New York, March 3, 2026 – Trump family-backed American Bitcoin announced Tuesday it has expanded its fleet of Bitcoin (BTC) mining machines, increasing its computing capacity as competition among large-scale miners intensifies.

The company acquired 11,298 new ASIC miners, expected to add roughly 3.05 exahashes per second (EH/s) once deployed at its Drumheller, Alberta site this month. This expansion brings its total fleet to 89,242 miners, representing approximately 28.1 EH/s of owned capacity.

The machines, rated at 13.5 joules per terahash, highlight efficiency in a sector where electricity costs are a primary expense. The increase in computing power slightly boosts American Bitcoin’s share of the global network’s total hashrate, improving its probability of earning block rewards. However, mining profitability remains dependent on Bitcoin prices, network difficulty—currently at 144.40 T—and energy costs.

Beyond mining, American Bitcoin has accumulated over 6,000 BTC on its balance sheet, reflecting a Bitcoin-heavy treasury strategy. While holding reserves can amplify gains during price rallies and strengthen the balance sheet, it also increases exposure to price volatility.

The strategy was tested in Q4 2025, when American Bitcoin reported a net loss of $59 million, driven largely by a $227 million non-cash mark-to-market adjustment due to Bitcoin’s price decline. These adjustments affect reported earnings but do not reflect realized losses.

Shares of American Bitcoin were largely unchanged after the announcement but trended lower during Tuesday’s session, mirroring weakness across broader equity markets.