Tuesday, March 3, 2026
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Blockchain

Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity

by DigestWire member
March 3, 2026
in Blockchain, Crypto Market, Cryptocurrency
0
Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Magazine

Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity

American Bitcoin Corp. has announced a major expansion of its Bitcoin mining operations, adding 11,298 new miners that will increase the company’s total owned capacity by roughly 3.05 exahash per second (EH/s). 

This move raises the company’s total mining fleet to approximately 28.1 EH/s across 89,242 miners, with an average efficiency of 16 joules per terahash (J/TH).

The new machines, operating at ~13.5 J/TH, are expected to be delivered and deployed at the Drumheller site in March 2026, the company said. Once energized, the operational fleet will consist of 58,999 miners running at an estimated 25 EH/s with an efficiency of ~14.1 J/TH.

American Bitcoin’s strategy centers on acquiring Bitcoin at a cost below market prices while deploying high-efficiency hardware to maintain a structural advantage. 

The company ended last year with 5,401 bitcoin and has since increased that figure to more than 6,000 BTC, according to a statement from co-founder Eric Trump. 

By scaling operations with energy-optimized miners, the company said they want to maximize Bitcoin accumulation and strengthen its position as a long-term Bitcoin holder.

Executives emphasized that fleet expansion is part of a broader goal to grow an American-owned and professionally operated hashrate, securing both the network and the company’s accumulation objectives.

“Every decision we make is oriented around maximizing Bitcoin accumulation,” said Matt Prusak, President of American Bitcoin.

“As Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate,” said Eric Trump, Co-Founder and Chief Strategy Officer at American Bitcoin. “That’s how we protect the network, drive innovation, and lead the future of Bitcoin in America.”

ABTC shares fighting for $1 

American Bitcoin’s stock has been going through volatility since its September 2025 Nasdaq debut. Initially trading with strong momentum following the merger and listing, ABTC rallied on early accumulation and Bitcoin‑related optimism. 

Over time, however, the price has slid sharply, with shares down roughly 80–90 % from highs as the market reevaluated crypto‑linked equities amid broader digital‑asset sell‑offs and quarterly losses.

Performance swings have been tied closely to Bitcoin’s price action and the company’s own operational headlines. As Bitcoin pulled back from late‑2025 highs, ABTC’s stock faced increased selling pressure. 

At the time of writing, ABTC shares are under $1 a share, near $0.987 a share. Bitcoin is trading near $67,000 after briefly touching $70,000 yesterday.

This post Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Read Entire Article
Tags: BitcoinmagazineBlockchainCoin Surges
Share30Tweet19
Next Post
Ethereum Reaching End Game? Founder Vitalik Buterin Shares New Development

Ethereum Reaching End Game? Founder Vitalik Buterin Shares New Development

Bitcoin dives 3% on global asset rout as $5K gold 'smashed' on oil fears

Solana Price Coils at $84: Is Solana Price Ready to Breakout?

Solana Price Coils at $84: Is Solana Price Ready to Breakout?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity

Fabrizio Romano criticised for video promoting Saudi Arabia’s humanitarian projects

Howe admits Newcastle in ‘abnormal’ phase ahead of Manchester United meeting

T20 World Cup: South Africa vs New Zealand – Preview, how to watch, team news and prediction

Curran backs England to play the ‘perfect game’ and ‘silence’ Wankhede crowd

Renuka ruled out of Australia Test, Kashvee called up as replacement

Trending

Solana Price Coils at $84: Is Solana Price Ready to Breakout?
Blockchain

Solana Price Coils at $84: Is Solana Price Ready to Breakout?

by DigestWire member
March 3, 2026
0

The post Solana Price Coils at $84: Is Solana Price Ready to Breakout appeared first on Coinpedia...

Bitcoin dives 3% on global asset rout as $5K gold ‘smashed’ on oil fears

March 3, 2026
Ethereum Reaching End Game? Founder Vitalik Buterin Shares New Development

Ethereum Reaching End Game? Founder Vitalik Buterin Shares New Development

March 3, 2026
Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity

Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet, Bitcoin Production Capacity

March 3, 2026
Fabrizio Romano criticised for video promoting Saudi Arabia’s humanitarian projects

Fabrizio Romano criticised for video promoting Saudi Arabia’s humanitarian projects

March 3, 2026
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • Solana Price Coils at $84: Is Solana Price Ready to Breakout? March 3, 2026
  • Bitcoin dives 3% on global asset rout as $5K gold ‘smashed’ on oil fears March 3, 2026
  • Ethereum Reaching End Game? Founder Vitalik Buterin Shares New Development March 3, 2026

Categories

  • Blockchain
  • Blog
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Founders
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.