American Bitcoin Corp. (ABTC), co-founded by Eric Trump, has announced ambitious plans to transform into a comprehensive Bitcoin ecosystem platform. The company aims to achieve a mining capacity of 50 exahash per second (EH/s) by 2025, with fleet efficiency below 15 joules per terahash (J/TH). This expansion will leverage the infrastructure and expertise of Hut 8. ABTC's strategy includes bolstering its Bitcoin treasury through both mining and market acquisitions. To support these initiatives, the company has launched a $2.1 billion at-the-market (ATM) share offering on Nasdaq, aiming to secure the necessary capital for its growth objectives.