Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws related to misleading statements about the company's SEALMINER A4 project and its financial performance [2][4]. Financial Performance - Bitdeer reported a third-quarter earnings per share of -$1.28, which significantly missed the consensus estimate of -$0.22, indicating a substantial financial shortfall [5]. - Following the earnings report, Bitdeer's stock price dropped by $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [5]. Project Delays and Incidents - The company disclosed significant delays in the development of its next-generation Seal 04 ASIC chip, which was expected to impact future production timelines [5]. - A fire incident at Bitdeer's under-construction facility in Massillon, Ohio, occurred on November 11, 2025, damaging 2 of the 26 buildings, which further affected investor confidence [6]. - Following the fire incident, Bitdeer's stock price fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6]. Legal Proceedings - A federal securities class action has been filed against Bitdeer, with a deadline of February 2, 2026, for investors to seek the role of lead plaintiff [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest who directs and oversees the litigation on behalf of the class [7]. Investor Communication - Faruqi & Faruqi encourages investors and individuals with information regarding Bitdeer's conduct to reach out, including whistleblowers and former employees [8].

Core Viewpoint - A class action has been filed against Bitdeer Technologies Group, alleging that the company misled investors regarding its business prospects and the development of its SEALMINER A4 machine [1][2]. Group 1: Allegations and Business Prospects - The complaint claims that Bitdeer created a false impression of having reliable information about the development of the SEAL04 ASIC chip technology, which was expected to enhance energy efficiency and increase revenue through self-mining and external sales in fiscal year 2025 [2]. - It was asserted that the company consistently communicated that the SEAL04 research and development was on track for mass production in the second quarter of 2025, despite facing design issues that led to delays and a dual-track approach in production [2]. Group 2: Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to the R&D of its ASIC roadmap [3]. - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, dropping from $17.65 per share to $15.02 per share the next day [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by February 2, 2026, to serve as lead plaintiff, representing other class members in the litigation [4]. - It is noted that shareholders do not need to participate in the case to be eligible for recovery, and they can remain absent class members if they choose [4].

Group 1 - The article highlights the upcoming deadline of February 2, 2026, for investors to file a lead plaintiff motion in a case concerning Bitdeer Technologies Group (NASDAQ: BTDR) [1] - The case is filed on behalf of investors who purchased Bitdeer securities during the class period from June 6, 2024, to November 10, 2025 [1] - Investors who suffered losses in Bitdeer Technologies Group are encouraged to contact the Law Offices of Howard G. Smith for participation [1]

Group 1 - The article highlights the upcoming deadline of February 2, 2026, for investors to file a lead plaintiff motion in a case concerning Bitdeer Technologies Group (NASDAQ: BTDR) [1] - The case is filed on behalf of investors who purchased Bitdeer securities during the class period from June 6, 2024, to November 10, 2025 [1] - Investors who suffered losses in Bitdeer Technologies Group are encouraged to contact the Law Offices of Howard G. Smith for participation [1]

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Bitdeer Technologies Group securities, alleging that the company provided misleading information regarding its SEALMINER Bitcoin mining machine project, leading to artificially inflated stock prices during the class period from June 6, 2024, to November 10, 2025 [1][5][6]. Group 1: Lawsuit Details - The class action lawsuit is based on claims that Bitdeer provided investors with material information about its SEALMINER technology roadmap, specifically regarding the mass production of its fourth-generation SEALMINER (A4) rigs [5]. - Defendants allegedly made positive statements about the SEAL04 ASIC chip technology, which was expected to achieve a chip energy efficiency as low as 5 J/TH, while failing to disclose critical information about the actual readiness and production timeline of the A4 rigs [6]. Group 2: Investor Actions - Investors who purchased Bitdeer securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][7]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].

