Trump Brothers' American Bitcoin Boosts Mining Capacity Following Q4 Loss

Summary

American Bitcoin, a publicly traded mining firm co-founded by Eric Trump and Donald Trump Jr., is increasing its mining capacity by approximately 12% through the purchase of 11,298 new Bitcoin mining rigs. This expansion will add about 3.05 exahash per second (EH/s) to the company’s operations at an efficiency of 13.5 joules per terahash (J/TH). The total fleet will reach 89,242 miners and 28.1 EH/s with an average efficiency of 16.0 J/TH. The new rigs are set to be deployed this month at the company’s site in Drumheller, Alberta. American Bitcoin emphasizes maximizing Bitcoin accumulation and maintaining American leadership in the mining sector. In Q4 2025, the firm mined Bitcoin at a 53% discount to spot prices, though it reported a $59.45 million quarterly loss and holds 6,039 BTC valued around $402 million. The company’s stock (ABTC) recently dropped nearly 6% to below $0.96 and is down 29% over the past month, impacted by broader market uncertainty linked to geopolitical tensions.