American Bitcoin (ABTC) is gearing up to enhance its Bitcoin mining operations with the acquisition of 11,298 new ASIC mining units. This strategic move is set to boost the company’s overall mining capacity by 12%, signaling their commitment to accumulating Bitcoin through increased production.
In a recent press release, ABTC announced that the new miners would contribute an additional 3.05 exahash per second (EH/s) to the company’s existing capabilities. The deployment of these machines is planned for March 2026 at the Drumheller site in Alberta, Canada. Each unit is engineered to operate with an efficiency of approximately 13.5 joules per terahash (J/TH), an improvement over the current fleet’s average efficiency of 16 J/TH.
Co-founder Eric Trump emphasized the importance of expanding American ownership and operation within the Bitcoin mining sector, stating, “As Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate. That’s how we protect the network, drive innovation, and lead the future of Bitcoin in America.”
Following this acquisition, ABTC’s miner fleet will grow to a total of 89,242 units, equating to around 28.1 EH/s of owned capacity. The managed fleet includes all miners owned by the company, regardless of their operational status. Once the new equipment becomes operational, the active fleet will consist of 58,999 miners, generating approximately 25.0 EH/s with an enhanced average efficiency of around 14.1 J/TH. For context, some of the largest publicly listed Bitcoin miners currently operate at approximately 50 EH/s.
In line with its Bitcoin accumulation strategy, ABTC President Matt Prusak indicated that maximizing the company’s holdings of Bitcoin remains a top priority. The firm previously reported possessing 5,041 BTC by the end of 2025, a figure that has since risen to over 6,000 BTC. Prusak elaborated that the company’s fleet strategy is centered around deploying high-efficiency hardware, optimizing energy costs, and allowing flexibility to scale operations based on network and market dynamics.
This expansion occurs amid a trend where several public mining entities are reallocating resources towards artificial intelligence applications. Companies such as Core Scientific, Riot Platforms, Cipher Mining, and Bitdeer have begun to repurpose sections of their data centers to accommodate AI technologies.
Despite the ambitious expansion, American Bitcoin reported a net loss of $59.45 million in the fourth quarter of 2025, a significant decline from a profit of $3.48 million a year prior. For the three-month period ending December 31, the company’s revenue rose to $78.3 million from $64.2 million in the same timeframe last year, although it fell slightly short of analysts’ expectations of $79.6 million.
