Trump-linked American Bitcoin shares spike over 12% after announcing more mining power

Trump-linked American Bitcoin shares spike over 12% after announcing more mining power

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTrump-linked American Bitcoin shares spike over 12% after announcing more mining powerThe Trump family-linked mining and treasury company announced 11,298 additional bitcoin mining ASICs at its Drumheller site.By Olivier Acuna|Edited by Nikhilesh De Apr 22, 2026, 3:57 p.m. Make preferred on American Bitcoin deployed the 11,298 mining rigs it purchased early last month. (Shutterstock)What to know: American Bitcoin, a mining and treasury firm tied to Donald Trump's family, added nearly 11,300 new bitcoin mining rigs at its Drumheller, Alberta, site, sending its share price up about 12% to $1.38.The deployment boosts the company’s fleet to roughly 89,242 ASIC miners and adds 3.05 exahash per second of capacity at a high efficiency of 13.5 j

Source: https://www.coindesk.com/business/2026/04/22/trump-linked-american-bitcoin-shares-spike-over-12-after-announcing-more-mining-power