American Bitcoin Acquires Massive Bitcoin Mining Capacity with $314 Million Antminer Purchase

American Bitcoin Corp., a company linked to the Trump family, has purchased 16,299 Antminer mining units from Bitmain for $314 million. This acquisition significantly boosts American Bitcoin’s hash rate by 14.02 EH/s, bolstering its position within the US Bitcoin mining landscape. The purchase signals a major investment in Bitcoin infrastructure amid ongoing trade tensions with China.