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Eric Trump’s American Bitcoin buys 11,298 ASIC miners, increasing mining capacity by 12%

Trump family-backed American Bitcoin (ABTC) is doubling down on its income as many publicly traded Bitcoin miners shift their enterprise plans and funding to AI infrastructure. $BTC mining.

The corporate introduced on Tuesday the acquisition of 11,298 ASIC miners, rising its mining capability by roughly 12%.

Learn extra: The tip of Bitcoin “HODL”: Public miners go all-in on AI and ship out additional alerts $BTC sale

The miner is scheduled to be delivered and deployed on the Drumheller web site in Alberta, Canada, in March 2026.

Primarily based on present community knowledge, the added 3.05 EH/s would account for about 0.3% of the worldwide hash fee. This share may generate roughly 42 Bitcoins per thirty days, or roughly 515 Bitcoins per 12 months. At a Bitcoin value of almost $68,000, whole month-to-month income earlier than energy prices, charges, and problem adjustments is roughly $2.9 million, or roughly $35 million yearly.

“As Bitcoin matures, our precedence is obvious: develop our American-owned and professionally managed hashrate,” mentioned Eric Trump, co-founder and chief technique officer of American Bitcoin. “That’s how we safe the community, drive innovation, and lead the way forward for Bitcoin in America.”

ABTC inventory fell 2.6% to $0.99 in Tuesday buying and selling.

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