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Benzinga
Benzinga
Business
Murtuza J Merchant

Chinese Bitcoin Mining Tech Producer Bitmain Is Betting Big On America—But Why?

bitcoin mining

Crypto mining hardware producer Bitmain Technologies is preparing to establish its first U.S. facility later this year, a move influenced by shifting industrial policies and a growing "Made in America" sentiment within the digital asset sector.

What HappenedL According to Bitmain’s global business head, Irene Gao, the company plans to open a new headquarters and production line in either Texas or Florida by the end of Q3. Production is expected to begin in early 2026, with full capacity coming online later in the year.

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