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BitDeer plans to expand its U.S. mining equipment manufacturing business in the face of Trump's tariff resistance

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2025-08-21 02:47:10
Although the bitcoin mining industry is facing challenges such as rising costs, declining returns, and increased uncertainty in the macroeconomic environment, Nasdaq-listed BTDR has revealed to Decrypt that the company plans to focus on expansion in the coming months.
Jeff LaBerge, a Chartered Financial Analyst (CFA) at BitDeer, said that despite the company's shrinking profits, it still plans to manufacture mining equipment in the United States and invest in U.S. resources. LaBerge said that while U.S. President Donald Trump's trade policies may affect the company's ability to acquire mining equipment, its favorable policies on cryptocurrencies may help the company.
That "brings more to the table," Mr. LaBerge said of President Trump's policy approach, but added that overall, "these policies have been supportive of cryptocurrencies and energy."
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