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

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On July 29, according to Bloomberg, Bitmain Technologies Ltd., the world's largest cryptocurrency mining machine manufacturer, plans to open its first factory in the United States in the coming months, which is a strategic transformation in response to the "Made in America" trend for digital assets.

According to Irene Gao, Bitmain's global business head, the company plans to 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 start in early 2026, followed by full-scale production throughout the year.

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