A hearth 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 had been reported.
“Earlier yesterday afternoon at round 2pm, on Tuesday, Nov 11, Bitdeer’s Massillon web site sustained a hearth that affected 2 buildings throughout the facility,” the agency posted on X. “The ability is beneath building and web site administration is investigating to find out the reason for the hearth and extent of the harm.”
Earlier yesterday afternoon at round 2pm, on Tuesday, Nov 11, Bitdeer’s Massillon web site sustained a hearth that affected 2 buildings throughout 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 web site has been beneath building with its first electrical energy connection anticipated to occur this month, in keeping with a latest investor replace. The fireplace solely affected two of the 26 whole buildings on web site, 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 stated the blaze “didn’t seem like something intentional,” although an investigation into the trigger and full extent of the harm is ongoing.
Singapore-based Bitdeer has a number of websites in Ohio and maintains mining operations in Texas, Norway, and different places globally.
The agency reported a web 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 palms at $14.10.
Like different crypto mining corporations, Bitdeer has been increasing its scope past mining, in search of to seize alternative supplied by the demand for computing energy because of the rise of generative synthetic intelligence (AI).
