Who Bitdeer buys from and sells to
Singapore bitcoin miner that designs SEALMINER ASIC rigs and runs a growing NVIDIA GPU cloud.
Buys from 3
- TSMCTSMfabrication of the SEALMINER ASIC chips
- NVIDIANVDAGPUs for the AI cloud
- Power utilitiespower for sites in Norway, Bhutan, Ohio and Texas
Sells to 4
- Bitcoin minersSEALMINER rigs sold to third parties
- Bitcoin networkblock rewards from self-mining
- AI cloud customersGPU rental, ~$76M ARR (June 2026)
- Colocation tenant121 MW of GPU halls at Tydal, Norway
Where the chain could break
- ASIC chips depend on leading-edge Taiwanese foundry capacity
- Revenue tied to bitcoin price and network hashrate
Competes with
- Bitmainthe dominant bitcoin ASIC maker
- CanaanCANbitcoin mining rigs
- MicroBTthe same
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.