Chinese Crypto Giant Bitmain Plans US Factory in Trump-Era Push

Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in digital assets.

The company intends to officially open a new headquarters and assembly line in either Texas or Florida by the end of the third quarter. Initial output is expected in early 2026, with full-scale production ramping up later in the year, according to Irene Gao, Bitmain’s global business chief.

The move reflects the renewed wave of American industrial policy favoring domestic production, and operational necessity. As ...