A hearth in Massillon, Ohio, affected two buildings owned by publicly traded Bitcoin miner Bitdeer, the corporate introduced.
Tuesday’s fireplace was extinguished shortly after native fireplace providers had been referred to as in, and no accidents had been reported.
“A hearth broke out at Bitdia’s Massillon manufacturing facility at round 2pm yesterday, Tuesday, November eleventh, affecting two buildings throughout the facility,” the corporate posted on X. “The power is beneath development and web site administration is conducting an investigation to find out the reason for the fireplace and the extent of the injury.”
Tuesday, November 11 A hearth broke out at Bitdeer’s Massillon web site at round 2pm yesterday, affecting two buildings on the property. Native fireplace departments had been referred to as to the scene and extinguished the fireplace as quickly as they arrived, however nobody was injured.
— Bitdeer (@BitdeerOfficial) November 12, 2025
Bitdeer’s Massillon web site is beneath development, with first energy connections anticipated this month. In accordance with a latest investor replace. The corporate mentioned the fireplace affected solely two of the 26 buildings on the location, which didn’t include any mining tools. Bitdeer doesn’t count on the fireplace to affect its present operational hashrate.
In an interview with native information retailers canton repositoryFireplace Chief Matt Heck mentioned the fireplace “doesn’t seem like intentional,” however an investigation is underway to find out the trigger and the extent of the injury.
Primarily based in Singapore, Bitdeer has a number of places in Ohio and maintains mining operations in Texas, Norway, and different places around the globe.
firm Experiences a web lack of $266.7 million in third quarter earnings The decision earlier this week despatched Nasdaq-listed BTDR inventory down almost 20%, closing at round $17.64 on Monday.
The inventory worth has since fallen additional, dropping 6% on Wednesday and presently sitting at $14.10, down greater than 31% over the previous 5 buying and selling days.
Like different crypto mining firms, Bitdeer is increasing past mining to seize the alternatives offered by the demand for computing energy as a result of rise of generative synthetic intelligence (AI).
