Summary
- American Bitcoin said it has purchased an additional 11,298 bitcoin mining rigs.
- It said the purchase is aimed at securing the Bitcoin network and helping lead bitcoin’s future in the United States.
- The report said specific equipment specifications and the size of the investment were not disclosed.
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American Bitcoin, a bitcoin (BTC) mining company linked to the family of U.S. President Donald Trump, has secured additional large-scale mining equipment.
On the 3rd, cryptocurrency-focused outlet Bitcoin Magazine said on X (formerly Twitter) that "American Bitcoin has purchased an additional 11,298 bitcoin mining rigs."
It added that "the purchase is intended to secure the Bitcoin network and help lead bitcoin’s future in the United States."
No details were provided on the specific equipment specifications or the size of the investment.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
