Bitdeer Technologies Group, a Nasdaq-listed Bitcoin mining firm, is intensifying its self-mining operations amid a cooling crypto market and uncertain US trade policies. The company plans to manufacture mining machines in the US, shifting focus from selling rigs to other miners to using them for its own Bitcoin mining. This strategic move aims to navigate the challenges posed by fluctuating demand for mining rigs and trade policy uncertainties.

Nasdaq-listed Bitcoin mining firm Bitdeer Technologies Group is doubling down on its self-mining operations while pushing ahead with plans to make machines in the US, as it confronts a cooling crypto market and mounting uncertainty over US trade policy.With demand for Bitcoin mining rigs faltering, Singapore-headquartered based Bitdeer will focus on using its rigs to mine Bitcoin for itself — rather than selling them to other miners, according to Jeff LaBerge, head of capital markets and strategic initiatives at the company. 

Bitdeer Technologies Group Focuses on Self-Mining Amid Market and Trade Challenges