Trump-Linked Miner Buys $314M Bitmain ASICs Pre-Tariff
American Bitcoin Corp, linked to the Trump family, has secured 16,290 Bitmain Antminer U3S21EXPH ASICs for $314 million, adding about 14.02 EH/s of hashing power. This large-scale Bitmain ASICs purchase locks in pre-tariff pricing ahead of US tariffs on Chinese mining hardware, a rare deal of its size in 2025. The rigs will be deployed across multiple facilities to spread operational risk. In response to incoming US tariffs aimed at onshoring production, Bitmain plans its first US ASIC factory by early 2026 and a new headquarters in Texas or Florida. The strategic move underscores robust miner confidence and strengthens US Bitcoin mining capacity.
Bullish
This large-scale purchase secures 14.02 EH/s of additional hashing power and locks in pricing ahead of US tariffs, signaling robust miner confidence and strengthening US Bitcoin mining capacity. By avoiding tariff-driven cost increases and diversifying deployment sites, American Bitcoin Corp reduces operational risk and enhances network security. Historically, major ASIC acquisitions indicate sustained demand for mining hardware and a bullish outlook for Bitcoin mining profitability and market stability.