American Bitcoin Increases Mining Capacity by 2.4 Times to Achieve 24 EH/s

American Bitcoin Expands Its Bitcoin Mining Operations

American Bitcoin Corp. (Nasdaq: ABTC), a leading Bitcoin accumulation platform, has announced a remarkable increase in its Bitcoin mining operations. The company has boosted its hashing power from approximately 10 exahash per second (EH/s) to an impressive 24 EH/s, marking a growth of 2.4 times. This significant expansion is geared towards establishing a robust Bitcoin infrastructure across the United States, emphasizing American Bitcoin's commitment to enhancing its position in the cryptocurrency market.

As of September 1, 2025, American Bitcoin has installed around 14 EH/s of capacity through 16,300 ASIC mining servers, reflecting the company's strategic approach to scale its operations efficiently. The new installations work with a fleet efficiency of about 16.4 joules per terahash (J/TH), enabling American Bitcoin to produce Bitcoin at a cost significantly lower than the market value. This is a critical factor in maintaining a structural advantage over traditional purchase-only treasury vehicles.

Asher Genoot, the Executive Chairman of American Bitcoin, highlighted the importance of the mining segment in the overall strategy of the company. He stated, "Mining is the foundation of our strategy because it allows us to produce Bitcoin at scale for much less than market prices. With this expansion, we are better positioned to accumulate Bitcoin efficiently."

The latest figures show that in Q2 2025, the company's cost of revenue per Bitcoin mined was roughly 50% of their revenue from Bitcoin sales. This low-cost production model, coupled with disciplined accumulation strategies, reinforces American Bitcoin's competitive edge and positions it for superior long-term growth in Bitcoin-per-share figures.

Advanced Mining Technology

American Bitcoin is leveraging next-generation ASIC compute infrastructure as a core part of its efficiency strategy. The newly purchased miners have been installed in the 205-megawatt Vega data center, specifically developed and operated by Hut 8 Corp., American Bitcoin's exclusive infrastructure partner. The data center is equipped with state-of-the-art ASIC technology featuring direct-to-chip liquid cooling, designed to maximize operational density and efficiency. Each rack can support up to 180 kilowatts, maximizing the potential yield of Bitcoin production per unit of power.

American Bitcoin's strategic plans encompass not only a dramatic increase in production capacity but also a focused intent to capitalize on economies of scale within the evolving cryptocurrency landscape. The rise in operational capacity is expected to enhance the company’s performance in an increasingly competitive market, especially as various financial mechanisms for obtaining Bitcoin continue to emerge.

Company Overview

American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., focuses on offering a structured approach to Bitcoin accumulation in the U.S. market. This business model blends large-scale mining operations with strategies for disciplined asset accumulation, distinguishing American Bitcoin in the crowded cryptocurrency space. Their goal is clear: to deliver institutional-grade exposure to Bitcoin with an innovative operational framework.

For broader updates, stakeholders can keep an eye on the company’s website at abtc.com and its social media presence on X, formerly known as Twitter, where they offer real-time updates and insights about their operations and developments.

Though the road ahead holds potential challenges as the market evolves and competitive pressures mount, American Bitcoin is poised to continue its significant trajectory upward, reinforcing its presence in the global Bitcoin mining industry.