In a major statement of confidence in the crypto industry, American Bitcoin Corp., a mining company tied to former US President Donald Trump’s family, has just completed one of the biggest hardware purchases seen in the sector this year.
This move signals that the firm is positioning itself for a serious expansion in mining capacity despite global market fluctuations.
$314 Million Investment in Cutting-Edge Mining Rigs
Reports reveal that American Bitcoin paid roughly $314 million to acquire 16,290 Antminer U3S21EXPH units from Chinese mining giant Bitmain.
These high-performance ASIC machines are capable of delivering a combined hashing power of about 14.02 exahashes per second.
Originally, the company had the option to purchase up to 17,280 units but acted quickly to avoid potential price increases due to US tariffs on Chinese-made mining equipment.
Industry experts note that such large-scale orders are uncommon in 2025.
While the exact deployment of these machines hasn’t been disclosed, insiders suggest American Bitcoin plans to spread them across multiple large mining sites, reducing operational risks and increasing efficiency.
Timing the Market Ahead of Tariffs
This purchase comes just as the Trump administration began enforcing tariffs on imported Chinese mining hardware.
These tariffs cover a wide range of tech products, including ASIC miners, and are intended to encourage domestic production.
Critics, however, warn that these measures could hike costs for US miners.
Jaran Mellerud, CEO of BTC mining firm Hashlabs, cautioned that higher operational expenses could hurt profitability.
“Steep price increases might push mining costs in the US so high that demand collapses,” he said, noting regulatory inefficiencies as a contributing factor.
Bitmain Adjusts Strategy with US Expansion
Bitmain, which commands roughly 80% of the global ASIC market according to a University of Cambridge study, is responding to tariffs by moving part of its operations stateside.
The company plans to open its first US-based ASIC production facility in early 2026 and anticipates establishing a new headquarters in Texas or Florida by the end of the year.
This strategy is designed to keep pricing competitive for American customers while avoiding import taxes.
Experts suggest that Bitmain’s US expansion could encourage other industry leaders, including MicroBT and Canaan, to consider shifting some production to North America.
While the full impact of tariffs on the mining supply chain is still unfolding, the recent purchase underscores the high stakes for both manufacturers and operators.
Confidence in Crypto Amid Challenges
For American Bitcoin, the $314 million acquisition reflects strong faith in the profitability of the mining sector despite volatile Bitcoin prices and growing competition.
For Bitmain, the move shows that adaptability to political and economic shifts is crucial for maintaining a dominant position in the US market.
BTCUSD is currently trading around $117,047, highlighting the dynamic environment in which these companies are operating.