Bloomberg: Bitmain plans to establish its first factory in the United States

ChainCatcher news, according to Bloomberg, cryptocurrency mining machine manufacturer Bitmain Technologies Ltd. plans to open its first factory in the United States in the coming months, marking a strategic shift to align with the "Made in America" trend in digital assets.

According to Bitmain's global business head Irene Gao, the company plans to officially establish a new headquarters and assembly line in Texas or Florida by the end of the third quarter of 2025. The first batch of production is expected to begin in early 2026, with full-scale production gradually achieved within the year.