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Eric Trump: American Bitcoin will expand Bitcoin investment at institutional scale
Golden Finance reports that on April 27th, American Bitcoin’s stock price rose by 13%, and the company’s mining farm located in Drumheller activated 11,298 mining machines this week. This expansion added a new capacity of 3.05 EH/s, bringing the total capacity to 28.1 EH/s. Eric Trump stated that the company adopts a “rigorous” capital allocation strategy aimed at expanding Bitcoin investments at an institutional scale.