Shares of American Bitcoin Corp. (ABTC) surged today after the company announced it had completed the energization of more than 11,000 new mining machines at its Drumheller facility, significantly expanding its operational capacity.

The company said it has brought approximately 11,298 additional ASIC miners online, adding about 3.05 exahashes per second (EH/s) to its active hashrate. The deployment marks the completion of a previously announced expansion plan and pushes American Bitcoin’s total operational fleet to roughly 25.0 EH/s across nearly 59,000 active machines.

Including inactive inventory, the firm now owns about 89,242 miners capable of producing up to 28.1 EH/s,…

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