Bitdeer Shares Rally 14% Following Announcement of Mining Hardware Manufacturing Expansion in the U.S.

Bitdeer Technologies Group (NASDAQ: BTDR) saw its stock price jump 14% on news that it will build a new $36 million manufacturing facility in Sparks, Nevada. This announcement marks a significant turning point toward domestic production of Bitcoin mining hardware, and the market views it as a growth driver for Bitdeer.

Bitdeer is positioning itself as a vertically integrated powerhouse by bringing the assembly process for its proprietary 'SEALMINER' lineup to the U.S. mainland. This is a strategic move to reduce reliance on overseas manufacturers while protecting the supply chain from geopolitical and logistical risks.

The stock rally reported on July 9, 2026, occurred immediately after specific financial investment plans for the Nevada facility were disclosed. The plant will focus on the assembly of SEALMINER devices, Bitdeer's next-generation miners, and the production of core components, which is expected to play a key role in expanding the company's hardware business segment.

The expansion of manufacturing facilities in the U.S. will serve as a catalyst for Bitdeer to leap beyond being a simple mining company to becoming a global leader in hardware manufacturing.

The Nevada plant's production capacity is designed for 10,000 units per month, which is sufficient to meet demand in the North American market. Bitdeer aims to begin commercial production by the end of 2026, maximizing the efficiency of local procurement for mining equipment.

Technical Superiority: SEAL02 Chip and Energy Efficiency

Bitdeer's hardware competitiveness stems from the SEAL02 chip, developed through collaboration with TSMC, the world's largest foundry. Test results for this chip recorded a high energy efficiency of 13.5 J/TH, which is evaluated as an achievement exceeding the market's existing target of 14 J/TH.

• SEAL02 ASIC Chip: Achieved industry-leading efficiency of 13.5 J/TH
• SEALMINER A2 Series: Next-generation mining machine lineup equipped with high-efficiency chips
• TSMC Partnership: Chip manufacturing and supply chain stabilization utilizing cutting-edge semiconductor processes

ASIC production within the United States is a key element of Bitdeer's vertical integration strategy. By reducing dependence on external suppliers, Bitdeer has been able to increase the efficiency of its own mining operations and simultaneously achieve revenue diversification through hardware sales.

The announcement of the Nevada facility is part of Bitdeer's extensive infrastructure expansion plan. The 221MW data center under construction in Massillon, Ohio, is scheduled to have its full power supply completed by the end of the first quarter of 2026, which is expected to significantly boost Bitdeer's total hashrate capacity.

While many mining companies are diversifying their businesses with AI-related contracts following the Bitcoin halving, Bitdeer is focusing on strengthening its hardware manufacturing capabilities. This move is analyzed as a unique differentiation strategy to secure market share by competing directly with existing giants such as Canaan and Bitmain.

Investors are noting the completion of the Ohio site in the first quarter of 2026 and the full-scale operation of the Nevada manufacturing facility at the end of 2026 as key milestones. Market attention is focused on whether Bitdeer's aggressive infrastructure investment and technological innovation will lead to long-term enhancement of corporate value.