11,298 ASIC miners were purchased for Bitcoin production in Canada.
Once again, an American success story, and once again from another Trump. How many of you are there, Trumps, a legion? The mining company of Trump's son has entered the top of the largest Bitcoin holders.
American Bitcoin, co-founded by Eric Trump, has reached 16th place among public companies in terms of accumulated Bitcoins.
Currently, it holds 6,899 BTC (according to BitcoinTreasuries). This has allowed it to surpass Galaxy Digital of Mike Novogratz, which has 6,894 BTC.
Notably, just two weeks ago, the company's reserves were around 6,500 BTC. This means that in a short period, American Bitcoin increased its holdings by approximately 399 Bitcoins. With the current price of around $70,000 per BTC, the total value of its crypto assets is estimated at about $482 million.
American Bitcoin was established in March 2025 as a subsidiary mining business of Hut 8. At the time of launch, 80% of the shares belonged to Hut 8 itself, while the remaining 20% were distributed among investors, including Eric Trump and his brother Donald Trump Jr.
The project partner is the data center operator American Data Centers, also associated with Eric Trump.
In March 2026, the company announced an expansion: 11,298 ASIC miners were purchased for the farm in Drumheller (Alberta province). They are expected to add about 3.05 EH/s to the network power of American Bitcoin – approximately 0.3% of the total Bitcoin hash rate.
Against the backdrop of the market, the company remains outside the ranks of the largest holders. The leader among public companies is Strategy of Michael Saylor, with 761,068 BTC on its balance sheet. In second place is mining company MARA Holdings (formerly Marathon Digital) with 53,822 BTC. The third position is held by Twenty One Capital of Jack Mallers, focused on developing Bitcoin financial products, with 43,514 BTC.
The top 20 largest corporate Bitcoin holders also includes the operator of the Truth Social platform – Trump Media & Technology Group. The company owns approximately 9,542 BTC and ranks 13th in the rating. The controlling stake of its shares belongs to U.S. President Donald Trump.
Previously, Eric Trump showcased the American Bitcoin mining complex in Texas to his 6 million followers on social media X. In the video, there are long rows of liquid-cooled servers. According to him, at that time, around 35,000 mining devices were deployed on the site.
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