Bitmain Plans First US Factory Amid Trump's Cryptocurrency Push

Bitmain Technologies plans to open its first US factory in the coming months, shifting its focus from China to the US amid the "Made in America" boom in digital assets. The new facility in Texas or Florida is expected to start producing mining hardware by early 2026. The move aims to speed up deliveries and repairs for US customers, as well as mitigate the impact of tariffs and the US government's reshaping of supply chains. Bitmain plans to hire 250 local employees and capitalize on the US's growing influence in the crypto mining industry.

Bitmain Technologies Ltd., the world's largest manufacturer of crypto mining hardware, is planning to open its first US factory in the coming months, marking a significant shift in its operations. The new facility, slated to be located in either Texas or Florida, is expected to commence production by early 2026. This move is part of Bitmain's strategic pivot to capitalize on the "Made in America" boom in digital assets, as well as to mitigate the impact of tariffs and the US government's reshaping of supply chains [1].

The decision to establish a US facility is driven by operational necessity and the renewed wave of American industrial policy favoring domestic production. Bitmain expects the local production to speed up deliveries and repairs for US customers, although labor costs are higher in the US. The company aims to hire 250 local employees in the initial phase, trained for both manufacturing and site-level maintenance [1].

The US push for Bitcoin supremacy represents a unique opportunity for Bitmain, according to Irene Gao, Bitmain’s global business chief. The company has dominated the market for crypto mining hardware since 2013, but US President Donald Trump's trade war has disrupted its American business. Shipments from the Beijing-based company have been held up amid heightened Customs and Border Protection scrutiny, while in January the US Commerce Department blacklisted its artificial-intelligence affiliate [1].

Bitmain's move comes amidst the growing influence of US-based crypto firms and the increasing political clout they possess. Publicly listed American miners such as Mara Holdings Inc., Riot Platforms Inc., and CleanSpark Inc. are collectively worth tens of billions of dollars. Additionally, Trump's sons Eric Trump and Donald Trump Jr. have set up a crypto mining venture named American Bitcoin Corp. in partnership with Hut 8 Corp. and a group of investors [1].

Bitmain's current production capacity includes facilities spread across Southeast Asia, a region vulnerable to stiff trade-protection measures from the Trump administration. The US is now considered the mining sector's global fulcrum, rising to the fore after a ban in China. Bitmain's new US facility aims to secure access to the US market and capitalize on the growing influence of the country in the crypto mining industry [1].

While the exact challenges Bitmain may face as it seeks a foothold in the US remain to be seen, the company's strategic move underscores its commitment to expanding its operations in the world's most influential crypto market. The convergence of traditional financial management with blockchain technology, as exemplified by Bitmain’s approach, signifies an evolving phase in the digital assets market [2].

References:
[1] https://www.bloomberg.com/news/articles/2025-07-29/chinese-crypto-giant-plans-first-us-factory-in-trump-era-gambit
[2] https://www.ainvest.com/news/ethereum-news-today-bitmine-ethereum-strategy-boosts-bmnr-stock-2-billion-holdings-milestone-2507/