American Bitcoin Corp. Achieves Significant Expansion in Mining Capacity with New ASIC Installations

American Bitcoin Corp. Expands Its Mining Fleet

In a significant move to bolster its operations, American Bitcoin Corp. has announced the completion of energizing approximately 11,298 new ASIC miners at its Drumheller site. With this addition, the company's operational capabilities are enhanced by roughly 3.05 exahash per second (EH/s), cementing its status as a key player in the Bitcoin mining industry.

The newly activated miners were acquired earlier this year and are now fully contributing to American Bitcoin's operational goals with impressive efficiency metrics. Currently, the firm operates a fleet totaling around 89,242 miners, achieving an aggregate hash rate of approximately 28.1 EH/s and an average operational efficiency of 16.0 joules per terahash (J/TH).

Strategic Growth Through Efficient Mining

Eric Trump, Co-Founder and Chief Strategy Officer at American Bitcoin, emphasized the importance of scaling operations in enhancing the company's competitive edge in the Bitcoin ecosystem. “Scaling hashrate is one of the ways we strengthen our position in Bitcoin,” he remarked. The execution of this strategy not only enhances Bitcoin accumulation but also decreases costs, thereby benefiting shareholders.

Matt Prusak, President of the corporation, reiterated this sentiment by stating, “This deployment reflects our operating model in practice, turning execution and efficiency gains into lower-cost Bitcoin accumulation for shareholders.” The focus remains on accumulating Bitcoin at prices below the market spot rate.

Enhancing Operational Efficiency

This energization of new miners marks the operational completion of a fleet expansion first announced on March 3rd, 2026. By integrating high-efficiency miners into their operational fleet, American Bitcoin is actively executing its core business model, which centers around disciplined mining operations, optimized energy costs, and strategic hardware deployment.

The integration of these additional miners results in a total operational fleet comprising approximately 58,999 miners, contributing an aggregate hash rate of about 25.0 EH/s at an average efficiency of 14.1 J/TH. This substantial increase in capacity aligns with the company's mission to continually grow its Bitcoin holdings per share, a key metric for investors.

About American Bitcoin Corp.

American Bitcoin Corp. operates under the parent company Hut 8 Corp. and serves as a dedicated Bitcoin accumulation platform, focused on building robust Bitcoin infrastructure in the United States. Through an innovative business model that merges large-scale self-mining operations with disciplined accumulation strategies, American Bitcoin provides institutional-grade exposure to Bitcoin.

To keep investors informed, the company outlines forthcoming financial information and performance metrics about its Bitcoin holdings on its official website and social media channels. Regular updates regarding operational outcomes, investor presentations, and other corporate communications can be found by visiting abtc.com/investors.

Forward Looking Statements

The company warns that this press release may contain forward-looking statements under the Private Securities Litigation Reform Act. These statements reflect management's expectations and projections regarding future events, acknowledging various risks and uncertainties that could lead to actual results differing significantly from those projected. Stakeholders are encouraged to consider these factors when assessing potential investment outcomes.

In conclusion, American Bitcoin Corp.'s latest operational achievement not only enhances its capacity but also reinforces its strategic positioning in the competitive landscape of Bitcoin mining. As the company continues to expand, it remains committed to its focus on efficiency and disciplined investment practices, setting the stage for further growth in the dynamic cryptocurrency market.