American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment.
The acquisition is expected to increase the company’s total production capacity by 12% and support its accumulation strategy. $BTC Through mining operations.
12% capacity expansion
ABTC said in a March 3 press release that the new miner will add 3.05 exahash per second (EH/s) to its capacity and the machine is expected to be installed at its Drumheller site in Alberta, Canada, in March 2026.
Each unit is expected to operate at an efficiency of approximately 13.5 joules per terahash (J/TH), compared to the company’s current fleet average of 16 J/TH.
“As Bitcoin matures, our priority is clear: grow a US-owned and professionally managed hashrate,” said co-founder Eric Trump. “That’s how we secure the network, drive innovation, and lead the future of Bitcoin in America.”
After this purchase, American Bitcoin’s owned fleet increased by 12% to 89,242 miners, representing approximately 28.1 EH/s of total owned capacity. The managed fleet includes all miners owned by the company, including units that are not currently in operation.
Once the new equipment comes online, the working fleet will consist of 58,999 miners, delivering approximately 25.0 EH/s and an average efficiency of approximately 14.1 J/TH. For comparison, the largest listed $BTC Currently, the miner is running at around 50 EH/s.
Bitcoin accumulation strategy
ABTC President Matt Prusak said the company is making every decision to maximize the accumulation of OG cryptocurrencies. The mining company previously reported that it ended 2025 with 5,041 employees. $BTC Number of employees on balance sheet increases to over 6,000 $BTC.
You may also like:
- US attack on Iran heightens debate over Bitcoin hash rate and market stability
- Zero Bitcoin: Why this miner is selling everything it produces
- Bitcoin miner withdraws 36,000 $BTC As bullish signals strengthen
He also explained that the company’s fleet strategy is focused on deploying highly efficient hardware, optimizing energy costs, and maintaining flexibility to scale operations based on network and market conditions.
Following the recent introduction of high-efficiency machinery, the company has $BTC We grow on a structurally favorable cost base and expand our total ownership per share through disciplined mining operations and capital allocation.
Meanwhile, this expansion will come as several public miners direct capital and infrastructure toward AI workloads. Companies like Core Scientific, Riot Platforms, Cipher Mining, and Bitdeer are repurposing some of their data center capacity to support their technology.
American Bitcoin itself reported a net loss of $59.45 million in the fourth quarter of 2025, compared to a profit of $3.48 million in the same period last year.
The company’s revenue for the three months ended Dec. 31 was $78.3 million, up from $64.2 million in the year-ago period but slightly below analysts’ expectations of $79.6 million.