Bitcoin News

Story: Trump-Linked Bitcoin Miner Invests $314M in Chinese Mining Chips

By Julie Binoche

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A Record-Breaking Purchase of Mining Rigs. According to industry sources, American Bitcoin ordered 16,290 Antminer U3S21EXPH units from…

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Timing the Market Before Tariffs. The Trump administration recently imposed tariffs on a wide range of Chinese technology goods,…

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Political and Economic Pressures. While tariffs are designed to strengthen domestic manufacturing, critics argue they could increase…

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Bitmain’s Strategy: Expanding Into the U.S.. As the world’s largest producer of ASIC miners, Bitmain controls nearly 80% of the global market.

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What the $314 Million Investment Means for Bitcoin Mining. For American Bitcoin, this investment signals confidence in the long-term profitability of Bitcoin…

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The Bigger Picture: Trump Family and Crypto. The Trump family’s involvement in American Bitcoin adds a unique political layer to the company’s…

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Challenges Ahead for the Industry. While the $314 million order strengthens American Bitcoin’s mining capabilities, challenges remain.

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Conclusion. American Bitcoin Corp.’s $314 million investment in Bitmain’s mining rigs marks a major milestone…

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American Bitcoin Corp., a mining company connected to former U.S. President Donald Trump’s family, has made one of the largest crypto hardware purchases of 2025.

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According to industry sources, American Bitcoin ordered 16,290 Antminer U3S21EXPH units from Bitmain. These advanced machines are capable of producing 14.

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Such a large boost in computational strength will significantly increase the company’s share of global Bitcoin mining capacity. Analysts note that few U.S.

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The original option allowed for as many as 17,280 units, but American Bitcoin rushed to complete the order early. The main reason: avoiding rising prices tied to new U.S.

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The Trump administration recently imposed tariffs on a wide range of Chinese technology goods, including ASIC mining rigs, in an effort to bring more production back to U.S. soil.

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By purchasing equipment before the tariffs took effect, American Bitcoin secured machines at a lower cost, locking in a competitive advantage.

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Jaran Mellerud, CEO of Hashlabs, warned that higher equipment prices could cut into mining profitability.

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