Bitdeer Prioritizes Mining to Weather Tariff Turmoil (Correct)

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.

It’s a sign that crypto mining firms may face a lean period. Bitcoin’s hashprice — a key measure ...