American Bitcoin Deploys 11,298 Miners in Alberta Expansion

American Bitcoin Corp. announced on April 22, 2026, the completion of a significant expansion at its mining facility in Drumheller, Alberta, deploying 11,298 new ASIC miners that boosted the company's stock price by approximately 12 percent to 1.38. The move added 3.05 exahashes per second of computing capacity, bringing the firm's total owned fleet to 89,242 machines capable of 28.1 exahashes per second overall.

The deployment enhances operational efficiency, with the new miners operating at 13.5 joules per terahash, a level the company stated would reduce electricity costs per Bitcoin mined and support profitability despite increasing network difficulty. Across its active units, nearly 59,000 machines now contribute about 25 exahashes per second at an average efficiency of 14.1 joules per terahash. This expansion concludes a fleet buildout initially revealed in March 2026, positioning American Bitcoin as a focused player in Bitcoin mining amid industry shifts.

Eric Trump, the company's cofounder and chief strategy officer, described the initiative in a statement: "Scaling hashrate is one of the ways we strengthen our position in Bitcoin. Bringing these miners online at...