6 facts about the expansion of 11,000 Bitcoin miners

Jakarta, Pintu News – Bitcoin (BTC) mining activity is back in the spotlight after reports emerged that an American Bitcoin mining operation linked to the Trump family is expanding its infrastructure capacity. The company is reportedly adding thousands of new mining machines while storing BTC mining proceeds as long-term reserves.

This strategy has caught the attention of crypto market participants because it differs from the traditional mining business model. In most cases, mining companies usually sell most of the mined Bitcoin to cover operational costs such as electricity and infrastructure.

1. American Bitcoin Adds 11,000 Mining Machines

According to blockchain analytics data, American Bitcoin’s mining operations recently added around 11,000 Bitcoin mining machines. This addition aims to increase hash power so that the company can compete for block rewards on the Bitcoin network.

In the crypto ecosystem, increasing mining capacity is often an indicator of long-term expansion. The greater the hash power, the greater the chances of the company earning Bitcoin rewards from the transaction validation process.

This move shows that the company is looking to strengthen its position in the global cryptocurrency mining industry.

Also Read: Czech Central Bank seeks 100 tons of gold reserves, Bitcoin (BTC) is still under consideration

2. Already Mined 766 Bitcoins This Year

So far this year, American Bitcoin has reportedly mined around 766 Bitcoins (BTC). At a Bitcoin price of about $71,000, the value of that production amounts to about $54.39 million.

If converted using an exchange rate of IDR 16,919 per dollar, the value is equivalent to around IDR 920 ,204,410,000 or approximately IDR 920 billion. This figure reflects the considerable scale of production for one mining operation.

Interestingly, the mined Bitcoins are not directly sold to the crypto market. Instead, the company keeps them in an on-chain wallet as part of its accumulation strategy.

3. Company’s BTC Reserves Already 6,100 Bitcoin

The company’s total Bitcoin holdings now stand at around 6,100 BTC. At current market prices, the value of these reserves is estimated to be around $433.7 million.

If converted to rupiah, the value is equivalent to around IDR7,337,380,300,000 or around IDR7.3 trillion. The amount shows that the company not only operates as a miner, but also as a long-term crypto asset holder.

This strategy reflects a change in approach in the mining industry, where some companies are starting to use Bitcoin as a treasury asset.

4. The “Mine and Hold” Strategy is gaining popularity

In the traditional mining model, companies usually sell most of the BTC earned to cover operating costs. But a new strategy that has emerged is “mine and hold”, which means mining Bitcoin and then storing it as a long-term investment.

When miners choose to hold BTC rather than sell it, the amount of Bitcoin supply coming into exchanges may decrease. Under certain conditions, this could potentially tighten the liquidity of the crypto market.

If such a strategy is adopted by many mining companies, it could affect the supply dynamics in the global cryptocurrency market.

5. Bitcoin Stabilizes Above $70,000

This development came as Bitcoin (BTC) broke the psychological level of $70,000 again. The level is often seen as a pivotal point in technical analysis as it is a psychological area for crypto investors.

The price of BTC had previously corrected from a cyclical peak of around $110,000-$115,000 before stabilizing again. After this correction, the market is now trying to form a new consolidation phase.

In many crypto cycles, the consolidation phase after a correction is often a period of accumulation before the next trend is established.

6. Bitcoin Technical Support is at $65,000

From a technical standpoint, Bitcoin is currently moving around the area of the long-term moving average. This zone is often an area of balance between buyers and sellers in the cryptocurrency market.

Some important levels that analysts are concerned about include:

• $70,000 (≈ Rp1,184,330,000) as current consolidated area
• $65,000 (≈ Rp1,099,735,000) as main support
• $60,000 (≈ Rp1,015,140,000) as the next correction target

If BTC is able to hold above that area, the crypto market could potentially enter a new accumulation phase. Conversely, a drop below $65,000 could open the door for a deeper correction.

Also Read: 700% Crypto Withdrawal Surge in Iran: Bitcoin becomes a financial escape route during crisis

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.

Reference

• Sebastian Villafuerte/NewsBTC. Manufacturing The Bitcoin Reserve: Inside The Trump Family’s 11,000-Miner Expansion At American Bitcoin. Accessed March 6, 2026.