\n\n\n

ABTC shares fighting for $1\u00a0<\/h2>\n\n\n\n

American Bitcoin\u2019s stock has been 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. <\/p>\n\n\n\n

Over time, however, the price has slid sharply, with 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\n\n\n

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. <\/p>\n\n\n\n

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 touching<\/a> $70,000 yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"

American Bitcoin (ABTC) is expanding its Bitcoin mining fleet with over 11,000 new high-efficiency miners.<\/p>\n","protected":false},"author":3817,"featured_media":50880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[5845,564,4279,739],"class_list":{"0":"post-50879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-america-bitcoin","9":"tag-bitcoin-miner","10":"tag-eric-trump","11":"tag-viabtc"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/03\/Trump-Linked-American-Bitcoin-ABTC-Expands-Mining-Fleet-Bitcoin-Production-Capacity.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/50879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=50879"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/50879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/50880"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=50879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=50879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=50879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}