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    Home»Bitcoin»Eric Trump’s American Bitcoin Targets 28.1 EH/s With New ASIC Purchase – Bitbo
    Eric Trump’s American Bitcoin Targets 28.1 EH/s With New ASIC Purchase – Bitbo
    Bitcoin

    Eric Trump’s American Bitcoin Targets 28.1 EH/s With New ASIC Purchase – Bitbo

    By Crypto EditorMarch 3, 2026No Comments2 Mins Read
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    Eric Trump’s American Bitcoin Targets 28.1 EH/s With New ASIC Purchase – Bitbo

    American Bitcoin stated it has bought 11,298 extra ASIC miners, a transfer it expects will increase owned mining capability by about 12% to roughly 28.1 EH/s.

    The corporate stated the brand new batch provides round 3.05 EH/s of capability at about 13.5 J/TH.

    Fleet growth particulars

    American Bitcoin stated the acquisition will carry its whole owned fleet to about 89,242 machines.

    It put common owned-fleet effectivity at roughly 16 J/TH.

    The miners are slated for supply and deployment in March 2026 on the firm’s Drumheller website in Alberta.

    Upon energization, American Bitcoin stated its operational fleet would whole 58,999 miners operating at about 25 EH/s with effectivity round 14.1 J/TH.

    The corporate defines its “owned fleet” as all miners and mixture hashrate it owns, together with models not but operational.

    Eric Trump on scaling hashrate

    Eric Trump, the agency’s co-founder and chief technique officer, stated in an announcement:

    “As Bitcoin matures, the precedence is evident: develop American-owned, professionally operated hashrate.”

    Mining for accumulation

    American Bitcoin stated the growth helps its method of accumulating bitcoin at a price beneath spot costs.

    It reported mining at a 53% low cost to identify within the fourth quarter of 2025, with a 53% gross margin.

    President Matt Prusak stated:

    “Each determination we make is oriented round maximizing bitcoin accumulation.”

    Financials and holdings

    For 2025, American Bitcoin reported $185.2 million in income and a web lack of $153.2 million.

    The corporate attributed the loss primarily to a $227.1 million non-cash mark-to-market loss on its bitcoin holdings beneath honest worth accounting.

    It ended 2025 with 5,401 BTC and stated holdings have since grown to greater than 6,000 BTC.

    The corporate is a majority-owned subsidiary of Hut 8.

    It additionally stated it stays targeted on high-efficiency {hardware}, energy-cost optimization, and suppleness to scale with market and community situations.

    American Bitcoin shares have been down 2.8% in pre-market buying and selling Tuesday and 41.7% year-to-date.



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