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Eric Trump’s cryptocurrency company has purchased 11,298 new bitcoin mining machines
American Bitcoin Corp, owned by Eric Trump, has announced the purchase of 11,298 new mining machines, which will increase its capacity by 3.05 exashes per second and bring its total hashrate to 28.1 EH/s. This comes as the company’s two largest competitors are selling bitcoin and refocusing their infrastructure on data centers for artificial intelligence.
The new ASIC devices have an efficiency of about 13.5 joules per terahash and will be installed during March 2026 at the facility in Drumheller, Canada. This will bring the average energy efficiency of the entire fleet to 16.0 J/TH. In total, the company will have 89,242 vehicles and more than 6,000 BTC on its balance sheet, which is in line with the accumulation strategy outlined by CEO Eric Trump.
The contrast with competitors is obvious. MARA Holdings abandoned the HODL policy and allowed itself to sell bitcoin, while Core Scientific announced a large-scale sale of assets to finance the transition to AI infrastructure. American Bitcoin Corp, on the other hand, is increasing its mining capacity and stockpiling cryptocurrency, positioning itself as the leader of the American hashrate.
With the current price of bitcoin at around $ 67,000 and the average cost of mining at $ 45,000−50,000 per coin, the company is betting that the mining economy will remain profitable or become even more attractive. This is also a rejection of the «AI pivot» chosen by competitors.
The balance of more than 6,000 BTC is estimated to be worth about $ 402 million. This accumulation strategy can only bring significant results if the price of bitcoin continues to rise, making the next 12−24 months crucial for the company’s success.
