Trump-Linked US Bitcoin Adds 11,298 ASICs, Increases Hashrate

The new hardware is expected to add approximately 3.05 exahash per second (EH/s) of mining power when deployed at the company’s Drumheller site.

American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment.

The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations.

12% capacity expansion

ABTC said in a March 3 press release that the new miners will add 3.05 exahash per second (EH/s) to its owned capacity, with deployment of the machines planned for March 2026 at the Drumheller site in Alberta, Canada.

Each unit is expected to operate at an efficiency rate of approximately 13.5 joules per terahash (J/TH), compared to the company’s current fleet average of 16 J/TH.

“As Bitcoin matures, the priority is clear: to grow the American and professionally mined hashrate,” said co-founder Eric Trump. “This is how we protect the network, drive innovation, and lead the future of Bitcoin in America.”

Following this purchase, the fleet owned by American Bitcoin will increase by 12% to 89,242 miners, representing approximately 28.1 EH/s of total capacity owned. The managed fleet contains all miners owned by the company, including units that might not currently be operational.

Once the new equipment comes online, the operating fleet will include 58,999 miners providing approximately 25.0 EH/s with an average efficiency of approximately 14.1 J/TH. For comparison, the largest publicly traded BTC miners currently operate at around 50 EH/s.

Bitcoin Accumulation Strategy

Matt Prusak, president of ABTC, said the company makes every decision to maximize its accumulation of OG cryptocurrency. The mining company previously reported that it ended 2025 with 5,041 BTC on its balance sheet, which has since grown to over 6,000 BTC.

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He also explained that the company’s fleet strategy focuses on deploying high-efficiency equipment, optimizing energy costs and maintaining the flexibility to adapt operations in response to network and market conditions.

Following the recent deployment of high-efficiency machines, the company aims to produce BTC at a structurally advantageous cost and increase its total holdings per share through disciplined mining operations and capital allocation.

Meanwhile, the expansion comes as several state-owned mining companies redirect their capital and infrastructure toward AI workloads. Companies such as Core Scientific, Riot Platforms, Cipher Mining, and Bitdeer have repurposed some of their data center capacity to support this technology.

American Bitcoin itself reported a net loss of $59.45 million in the fourth quarter of 2025, compared to a profit of $3.48 million a year earlier.

For the quarter ended Dec. 31, the company’s revenue was $78.3 million, up from $64.2 million in the same period last year but slightly below the $79.6 million analysts expected.