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Trump Family-Linked Mining Company American Bitcoin Invests Approximately $314 Million to Purchase 16,299 Antminer Mining Machines

Summary: According to Cointelegraph, this month, the Trump family-linked mining company American Bitcoin Corp. purchased 16,299 Antminer mining machines U3S21EXPH from Bitmain for a total price of approximately $314 million, with a total hash rate of 14.02 EH/s. In response to tariff pressures, Bitmain announced plans to open its first ASIC production factory in the United ...

According to Cointelegraph, this month, the Trump family-linked mining company American Bitcoin Corp. purchased 16,299 Antminer mining machines U3S21EXPH from Bitmain for a total price of approximately $314 million, with a total hash rate of 14.02 EH/s. In response to tariff pressures, Bitmain announced plans to open its first ASIC production factory in the United States by the end of the year, and is also considering establishing headquarters in Florida or Texas.

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