Trump-linked American Bitcoin's shares rise by over 12% after deploying nearly 11,300 more rigs

Trump-linked American Bitcoin's shares rise by over 12% after deploying nearly 11,300 more rigs

The bitcoin mining and treasury company deployed the new rigs recently purchased in its Alberta, Canada site. The price of its shares rose to nearly $1.40.

Eric Trump's American Bitcoin adds 11,298 ASIC miners - ABTC stock surges 8%

With the recent addition of ASIC, the fleet owned by Eric Trump's Bitcoin mining company now has 89,242 miners operating at about 28.1 EH/s.

American Bitcoin (ABTC) Stock Jumps 12% Following Major Mining Rig Deployment

Key Highlights American Bitcoin (ABTC) shares climbed approximately 12% to $1.38 following the activation of 11,298 ASIC mining units at its Drumheller facility in Alberta. This deployment increases ABTC’s mining infrastructure to roughly 89,242 ASICs, contributing an additional 3.05 EH/s at 13.5 J/TH operational efficiency. The company’s aggregate hashrate has reached 28.1 EH/s, maintaining a fleet-wide average efficiency rating of 16 J/TH. Du…

ABTC Stock Jumps 13% as American Bitcoin Expands Mining

Key Insights American Bitcoin Corp. expanded its fleet by 11,298 ASIC miners, increasing total capacity to 89,242 units. Hash rate rose to 28.1 EH/s, marking a 12% expansion in mining capability. ABTC stock price climbed over 13% in 24 hours following the announcement. ABTC rose sharply on April 22, 2026, after American Bitcoin Corp. announced a major expansion of its mining operations. The company, co-founded by Eric Trump and Donald Trump Jr.…

American Bitcoin Stock Jumps 12% on Miner Expansion

Shares of American Bitcoin, the Trump family-linked mining company, surged approximately 12% on April 22 after the firm announced it had completed the deployment of 11,298 new ASIC miners at its Drumheller, Alberta site, expanding its active fleet to roughly…

American Bitcoin Expands Mining Capacity with 11K+ New ASICs at Drumheller Site

This Wednesday, American Bitcoin, the mining and treasury firm co-founded by Eric Trump, announced that they will increase their total hashrate by more than 12%. The company confirmed the deployment of approximately 11,298 miners at its Drumheller plant, completing a strategic expansion phase that raises its operating capacity to 28.1 exahashes per second (EH/s). This corporate action coincides with a market rally: the company’s shares (AABTC) r…