YOUNGSTOWN, Ohio – A subsidiary of a global technology and crypto mining company based in Singapore has acquired nearly 43 acres in Weathersfield Township in Trumbull County, a sign that the company is looking to expand its footprint in Ohio.
White Tail Creek LLC, an Ohio subsidiary of Bitdeer Technologies Group, Singapore, purchased five parcels totaling 42.6 acres in the township for $3.4 million on May 5, according to records from the Trumbull County auditor’s office. The land was purchased from Akron-based Magellan Scientific LLC, which on March 31 acquired the property for $4.2 million.
The Business Journal first reported that Magellan had purchased the Weathersfield site – a former electrical generation plant – at 1047 Belmont. The company’s president, Christopher Halvorson, declined to comment on the transaction at the time, as it was still in “active discussions with partners.”
Magellan’s website said the company supports the crypto mining industry.
A listing on the online retail website Loopnet identifies the property as a “renewable energy site” that offers exceptional infrastructure, including an onsite power grid, rail access and high-capacity public utilities.
The listing also markets the property as having “immense potential” for solar, battery storage, hydrogen plant, data center and crypto mining projects.
Bitdeer describes itself as a “world-leading technology company for blockchain and high-performance computing,” according to previous news releases. The company handles complex processes involved in computing such as equipment procurement, transport logistics, data center design and construction, equipment management and daily operations. The company also offers advanced cloud capabilities to customers with high demand for artificial intelligence.
Bitcoin mining is the company’s core business, according to its website. Bitcoin mining is essentially a computing process that validates and records transactions along the Bitcoin network and is a highly competitive business.
Bitdeer has also earned distinction in the artificial intelligence space, according to a company news release. In March, Bitdeer AI was named a winner in the 2025 Artificial Intelligence Excellence Awards as an outstanding organization for the internet and technology category.
It is still unclear what Bitdeer’s intentions are for the property in Weathersfield. An email to the company’s public relations division requesting comment was not returned as of this posting.
However, two of the company’s projects now underway in northeastern and southeastern Ohio might hold some clues.
Bitdeer, a publicly traded company on the Nasdaq exchange with U.S. offices in San Jose, Calif., is in the process of building a new data mining complex in Massillon. White Tail Creek LLC, the same Bitdeer affiliate that now owns the Weathersfield property, acquired 31 industrial-zoned acres in 2023 from B&D Power Solutions for $1.575 million, according to the Stark County Auditor’s office and regulatory filings.
Massillon City Council in April 2024 approved to replat the land by an 8-1 vote, giving the go-ahead for Bitdeer to begin construction on a new data center complex at the site, according to earlier media reports.
The company plans to invest approximately $170 million, construct approximately 30 buildings there and employ 70 people full time, according to Ted Herncane, director of development for the city of Massillon.
“They are constructing multiple server buildings,” along with a warehouse and office building, Herncane said. The site is across from a FirstEnergy substation, and Bitdeer plans to construct its own substation at the location. “They’ve got half a dozen buildings up already,” he said.
The Massillon project consists of Bitdeer constructing approximately 24 server buildings that would be operational 24 hours a day, seven days a week, he said.
“The Bitdeer folks have been more than accommodating,” Herncane said. “They’ve been straight shooters, and they were about as forthright as anyone I’ve ever dealt with.”
Herncane said the company hopes to be operational by the end of this year or early in 2026. “It’s big business,” he said. “We’re really pleased they’re here. They’re a global company, and they do their site selection really, really well.”
Also, Bitdeer last summer announced it had entered into a 30-year lease agreement with the Monroe County Port Authority where the company would repurpose a former aluminum processing facility at the Hannibal Industrial Park in Clarington, Ohio.
“We are excited about the prospects this brings to Bitdeer and our stakeholders,” Linghui Kong, chief business officer at Bitdeer, said in late June 2024. “The strategic location of the Hannibal Industrial Park, combined with its ready-to-use infrastructure, significantly expands our existing power capacity and supports our growth ambitions in Bitcoin mining and HPC and AI.”
Bitdeer has deployed data centers in the United States, Norway and Bhutan. According to a recent regulatory filing, the company’s U.S. centers are in Rockdale, Texas; Knoxville, Tenn; and Wenatchee, Wash. It also lists the Massillon project as “in progress” and expects it to come online sometime during the third or fourth quarter of this year.
Phase I of the Clarington project is described as “in progress,” with an estimated completion during the third quarter of this year, while a second phase is “pending approval.”
Additional data centers are planned for Alberta, Canada; Oromia Region, Ethiopia; and Jigmeling, Bhutan, the filing says.
Bitdeer reported $69 million in revenue and a net loss of $531.9 million during the fourth quarter of 2024.
Pictured at top: Image via Bitdeer.com.