[BLOOMBERG] China Crypto Firm Bitmain Plans First US Factory in Trump Gambit
Chinese crypto mining hardware maker Bitmain plans to open a new HQ and assembly line in either Texas or Florida by the end of Q3 and start production in 2026 (@ryanjamesweeks / Bloomberg) https://t.co/abIrYguMxr https://t.co/5pku4DztX6 https://t.co/ZOzeer2dpR
China Crypto Firm @BITMAINtech Plans First US Factory in Trump Gambit in early 2026 https://t.co/gqb4ng9kol https://t.co/CCore1xCVv
Bitmain Technologies, the world's largest manufacturer of Bitcoin mining hardware based in China, is preparing to open its first factory and headquarters in the United States. The company is considering locations in Texas or Florida for the new facility, which is expected to begin production in early 2026 and reach full capacity by the end of that year. The U.S. factory is scheduled to launch by the end of the third quarter of 2025. This expansion marks a significant move for Bitmain amid shifting policies and is seen as a strategic effort to establish a manufacturing presence in the American market.