American Bitcoin Buys 11,298 Miners, Lifting Owned Capacity to ~28.1 EH/s
The move underscores a push to accumulate Bitcoin below spot following a Q4 loss.
Overview
- The purchase adds an estimated ~3.05 EH/s at ~13.5 J/TH, expanding the owned fleet to 89,242 miners with average efficiency of ~16.0 J/TH.
- Delivery and deployment of the new rigs are expected in March 2026 at the company's Drumheller, Alberta site.
- Once energized, the operational fleet is projected to reach 58,999 miners at roughly 25.0 EH/s with efficiency near ~14.1 J/TH.
- The company reported mining at a 53% discount to spot in Q4 2025 but posted a $59.45 million quarterly loss under accounting impacts previously disclosed.
- ABTC shares traded below $1 on Tuesday, down about 5–6%, as the company reports holdings of roughly 6,000 BTC.