Donald Trump's son's Bitcoin mining company American Bitcoin (ABTC.US) has doubled its computing power.

date
07/09/2025
According to the Securities Times, American Bitcoin (ABTC.US) announced on Thursday that it has purchased and deployed approximately 16,300 ASIC servers, achieving a computing power of about 14 EH/s. This has increased the company's total computing power from approximately 10 EH/s to about 24 EH/s. As of September 1, 2025, their average computing power efficiency is 16.4 J/TH. American Bitcoin is a bitcoin mining company co-founded by Donald Trump's two sons, Eric and Donald Trump Jr. In early trading on Wednesday, the company's stock price surged by 100%, eventually closing up 16.5%. This was the first day of American Bitcoin's shell listing; previously, the company had completed a stock swap merger with Gryphon Digital Mining.