Use an MWBC to reduce the circuit count by one.
For thermal adjustment factors in 310.15(C)(1), and 120/240V split-phase power (NOT 120/208V "2 of 3 phase" power), all circuits count as 2 wires. That is, grounds don't count, and neutrals don't count in a 4-wire hot-hot-neutral configuration in split-phase.
Also, 240V HVAC equipment doesn't use neutral unless it does, so that saves you a couple bucks on THHN.
So we can now simplify the adjustments in 310.15(C)(1): 1 circuit = 100%. 2-3 circuits = 80%. 4 circuits = 70%. 5-10 circuits = 50% (very bad news). From this, I simplify the rule further to "No More Than Four" - but usually I don't have Texas attics to deal with.
So. There is a type of circuit called a Multi-Wire Branch Circuit or MWBC or shared-neutral circuit. This has the usual black-white-bare triplet of wires, except a red wire is added on the opposite phase and shares that same neutral. This works because neutral only carries differential current in that case. And we're going to have a conversation about wire colors in a minute.
So you connect two of your 120V mini-splits to one MWBC.
Now you have four circuits, and by the rule of two that's 8 wires, which use the 7-9 wire adjustment in 310.15(C)(1). That adjustment at 30% isn't so bad.
Now let's talk about wire colors. The idea that the two hots should be red and black is a myth, sourced from the fact that /3 cables are colored that way. In 120V/240V power, there is no benefit from distinguishing the two poles from each other - no load cares if they are swapped. However, in multiple circuits, you must distinguish the circuits from each other - this is a Code requirement. You should use THHN wire colors accordingly, because having to tape or paint wires is no fun and the marks fall off. BTDT.
So the easiest way to do this is make both hot wires the same color. For instance in the above configuration, you might go
- black-white for the single 120V circuit
- red-red-gray for the MWBC - gray is a valid neutral color and distinguishes it from the other one.
- Blue-blue for 240V circuit 1
- Orange-orange for 240V circuit 2
Or, consolidate circuits.
If your mini-split labeling/instructions don't require a dedicated circuit per unit, you may be able to put 2 or more on 1 circuit. Another way to get circuit count down.
You need disconnects anyway. How about use a subpanel?
I don't know if they'll be near each other, but if they will, you need a disconnect for them. A subpanel within the required distance certainly qualifies as a disconnect. Now you can run one feeder, and even aluminum feeder for significant cost savings. And then use the subpanel as both power distribution and disconnect.