American Bitcoin Completes Energization of ~11,298 Additional ASICs at Drumheller Site, Adding ~3.05 EH/s to Operational Fleet

American Bitcoin completed energization of ~11,298 ASIC miners at its Drumheller site on April 22, 2026, adding ~3.05 EH/s at ~13.5 J/TH. The company’s owned fleet now totals ~89,242 miners at ~28.1 EH/s (avg. 16.0 J/TH) and its operational fleet totals ~58,999 miners at ~25.0 EH/s (avg. 14.1 J/TH). Management frames the deployment as a cost-efficient way to accumulate Bitcoin below spot prices by improving mining scale and efficiency. The incremental hashrate and improved hardware efficiency strengthen the firm’s miner economics and ability to acquire BTC, a development that is broadly bullish for miner profitability and marginally supportive to BTC market dynamics (by accelerating on-balance-sheet accumulation), though risks and forward-looking uncertainties remain.