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Bitdeer's New Bitcoin Mining Facility in Ohio Caught on Fire

A fire affected two buildings at Bitdeer's Bitcoin mining site in Massillon, Ohio on November 11, 2025. Fortunately, there were no injuries reported, and the local fire department quickly extinguished the blaze. The facility was still under construction, and no mining equipment had been installed at the affected locations. The company's management is currently investigating the cause and extent of the damage. Bitdeer had plans for its first electrical power connection at the site to take place this month. After the incident, Bitdeer's shares fell over 31% in the last week, indicating significant concern from investors. Concurrently, the company reported a substantial net loss of $266.7 million for its third quarter, which contributed to the stock's decline. Despite these setbacks, Bitdeer continues to seek opportunities within the growing demand for computing power beyond standard Bitcoin mining, particularly in sectors like generative artificial intelligence. The investigation into the fire's cause remains ongoing, but preliminary assessments suggest it was not intentional.

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Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares of VisionSys AI, a brain-machine and AI firm, fell over 77% in one day following its announcement of a registered direct offering intended to raise around $12 million. This significant decline marks an 88% drop over the past week, with current shares priced at $0.29. The company, which

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

VisionSys AI (VSA), a publicly traded brain-machine and artificial intelligence company, recently announced a stock offering that sent its shares plummeting by more than 77%. Following the news, VSA stock dropped to approximately $0.29, reflecting a staggering decline of over 88% in just a week. The firm had ambitious

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares in VisionSys AI (VSA), a firm focused on brain-machine interface technology, plummeted by over 77% on Wednesday following the announcement of a stock offering aimed at raising approximately $12 million. The stock has fallen more than 88% over the past week, trading at about $0.29 per share, the

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