A fire in Massillon, Ohio, affected two buildings owned by publicly traded Bitcoin miner Bitdeer, the company announced.
Tuesday’s fire was extinguished shortly after local fire services were called in, and no injuries were reported.
“A fire broke out at Bitdia’s Massillon factory at around 2pm yesterday, Tuesday, November 11th, affecting two buildings within the facility,” the company posted on X. “The facility is under construction and site management is conducting an investigation to determine the cause of the fire and the extent of the damage.”
Tuesday, November 11 A fire broke out at Bitdeer’s Massillon site at around 2pm yesterday, affecting two buildings on the property. Local fire departments were called to the scene and extinguished the fire as soon as they arrived, but no one was injured.
— Bitdeer (@BitdeerOfficial) November 12, 2025
Bitdeer’s Massillon site is under construction, with first power connections expected this month. According to a recent investor update. The company said the fire affected only two of the 26 buildings on the site, which did not contain any mining equipment. Bitdeer does not expect the fire to impact its current operational hashrate.
In an interview with local news outlets canton repositoryFire Chief Matt Heck said the fire “does not appear to be intentional,” but an investigation is underway to determine the cause and the extent of the damage.
Based in Singapore, Bitdeer has multiple locations in Ohio and maintains mining operations in Texas, Norway, and other locations around the world.
company Reports a net loss of $266.7 million in third quarter earnings The call earlier this week sent Nasdaq-listed BTDR stock down nearly 20%, closing at around $17.64 on Monday.
The stock price has since fallen further, dropping 6% on Wednesday and currently sitting at $14.10, down more than 31% over the past five trading days.
Like other crypto mining companies, Bitdeer is expanding beyond mining to capture the opportunities presented by the demand for computing power due to the rise of generative artificial intelligence (AI).