American Bitcoin (ABTC) is expanding its mining capacity by purchasing 11,298 new ASIC miners. The company stated the acquisition will increase its total owned hashrate by 12%, adding 3.05 exahash per second. The new hardware, scheduled for deployment in March 2026 at a site in Alberta, Canada, operates at approximately 13.5 joules per terahash. This strategic expansion supports ABTC’s focus on accumulating Bitcoin through its mining operations.
American Bitcoin has announced a significant expansion of its mining operations. The company will acquire 11,298 new ASIC machines, a move it claimed will increase its total owned capacity by an anticipated 12%.
According to a press release, the miners are expected to add 3.05 exahash per second of mining power when deployed. This deployment is scheduled for March 2026 at the company’s Drumheller site in Alberta, Canada.
The new units are projected to operate at an efficiency of roughly 13.5 joules per terahash. This compares to the company’s current fleet average of 16 J/TH.
Co-founder Eric Trump commented on the strategy, stating, “As Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate.” Following the purchase, American Bitcoin’s owned fleet will expand to 89,242 miners, representing about 28.1 EH/s of total owned capacity.
Once online, the working fleet will comprise 58,999 miners delivering around 25.0 EH/s. The company’s stated strategy focuses on deploying high-efficiency hardware to maximize Bitcoin accumulation.
President Matt Prusak explained that every decision aims to maximize accumulation of the cryptocurrency. The company previously reported ending 2025 with 5,041 BTC on its balance sheet, which has since grown to more than 6,000.
The company also reported financial results for the fourth quarter of 2025. It posted a net loss of $59.45 million for that period, compared to a $3.48 million profit a year earlier.
For the quarter ending December 31, revenue was $78.3 million. This was up from $64.2 million during the same period in the prior year.
