Bitdeer stock jumps 14% as company expands US mining hardware production
Cointelegraph 2026-07-09 20:19:15
Context: Bitdeer's stock price surged 14% following the announcement of a new $36 million manufacturing facility in Nevada, which will be used to produce its SEALMINER Bitcoin mining machines. The expansion is part of the company's efforts to grow its hardware business in the United States. The facility is expected to play a significant role in increasing Bitdeer's production capacity.
Key Facts
- Bitdeer's stock price jumped 14% after the company revealed plans to invest $36 million in a new manufacturing facility located in Nevada.
- The new facility will be used to produce Bitdeer's SEALMINER Bitcoin mining machines, marking a significant expansion of the company's hardware production capabilities.
- The $36 million investment in the Nevada facility is part of Bitdeer's strategy to grow its hardware business in the United States.