A hearth in Massillon, Ohio, affected two buildings belonging to publicly traded Bitcoin miner Bitdeer, the corporate introduced.
Tuesday’s fireplace was extinguished shortly after the native fireplace division was dispatched and no accidents have been reported.
“Yesterday afternoon round 2 pm, Tuesday, November 11, Bitdeer’s Massillon web site suffered a hearth affecting 2 buildings throughout the facility,” the corporate posted on X. “The power is below development and web site administration is investigating to find out the reason for the hearth and the extent of the harm.”
Yesterday afternoon, round 2 pm on Tuesday, November 11, the Bitdeer web site in Massillon suffered a hearth that affected 2 buildings throughout the facility. The native fireplace division was dispatched and extinguished the hearth shortly after arrival with no accidents on account of the…
– Bitdeer (@BitdeerOfficial) November 12, 2025
Bitdeer’s Massillon web site has been below development and its first energy connection is predicted this month. in response to a current investor replace. The fireplace solely affected two of the positioning’s 26 whole buildings and no mining gear had been put in there, in response to the corporate. Bitdeer doesn’t anticipate the hearth to have any impression on its present operational hash charge.
In an interview with native information outlet Canton repositoryFireplace Chief Matt Heck mentioned the hearth “didn’t seem like something intentional,” though an investigation into the trigger and full extent of the harm is underway.
Singapore-based Bitdeer has a number of websites in Ohio and maintains mining operations in Texas, Norway and different places globally.
the signature reported a web lack of $266.7 million in its third-quarter earnings Name earlier this week, inflicting Nasdaq-listed BTDR shares to fall about 20% and shut Monday round $17.64.
Shares have fallen additional since then, falling 6% on Wednesday and now greater than 31% within the final 5 buying and selling days, buying and selling at $14.10.
Like different crypto mining corporations, Bitdeer has been increasing its attain past mining, looking for to make the most of the alternatives offered by the demand for computing energy as a result of rise of generative synthetic intelligence (AI).
