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Bitdeer Reports Fire Incident at Massillon Development Site

1. Bitdeer's facility in Ohio experienced a fire, affecting two buildings. 2. No mining equipment was present at the time of the incident. 3. The company does not anticipate an impact on its operational hashrate. 4. No injuries were reported during the fire incident. 5. Bitdeer continues to focus on Bitcoin mining and AI cloud solutions.

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FAQ

Why Neutral?

The fire incident was contained and did not involve mining equipment.

How important is it?

The incident's limited scope indicates a low immediate risk to stock performance.

Why Short Term?

Immediate effects are unlikely due to no impact on operational capacity.

SINGAPORE, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining and AI cloud, today reported a fire incident at its under-construction facility in Massillon, Ohio. The fire incident occurred on the afternoon of November 12, local time. Firefighters responded to the scene and extinguished the fire shortly after arrival. There were no personal injuries relating to the incident. 2 out of the 26 buildings currently under construction at the site sustained fire damage. No mining equipment had been installed at the time of the incident. The Company does not expect this incident of fire to have an impact on Bitdeer’s current operational hashrate. About Bitdeer Technologies Group Bitdeer is a world-leading technology company for Bitcoin mining and AI cloud. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. Bitdeer handles complex processes involved in computing such as equipment procurement, transport logistics, data center design and construction, equipment management, and daily operations. Bitdeer also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed data centers in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group. Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on social media and other communication channels listed on its website. Forward-Looking Statements Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date. Contact Public Relationspr@bitdeer.com

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