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