🇺🇸💰 Trump-Linked Mining Giant Strikes $314M Deal with Bitmain
American Bitcoin, backed by members of US President Trump’s family, has exercised its option to buy 16,299 Antminer S21 EXPH mining rigs from Bitmain — unlocking a massive 14.02 EH/s of computing power. The $314M deal, shielded from tariff hikes, signals aggressive growth despite trade war tensions.
In a strategic shift, Bitmain will open its first US-based ASIC plant by year-end and is weighing Florida or Texas for its new HQ. According to Cambridge University data, Bitmain already dominates 82% of the global mining machine market — and this move could tighten its grip even further.
The Bitcoin mining arms race is heating up… and this deal just turned up the voltage ⚡.
DYOR No Financial advice!