A fireplace 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 fireplace broke out at Bitdia’s Massillon manufacturing unit at round 2pm yesterday, Tuesday, November eleventh, affecting two buildings throughout the facility,” the corporate posted on X. “The ability is beneath development and web site administration is conducting an investigation to find out the reason for the hearth and the extent of the injury.”
Tuesday, November 11 A fireplace 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 hearth 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 line with a latest investor replace. The corporate mentioned the hearth affected solely two of the 26 buildings on the positioning, which didn’t include any mining tools. Bitdeer doesn’t count on the hearth to influence its present operational hashrate.
In an interview with native information retailers canton repositoryHearth Chief Matt Heck mentioned the hearth “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 areas in Ohio and maintains mining operations in Texas, Norway, and different areas all over the world.
firm Stories a web lack of $266.7 million in third quarter earnings The decision earlier this week despatched Nasdaq-listed BTDR inventory down practically 20%, closing at round $17.64 on Monday.
The inventory worth has since fallen additional, dropping 6% on Wednesday and at the moment sitting at $14.10, down greater than 31% over the previous 5 buying and selling days.
Like different crypto mining corporations, Bitdeer is increasing past mining to seize the alternatives introduced by the demand for computing energy as a result of rise of generative synthetic intelligence (AI).
