Bitdeer Breaks Ground on $36 Million U.S. Sealminer Factory in Sparks, Nevada

Bitdeer Technologies Group (NASDAQ: BTDR), a Singapore-based Bitcoin mining and AI computational infrastructure company, broke ground on a $36 million advanced electronics manufacturing facility in Sparks, Nevada on July 9, 2026. The 187,000-square-foot plant marks Bitdeer’s first U.S. manufacturing and assembly footprint, targeting production of 10,000 SEALMINER units per month by completion at the end of 2026. Shares surged as much as 15% on the announcement.

A Domestic Factory Reduces Supply Chain Risk at a Difficult Moment for Miners

Bitcoin miners currently face a challenging environment. Hash price—the revenue earned per unit of computing power—sits near record lows following the April 2024 halving and a sustained increase in network hashrate that compresses per-machine economics. Against that backdrop, Bitdeer’s decision to invest $36 million in domestic manufacturing serves a dual purpose: it reduces dependence on third-party overseas hardware suppliers and shortens the supply chain to U.S. customers who need replacement machines and new deployments without long import lead times. Chairman of Bitdeer Industrial Paul Hanson framed the Sparks facility as a supply-chain resilience play, noting that bringing production closer to onshore customers supports the company’s growing U.S. digital infrastructure operations. The factory joins Bitdeer’s existing U.S. data centers and its San Jose, California innovation hub.

SEALMINER Vertical Integration Strengthens the Self-Mining Business

Bitdeer’s SEALMINER hardware sits at the center of its vertical integration strategy. Rather than purchasing machines from third-party manufacturers such as Bitmain or MicroBT, Bitdeer designs and deploys its own proprietary ASICs across its self-mining fleet—a model that lets it capture hardware margin and control machine performance specifications in ways that third-party buyers cannot. In May 2026, Bitdeer mined 921 Bitcoin, and its self-mining hashrate climbed to 70.2 EH/s year over year. The Sparks factory takes that vertical integration a step further by bringing domestic assembly in-house, insulating the supply chain from tariff exposure and geopolitical disruption. Bitdeer also recently launched the SEALMINER DL1 Hydro, a hydro-cooled machine targeting Scrypt-algorithm networks including Litecoin and Dogecoin, extending SEALMINER beyond Bitcoin mining alone.

Nevada Offers Strategic Advantages for Scaling Production

Sparks sits within the Reno-Tahoe industrial corridor, one of the most active advanced manufacturing zones in the western United States. The area hosts major tech and logistics operations from companies including Tesla, Google, and Switch—giving Bitdeer access to an established pool of electronics manufacturing talent and a logistics network already optimized for large-scale hardware distribution. CEO of Bitdeer Industrial Catherine Guo cited Nevada’s skilled workforce, logistics infrastructure, and business-friendly regulatory environment as decisive factors in the site selection. The project creates 70 jobs spanning engineering, skilled technician, and support roles, including entry-level positions, contributing to Northern Nevada’s growing electronics manufacturing ecosystem. Bitdeer’s broader expansion also includes AI cloud computing and high-performance computing services, which continue to develop separately from the mining hardware operation.

Strategic Investment Summary

• Factory Announcement: Bitdeer (NASDAQ: BTDR) broke ground on a $36 million, 187,000-square-foot advanced electronics manufacturing facility in Sparks, Nevada on July 9, 2026, sending shares up as much as 15%.
• Production Target: The plant targets 10,000 SEALMINER mining hardware units per month at completion, scheduled for the end of 2026, establishing Bitdeer’s first domestic manufacturing and assembly footprint in the U.S.
• Vertical Integration: The factory extends Bitdeer’s proprietary SEALMINER hardware strategy by bringing domestic assembly in-house, reducing reliance on third-party suppliers and protecting the supply chain from tariff and geopolitical risk.
• Self-Mining Momentum: Bitdeer mined 921 Bitcoin in May 2026 and grew its self-mining hashrate to 70.2 EH/s year over year, with the Sparks facility designed to accelerate that growth through domestic hardware availability.
• Location Rationale: The Reno-Tahoe corridor offers established electronics manufacturing talent, a robust logistics network, and a business-friendly environment—advantages Bitdeer cited as decisive in selecting Sparks over competing sites.
• Broader Portfolio: The Nevada factory focuses exclusively on Bitcoin mining hardware; Bitdeer’s AI cloud computing and HPC services businesses continue to develop separately, alongside its existing U.S. data centers and San Jose innovation hub.

Find out more about the latest corporate developments and financial reports at the Bitdeer investor portal.