Woofun AI reports that Bitdeer Technologies Group initiated a strategic pivot toward domestic manufacturing, triggering a sharp rally in its equity as the Bitcoin (BTC) miner announced plans to construct a new facility in Nevada. This operational shift aims to produce SEALMINER hardware internally, reducing dependency on external suppliers, while CEO Catherine Guo highlighted collaborative efforts with Governor Joe Lombardo’s administration to secure favorable tax incentives.

The market reaction was immediate, with shares climbing 14.1% to close at $14.33, effectively erasing earlier weekly losses. Despite this recovery, the stock trades 27% below its June peak, though it remains up 26% year-to-date. The $36 million investment targets a site in Sparks, Nevada, where commercial production of key mining components is scheduled to commence by the end of the year.

Per Woofun AI, the broader industry is witnessing a divergence in strategic priorities among major miners. While competitors like MARA Holdings are acquiring Texas sites with up to 2 gigawatts of capacity for AI and high-performance computing, and TeraWulf signed a 20-year lease with Anthropic potentially worth $19 billion, Bitdeer is doubling down on hardware manufacturing. Although the Singapore-based firm has expanded into AI cloud services, this new facility remains dedicated exclusively to Bitcoin mining infrastructure.

This focused approach aligns with Bitdeer’s robust operational performance, having mined 921 BTC in May, representing a 370% increase from the previous year. By verticalizing its supply chain, the company reinforces its core competency in mining rather than diversifying into data center leasing, marking a distinct path in the evolving crypto infrastructure landscape.