ABTC Energizes More Than 11,000 New Bitcoin Mining Rigs
American Bitcoin has activated 11,298 new ASIC mining rigs at its Alberta facility, boosting its total fleet to 89,242 units.Summary
American Bitcoin (ABTC), a mining firm co-founded by the sons of Donald Trump, has successfully energized 11,298 new ASIC mining machines at its site in Drumheller, Canada. This expansion brings the company's total fleet to 89,242 units, delivering a collective computing power of approximately 28.1 exahashes per second. The announcement triggered an 11.7% increase in ABTC's stock price.
This operational milestone comes despite a difficult economic period for the company, which reported a $59.5 million loss in Q4 2025 due to a decline in Bitcoin's fair market value. Like other industry players, ABTC is navigating challenges such as the 2024 halving of block rewards and volatile cryptocurrency prices, with many public mining firms significantly increasing their BTC sales in early 2026.
(Source：Cointelegraph)