Trump's promise to keep Bitcoin mining in America is breaking down as miners switch to AI data centers.

Sep 9, 2026, 12:25 PM ETOpinionRead the original at benzinga.com

Bad for ABTC

ABTC has recent losses and a large share decline, while miners shift capacity to AI, weakening demand for its Bitcoin-mining business.

ABTC · American Bitcoin Corp.

AI read · Bad for ABTC

The AI's read

American Bitcoin Corp. has reported losses for 3 straight quarters and its shares fell roughly 90% over the past year. Industry reporting says Bitcoin mining power is down 18% since Oct 2025 as U.S. public miners redeploy energy to AI. That shift reduces demand for pure Bitcoin-mining capacity and pressures ABTC's core business.

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