Bitdeer Plans to Expand U.S. Mining Equipment Manufacturing Amid Trump Tariff Headwinds

According to a report by Jinse Finance, despite the Bitcoin mining industry facing challenges such as rising costs, declining returns, and increasing macroeconomic uncertainty, Bitdeer (BTDR), which is listed on Nasdaq, revealed to Decrypt that the company plans to focus on expansion in the coming months. Jeff LaBerge, Bitdeer's Chartered Financial Analyst (CFA), stated that although the company's profits have been squeezed, it still intends to manufacture mining equipment in the United States and invest in American resources. LaBerge noted that while President Trump's trade policies may affect the company's ability to acquire mining equipment, his favorable stance on cryptocurrency could benefit the company. Speaking about President Trump's policy direction, LaBerge said it "brings more factors to consider," but added that overall, "these policies have consistently supported cryptocurrency and energy."