American Bitcoin (ABTC), a mining and treasury agency tied to the household of U.S. President Donald Trump introduced on Wednesday it had added practically 11,300 bitcoin mining rigs at its Drumheller web site. The information prompted its share value to rise by about 12% to $1.38.
The agency stated the miners have been absolutely deployed at its facility in Alberta, Canada, rising its fleet of ASICs (application-specific built-in circuits) to roughly 89,242. It additionally stated that the brand new bitcoin mining rigs contribute an incremental 3.05 exahash per second (EH/s) at an effectivity of 13.5 joules per terahash (J/TH) to its present operational fleet.
This excessive effectivity score (13.5 J/TH) is crucial as a result of it lowers the corporate’s electrical energy value per coin, permitting ABTC to stay worthwhile at the same time as rising community problem makes Bitcoin tougher to mine, the agency defined in its assertion. “Scaling hashrate is likely one of the methods we strengthen our place in Bitcoin,” the agency stated.
“Bringing these miners on-line at Drumheller displays precisely how we intend to steer: transferring rapidly, allocating capital with self-discipline, and rising our Bitcoin publicity effectively at institutional scale,” stated Eric Trump, co-founder and chief technique officer at American Bitcoin, in a press release.
The American Bitcoin assertion added that the brand new items at Drumheller characterize the operational completion of a fleet growth first introduced on March 3, 2026, an indication that the corporate has determined to double down on bitcoin mining operations at the same time as a number of different miners pivot capital and infrastructure to synthetic intelligence and AI knowledge facilities.
On March 18, American Bitcoin raised its $BTC holdings to six,899, changing into the Sixteenth-largest bitcoin holder, overtaking Mike Novogratz’s Galaxy Digital. By March 30, the Trump-backed agency raised its $BTC treasury to 7,000.
