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

The move stands in stark contrast to the company's peers, many of whom are moving away from or totally abandoning the business of bitcoin mining. What to know : American Bitcoin (ABTC), backed by the Trump family, is expanding its bitcoin mining operations even as many public miners pivot capital and infrastructure toward AI. The company is buying 11,298 ASIC miners for deployment in March 2026 at its Drumheller, Alberta site, a move expected to boost its capacity by about 12% and add 3.05 EH/s, or roughly 0.3% of global hashrate.(Coindesk)