American Bitcoin (ABTC), a mining and treasury firm linked to US President Donald Trump’s household, introduced on Wednesday that it had added practically 11,300 bitcoin mining rigs to its Drumheller web site. The information despatched its share worth up about 12% to $1.38.
The corporate mentioned miners had been totally deployed at its services in Alberta, Canada, growing its fleet of ASICs (software particular built-in circuits) to roughly 89,242. It additionally mentioned that the brand new bitcoin mining rigs carry a rise of three.05 exahash per second (EH/s) with an effectivity of 13.5 joules per terahash (J/TH) to its present operational fleet.
This excessive effectivity score (13.5 J/TH) is important as a result of it reduces the corporate’s electrical energy value per coin, permitting ABTC to stay worthwhile whilst growing community issue makes Bitcoin harder to mine, the corporate defined in its assertion. “Rising the hash price is among the methods we strengthen our place in Bitcoin,” the corporate mentioned.
“Placing these miners on-line at Drumheller displays precisely how we intend to steer: transfer rapidly, allocate capital with self-discipline, and develop our publicity to Bitcoin effectively on an institutional scale,” mentioned Eric Trump, co-founder and chief technique officer of American Bitcoin, in a press release.
American Bitcoin’s assertion added that the brand new models at Drumheller symbolize the operational completion of a fleet enlargement first introduced on March 3, 2026, an indication that the corporate has determined to double down on its bitcoin mining operations, whilst a number of different miners shift capital and infrastructure to AI and AI information facilities.
On March 18, US Bitcoin raised its $BTC holdings to six,899, turning into the sixteenth largest holder of bitcoins, surpassing Mike Novogratz’s Galaxy Digital. On March 30, the Trump-backed agency elevated its $BTC treasury at 7,000.
