A fireplace in Massillon, Ohio affected two buildings belonging to publicly traded Bitcoin miner Bitdeer, the agency introduced.
The Tuesday hearth was extinguished shortly after the native hearth division was dispatched, and no accidents have been reported.
“Earlier yesterday afternoon at round 2pm, on Tuesday, Nov 11, Bitdeer’s Massillon website sustained a hearth that affected 2 buildings inside the facility,” the agency posted on X. “The power is underneath building and website administration is investigating to find out the reason for the hearth and extent of the injury.”
Earlier yesterday afternoon at round 2pm, on Tuesday, Nov 11, Bitdeer’s Massillon website sustained a hearth that affected 2 buildings inside the facility. The native hearth division was dispatched and extinguished the hearth shortly after arrival with no accidents ensuing from the…
— Bitdeer (@BitdeerOfficial) November 12, 2025
Bitdeer’s Massillon website has been underneath building with its first electrical energy connection anticipated to occur this month, in keeping with a latest investor replace. The hearth solely affected two of the 26 complete buildings on website, and no mining gear had been put in there, in keeping with the agency. Bitdeer doesn’t anticipate the hearth could have any influence on its present operational hashrate.
In an interview with native information outlet the Canton Repository, hearth chief Matt Heck mentioned the blaze “didn’t look like something intentional,” although an investigation into the trigger and full extent of the injury is ongoing.
Singapore-based Bitdeer has a number of websites in Ohio and maintains mining operations in Texas, Norway, and different areas globally.
The agency reported a internet lack of $266.7 million in its Q3 earnings name earlier this week, sending shares of Nasdaq-listed BTDR down shut to twenty% and shutting Monday round $17.64.
Shares have fallen even additional since, falling 6% on Wednesday and now down greater than 31% within the final 5 buying and selling days, altering arms at $14.10.
Like different crypto mining companies, Bitdeer has been increasing its scope past mining, looking for to seize alternative offered by the demand for computing energy as a result of rise of generative synthetic intelligence (AI).
