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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. Nobody was injured, and the cause of the fire is under investigation. The facility, still under construction, has not yet installed any mining equipment, and the company expects no impact on its operational hashrate. Bitdeer, which has several sites in Ohio and operates globally, reported that the fire was quickly extinguished. Following the incident, Bitdeer’s stock fell significantly, marking a 31% decline over the past week. Earlier, the company reported a $266.7 million loss for the third quarter, contributing to stock fluctuations. Despite setbacks, Bitdeer is focused on expanding its operations and adapting to rising demand for computing power.

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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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