Nasdaq-listed Bitdeer unveiled plans to expand its U.S. crypto mining rig manufacturing operations

來源 Cryptopolitan

Singapore-based crypto mining platform Bitdeer announced plans to expand the manufacturing of its mining rigs in the U.S. amid dropping profits. Jeff LaBerge, Bitdeer’s CFA, said his company hoped to ride on Trump’s tariff headwinds, even if his trade policies hurt the miner’s supply chain. 

LaBerge praised Trump’s approach, saying it had created more things to consider. He also mentioned that the policies were supportive of energy. LaBerge believes a Bitcoin-friendly tariff resolution will be made to allow companies like Bitdeer to thrive. The Cryptopolitan recently reported that Tether had invested over $400M to acquire a 21.4% (31.8M shares) stake in Bitdeer.

The miner hopes to start manufacturing mining rigs in the U.S. this year, eventually helping its self-mining business to grow. Bitdeer pointed out that many of its competitors were similarly considering shifting their production to the U.S. However, it clarified that there were no plans to reposition itself as a treasury firm, even as its BTC holdings continued to increase.

LaBerge says Bitdeer is more practical

The CFA said his company was not trying to be seen as a BTC treasury, adding that the miner was more practical than idealistic about including BTC on its balance sheet. He added that having Bitcoin on the company’s balance sheet was not part of their identity. The company also acknowledged that BTC mining faced challenges ranging from rising costs to dwindling rewards and growing uncertainty in the macroeconomic environment. 

One financial analyst claimed that the miner’s Q2 results demonstrated that the company’s bet on vertical integration was paying off. The analyst believes the company has transformed from solely a BTC miner to a key industry technology provider. The manufacturing and commercialization of their SEALMINER A2 miners provided a cost advantage and a growth engine for the company’s operations. 

However, the analyst observed that bears were likely to point to the company’s high cash burn from R&D and SG&A, growing debt balance, and risks associated with its expansion plans. The analyst believes the high operating expenses of $42.3 million reported in Q2 represented a significant quarterly cash burn. Bitdeer’s spending needs to be supported by sustained revenue growth, but its profitability is still sensitive to BTC prices and high innovation costs. The analyst also thinks the company should take care of its growing debt load, which has reached $533 million.

Bitdeer focuses on rapid growth

Matt Kong, Bitdeer’s Chief Business Officer, said on August 18 that his company was now looking forward to rapid growth, especially in its self-mining hashrate. He pointed out that Q2 marked a key point of inflection, and his company was on track to achieve its targets throughout the remainder of the year. Kong added that his company expected sequentially improved financial results in H2 2025. 

The CBO also claimed that its company aimed to achieve its end-of-October 40EH/s target. He explained the company was likely to exceed its 2025 targets because its foundry’s wafer supply allocation had improved. 

Kong continued revealing his company’s R&D plans, disclosing that the miner was targeting a 5 J/TH chip efficiency for its SEALMINER A4 project. He pointed out that his company also made significant progress in July with the expansion of its U.S. engineering team and the development of customized silicon software. Kong said these developments firmly positioned his company as a leading supplier of the industry’s most energy-efficient mining rigs. The CBO believes this will help improve the company’s competitiveness and unlock value for its customers and shareholders. 

Kong concluded by saying his company was keen on energizing more data centers. He pointed out that the miner had energized a self-mining data center capacity of 361 MW, bringing the miner’s electrical capacity to roughly 1.3 GW. Kong expects this will increase to over 1.6 GW by the end of this year. The Clarington, Ohio, site is almost at its full 570 MW capacity.

The smartest crypto minds already read our newsletter. Want in? Join them.

免責聲明:僅供參考。 過去的表現並不預示未來的結果。
placeholder
【今日市場前瞻】鮑爾講話重磅來襲!大行情一觸即發! 鮑爾講話倒數計時!全球市場情緒謹慎;美元指數反彈,黃金價格下挫;輝達跌超1%,暫停生產H20晶片>>
作者  Alison Ho
昨日 10: 30
鮑爾講話倒數計時!全球市場情緒謹慎;美元指數反彈,黃金價格下挫;輝達跌超1%,暫停生產H20晶片>>
placeholder
傑克遜霍爾會議來襲,黃金多頭「節節敗退」?如何部署金價大行情!黃金8月以來至今僅五個交易日收於關鍵多空分界線3360美元上方,凸顯市場看空黃金意願仍然強烈,目前黃金再度回落至3330美元下方,臺灣時間週五(8月22日)10:00聯准會主席鮑威爾或將迎來其最後一次傑克遜霍爾全球央行年會,投資者聚焦其在面對川普壓力、FED雙重目標下將如何闡述其聯准會貨幣政策立場。
作者  Insights
昨日 09: 25
黃金8月以來至今僅五個交易日收於關鍵多空分界線3360美元上方,凸顯市場看空黃金意願仍然強烈,目前黃金再度回落至3330美元下方,臺灣時間週五(8月22日)10:00聯准會主席鮑威爾或將迎來其最後一次傑克遜霍爾全球央行年會,投資者聚焦其在面對川普壓力、FED雙重目標下將如何闡述其聯准會貨幣政策立場。
placeholder
日幣匯率貶值逼近149!日本央行升息前景不定,聯準會降息難了?比起日本央行升息,短期內美元/日圓走勢更取決於聯準會降息前景。
作者  Tony Chou
昨日 09: 05
比起日本央行升息,短期內美元/日圓走勢更取決於聯準會降息前景。
placeholder
三商美邦人壽驚傳將出售!股價連日飆升引市場關注 公司低調回應未否認​投資慧眼Insights-三商美邦人壽近日被傳出已啟動出售程序,股價連續三日攀升。
作者  投資指南針
昨日 08: 37
​投資慧眼Insights-三商美邦人壽近日被傳出已啟動出售程序,股價連續三日攀升。
placeholder
輝達財報前瞻:AI助力營收超預期!關鍵在指引?華爾街紛紛調漲目標價AI熱潮迎關鍵考驗,若輝達財報不及預期,可能引發進一輪拋售。相反若大超預期,AI股將強力反彈。
作者  Alison Ho
昨日 08: 09
AI熱潮迎關鍵考驗,若輝達財報不及預期,可能引發進一輪拋售。相反若大超預期,AI股將強力反彈。
goTop
quote