American Bitcoin Shares Surge 12% Following Significant Mining Capacity Expansion
American Bitcoin, a firm with ties to the Trump family, has announced the deployment of nearly 11,300 new bitcoin mining rigs at its site in Drumheller, resulting in a 12% increase in its share price to $1.38. The company has fully integrated these new miners into its Alberta, Canada facility, expanding its fleet of application-specific integrated circuits to approximately 89,242. The additional …
April 22, 2026, 3:57 p.m.