Bitdeer Technologies Group (NASDAQ:BTDR) released its unaudited mining and operations update for February 2026, highlighting its position as a dominant force in the global digital asset and AI infrastructure landscape.
The company reported the production of 705 Bitcoins during the month, representing an approximately 541% increase compared to the same period in 2025.
This production leap was supported by a self-mining hashrate that reached 68 EH/s, solidifying Bitdeer's status as one of the largest publicly listed Bitcoin miners by total hashrate under management.
The company’s proprietary hardware division, SEALMINER, reached several critical milestones in February.
Bitdeer confirmed that its SEALMINER A4-1 Bitcoin mining rigs are on track to enter mass production in March 2026.
Simultaneously, the company is preparing for the Q1 2026 launch of the SEALMINER DL1, a dedicated unit designed for Litecoin and Dogecoin mining.
Further strengthening its technological moat, the company noted that development for the next-generation SEAL04-2 chip is progressing according to schedule.
On the infrastructure front, Bitdeer is localizing its supply chain with the development of a U.S.-based SEALMINER manufacturing facility.
The company has officially signed a lease and submitted construction permit applications to local municipal authorities.
This move is expected to streamline logistics and mitigate geopolitical risks associated with hardware production.
Beyond Bitcoin mining, Bitdeer is aggressively expanding its High-Performance Computing (HPC) and AI colocation business.
The company is in advanced negotiations with potential tenants for its major sites in Tydal, Norway, and Clarington, Ohio, as well as several other global locations.
Management expects the company's total hashrate to continue its upward trajectory over the next several months as more energized capacity comes online and proprietary hardware is deployed at scale.