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- American Bitcoin has mined 766 BTC in 2026, growing its treasury to over 6,100 BTC worth $433M.
- The firm purchased 11,298 new ASIC miners, boosting capacity toward 28.1 EH/s.
- Instead of selling BTC, the company is accumulating and holding mined Bitcoin for long-term value.
American Bitcoin, a mining company backed by the Trump family and co-founded by Eric Trump, is rapidly expanding its position in the digital asset sector. The company has mined 766 Bitcoin so far in 2026, worth roughly $54 million at current market prices.
According to blockchain analytics firm Arkham Intelligence, the firm now holds more than 6,100 BTC in its treasury—valued at over $433 million. Rather than selling newly mined coins, the company has adopted a long-term accumulation strategy, transferring mined Bitcoin directly into secure company wallets.
The approach signals a growing trend among large miners that prefer to hold Bitcoin as a strategic asset rather than immediately converting it into cash.
A Strategy Focused on Bitcoin Accumulation
On-chain data shows the company consistently moving around 9 BTC per day into treasury wallets, with occasional larger transfers such as a recent 36.835 BTC transaction.
Matt Prusak, president of American Bitcoin, said the company’s decision-making revolves around expanding its holdings. The firm views mined Bitcoin as a long-term asset and believes accumulating it at a lower production cost could generate stronger returns if prices rise in the future.
This disciplined treasury strategy sets the company apart from many mining operations that regularly sell their BTC to cover operational costs.
Mining Capacity Set for Major Expansion
American Bitcoin is also investing heavily in infrastructure. The company recently purchased 11,298 additional ASIC mining machines to increase its computational capacity.
These machines will be deployed at the firm’s Drumheller facility in March 2026, adding roughly 3.05 exahash per second (EH/s) of computing power. Once installed, the company’s total fleet will grow to 89,242 miners capable of producing about 28.1 EH/s, with an average efficiency of 16 joules per terahash.
Eric Trump said the goal is to strengthen American-operated mining infrastructure as the Bitcoin network continues to mature. Expanding domestic hashrate, he argued, helps support network security while driving technological innovation.
Revenue Growth Despite Market Losses
Financially, the company has reported strong revenue growth but continues to face accounting losses tied to Bitcoin’s price volatility.
American Bitcoin generated $185.2 million in revenue during its first year as a standalone public company. In the fourth quarter alone, revenue reached $78.3 million—up 22% compared with the previous quarter.
However, declining Bitcoin prices resulted in a $59 million loss during the quarter and a total annual net loss of $153.2 million.
Also Read: Trump Demands Action on CLARITY Act: Will U.S. Lose Crypto Leadership?
American Bitcoin is doubling down on a strategy that combines aggressive mining expansion with long-term Bitcoin accumulation. By increasing its mining capacity and holding the assets it produces, the Trump-backed firm is betting that future Bitcoin price appreciation will outweigh short-term volatility.
As competition among large-scale mining companies intensifies, the ability to mine efficiently and build substantial BTC reserves could become a defining advantage in the evolving crypto industry.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
