GeriAmerican Bitcoin Energizes 11,298 ASICs at Canadian Site, Shares Surge 11.7%

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Cointelegraph22.04.2026Business

American Bitcoin Energizes 11,298 ASICs at Canadian Site, Shares Surge 11.7%

Company posts $59.5M Q4 loss amid challenging environment for Bitcoin miners

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Hızlı Bakış

American Bitcoin (ABTC), co-founded by Donald Trump's sons, completed energization of 11,298 ASICs at its Drumheller site in Alberta, Canada.
The company now owns 89,242 ASICs generating 28.1 EH/s.
Shares surged 11.7% to $1.38 despite posting a $59.5M Q4 2025 loss, attributed to a $227.1M decline in BTC holdings value.

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American Bitcoin (ABTC), co-founded by Donald Trump's sons, completed energization of 11,298 ASICs at its Drumheller site in Alberta, Canada. The company now owns 89,242 ASICs generating 28.1 EH/s. Shares surged 11.7% to $1.38 despite posting a $59.5M Q4 2025 loss, attributed to a $227.1M decline in BTC holdings value.

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