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 have been referred to as in, and no accidents have 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 power is beneath building 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 fireplace broke out at Bitdeer's Massillon web site at round 2pm yesterday, affecting two buildings on the property. Native fireplace departments have 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 building, with first energy connections anticipated this month. In accordance with a current investor replace. The corporate stated the fireplace affected solely two of the 26 buildings on the location, which didn’t comprise any mining gear. Bitdeer doesn’t anticipate the fireplace to impression its present operational hashrate.
In an interview with native information shops canton repositoryFireplace Chief Matt Heck stated 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 areas in Ohio and maintains mining operations in Texas, Norway, and different areas all over the world.
firm Experiences a internet 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 value 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 firms, Bitdeer is increasing past mining to seize the alternatives introduced by the demand for computing energy because of the rise of generative synthetic intelligence (AI).
