- Trump-linked American Bitcoin Corp. added 12% more miners to its mining capacity.
- American Bitcoin Corp. controls 6,106 Bitcoins, valued at approximately $419 million. It has a total mining capacity of 89,242 mining rigs.
- The Trump family-linked USD1 gives WLFI an annual revenue of around $184 million from US Treasuries that back the stablecoin.
- The family has also entered the DeFi markets. However, due to bearishness among altcoins, there is not much revenue from that business.
Trump-linked American Bitcoin Corp. adds 11,298 Miners to its Fleet
Donald Trump-linked and Eric Trump-owned American Bitcoin Corporation has bought 11,298 Bitcoin miners, taking its existing number of miners to 89,242 machines.
American Bitcoin Corp. controls 6,106 Bitcoins, valued at approximately $419 million. It has a total mining capacity of 89,242 mining rigs.
The addition comes at a time when crypto markets are already seeing a massive drawdown from October highs. Bitcoin alone fell around 49% from $126k to $65k. The sell-off in the altcoin markets is even worse.
However, it is believed that Bitcoin and most top cryptocurrencies have already hit a market bottom.
A purchase of Bitcoin mining equipment in this scenario boosts the confidence of market participants.
Related: Signs of a Bottom: Crypto Market Sees Quick Recovery Amid US-Israel-Iran War
WLFI’s USD1 Becomes 4th Largest Stablecoin, 20th Largest Crypto
Besides, American Bitcoin Corporation, Eric Trump also owns a stake in World Liberty Finance.
World Liberty Financial is the issuer of the 4th largest stablecoin, USD1, with a market cap of $4.6 billion. The coin was launched in 2025 and has risen to the 4th-largest among stablecoins and the 20th-largest among all cryptocurrencies in less than a year.
The stablecoin business has become lucrative in crypto markets because issuers pocket all interest earned on US Treasury bonds that back the stablecoins. For Tether, it results in a $10 billion annual profit, and for WLFI, it gives them around $184 million in fixed income on the current market cap of USD1.
Read More: How to Launch a Stablecoin in 2026?
Disclaimer: BFM Times acts as a source of information for knowledge purposes and does not claim to be a financial advisor. Kindly consult your financial advisor before investing.
