Bitdeer's New Bitcoin Mining Facility in Ohio Caught on Fire
A fire affected two buildings belonging to Bitdeer in Massillon, Ohio, on November 11, 2025. The incident occurred around 2 PM and was quickly extinguished by local fire officials, with no injuries reported. The affected site, currently under construction, is part of a larger facility consisting of 26 buildings, though no mining equipment had been installed at the time of the fire. Bitdeer is investigating the cause of the fire and the extent of the damage but does not expect it to impact their current operational hashrate. Following the incident, Bitdeer’s stock saw a decline, dropping over 31% within a week. This situation comes after the company reported a significant net loss in their third quarter, further impacting investor confidence. Despite these setbacks, Bitdeer continues to expand its operations, including new facilities in Ohio, Texas, and Norway, aiming to leverage the rising demand for computational power due to advances in AI.
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