Why is Bitdeer Technologies building a factory in Nevada?

Bitdeer Technologies is building the US$36 million factory to produce its SEALMINER Bitcoin (CRYPTO:BTC) mining machines in the US. The company said the project will expand production capacity and reduce its reliance on third-party hardware suppliers.

What are the details of Bitdeer Technologies' Nevada investment?

Bitdeer Technologies will invest US$36 million in a manufacturing facility in Sparks, Nevada. The company said the factory will produce key mining hardware components, with commercial production expected to begin by the end of 2026.

How is Bitdeer Technologies share price reacting to the announcement?

Bitdeer Technologies shares rose 14.1% to US$14.33 after the factory announcement. Despite the gain, the stock remained about 27% below its June high but was still up 26% for the year.

What does the Bitdeer Technologies factory mean for Bitcoin (CRYPTO:BTC) mining?

Bitdeer Technologies said the factory will strengthen its Bitcoin (CRYPTO:BTC) mining hardware business by producing SEALMINER machines in the US. The company said local production will support its mining infrastructure strategy.

Why is Nevada important for Bitdeer Technologies?

Bitdeer Technologies chose Nevada because the company said state and local authorities offered tax incentives, including lower qualifying sales taxes. The company said those incentives supported its decision to build the US$36 million manufacturing facility in Sparks.

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Bitdeer builds $36M Nevada factory

Written by Brie CarterPublished Jul 9, 2026, 11:24 PM

Bitdeer Technologies will spend US$36 million on a Nevada factory for SEALMINER Bitcoin mining machines.
The company's shares climbed 14.1% to US$14.33 after the announcement.
Bitdeer said the factory will grow US production and reduce its reliance on outside suppliers.

Bitdeer Technologies shares jumped 14.1% after the company announced a US$36 million factory in Nevada to build SEALMINER Bitcoin (CRYPTO:BTC) mining machines.

The stock closed at US$14.33, recovering earlier losses, but remained about 27% below its June high.

Bitdeer said the Sparks factory will start commercial production by the end of 2026 and will make key mining hardware parts.

The company also said Nevada tax incentives helped support the investment decision, including lower qualifying sales taxes.

Other Bitcoin miners are also expanding, with MARA Holdings growing its AI business and TeraWulf signing a 20-year data centre lease.

Bitdeer mined 921 Bitcoin in May, up 370% from a year earlier, and following the announcement the Bitdeer share price was up 14.1% at US$14.33.

At the time of reporting, Bitcoin price was $63,194.07.

Bitdeer builds $36M Nevada factory

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