Bitdeer breaks ground on $36 million Nevada SEALMINER factory

The Nevada facility is expected to produce 10,000 SEALMINER rigs a month, link with Bitdeer’s U.S. data centers and San Jose R&D center, and begin operating within the year.

BTC

17d ago

Fact Check

Multiple independent outlets (Cointelegraph, Crypto Briefing, crypto.news) consistently confirm that Bitdeer broke ground/announced a ~$36 million facility in Sparks, Nevada to produce SEALMINER machines and that shares rose about 14%, matching the claim. The local Fox5 Vegas report independently corroborates the Sparks facility, SEALMINER production, jobs, and tax incentives, though it cites a $20 million investment and a January 2027 production start—a minor discrepancy on the dollar figure. The core assertions of the claim (Sparks facility, SEALMINER assembly, expanded US hardware production, stock rise) are well supported.

Summary

Bitdeer said it will invest about $36 million to establish a local manufacturing base in Nevada, adding U.S. production capacity for its SEALMINER bitcoin mining rigs. The Nasdaq-listed miner said the facility is expected to produce 10,000 units per month, work alongside its existing U.S. data centers and San Jose research and development center, and begin operations within the year. The move expands Bitdeer’s domestic manufacturing footprint as bitcoin miners pursue tighter control over hardware supply and efficiency. It also builds on the company’s broader vertical integration strategy, which has included developing proprietary mining machines and deploying them across its own operations while the sector faces pressure from weaker mining economics following the April 2024 halving, higher network hashrate and muted transaction-fee revenue.

Terms & Concepts

SEALMINER: Bitdeer’s proprietary bitcoin mining machine used in its self-mining and hardware strategy.
Vertical integration: A strategy in which a company brings more of its supply chain and operations in-house.