Production Growth - Bitdeer mined 526 bitcoin in November 2025, a 251% increase compared to the same period last year [1] - The production growth is attributed to the deployment of proprietary SEALMINER rigs, with a self-mining hashrate of 45.7 EH/s [1] Future Projections - The company expects to surpass 50 EH/s by the end of the year, joining other public miners with similar capacity [2] - Currently, Bitdeer has 34.3 EH/s of SEALMINER A2 model deployed and 3.3 EH/s in transit, along with 0.6 EH/s of the new A3 model deployed and 2.9 EH/s in transit [2] ASIC Chip Development - Bitdeer's SEAL04-1 chip demonstrated power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [3] - The SEAL04 chip's production was delayed, leading to a split in design and rollout into two batches: SEAL04-1 and SEAL-02 [3] High-Performance Computing Division - The high-performance computing division is on track to earn approximately $10 million in annual recurring revenue as of November, up from $8 million in October [4] - Expansion of AI infrastructure includes a new 2 megawatt data center in Malaysia, expected to launch by the end of 2025 [4] Data Center Expansion - The company is evaluating leasing opportunities for data centers in the U.S., including a 13 megawatt site in Wenatchee, Washington, and a 35 megawatt project in Knoxville, Tennessee [5] Setbacks - A localized setback occurred at Bitdeer's site in Massillon, Ohio, due to a fire, postponing the energization of approximately 26 megawatts [6] - The remaining 174 megawatts at the location are scheduled to come online in Q2 2026 [6]

Core Insights - Bitdeer Technologies Group reported significant growth in Bitcoin production and self-mining hashrate, with a year-over-year increase of 251% in Bitcoin mined, totaling 526 Bitcoins in November 2025 [5][7] - The company is actively scaling its AI cloud services, achieving an Annual Recurring Revenue (ARR) of approximately $10 million, up from $8 million in October 2025, indicating strong market demand [5][6] Operational Update - The total proprietary hash rate deployed increased to 47.3 EH/s in November 2025, up from 41.3 EH/s in October 2025 [3][7] - The cumulative deployment of SEALMINER A2 reached 34.3 EH/s, while SEALMINER A3 saw a deployment of 0.6 EH/s [3] - The total hash rate under management as of November 30, 2025, was 60.3 EH/s, compared to 55.5 EH/s in October 2025 [7] SEALMINER R&D - The SEAL04-1 chip demonstrated improved power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [6] - The company plans to continue deploying SEALMINER mining rigs while retiring older-generation third-party rigs [5] Infrastructure and Operations - Bitdeer has secured a 2 MW AI data center lease in Malaysia, expected to launch by year-end 2025 [6] - The company is actively evaluating U.S. data center leasing opportunities to enhance its AI cloud services, with several projects in various stages of development [10][13] - Total global electrical capacity stands at 2,992 MW, with ongoing projects expected to increase capacity further [13][14] Management Commentary - The Chief Business Officer highlighted expectations to achieve a self-mining hashrate milestone of 50 EH/s by year-end 2025, with continued growth planned through 2026 [7] - The company is focused on scaling its GPU infrastructure to meet the growing demand for high-performance computing [7]

Core Viewpoint - Bernstein Liebhard LLP is reminding investors of Bitdeer Technologies Group about a securities fraud class action lawsuit involving the company, with a deadline for lead plaintiff applications approaching [1]. Group 1: Lawsuit Details - A class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, alleging violations of the Securities Exchange Act of 1934 [3]. - The lawsuit claims that the defendants made misrepresentations regarding the true state of Bitdeer's SEALMINER A4 project [3]. Group 2: Legal Participation - Investors wishing to serve as lead plaintiff must file papers by February 2, 2026, with the role involving acting on behalf of other class members in directing the litigation [4]. - Participation as a lead plaintiff is not required to share in any potential recovery, and shareholders incur no fees or expenses as representation is on a contingency fee basis [4]. Group 3: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [5]. - The firm has been recognized for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].

Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1][2]. Summary by Sections Allegations Against Defendants - The complaint claims that Bitdeer misrepresented its SEAL04 chip design progress, leading to production delays [2] - Bitdeer adopted a "dual-track approach" to create two independent designs to compensate for lost progress, while still assuring the public that production timelines were on track [2] - As a result, statements made by the defendants regarding the company's business and operations were materially false and misleading [2] Lead Plaintiff Process - Investors in Bitdeer can seek to be appointed as lead plaintiff by February 2, 2026, or may choose to remain absent from the class [3] - The lead plaintiff represents the interests of all class members and selects counsel to direct the litigation [3] Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4] - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws related to misleading statements about the company's SEALMINER A4 project and its delayed chip development [2][4]. Financial Performance - Bitdeer reported a third-quarter earnings per share of -$1.28, which significantly missed the consensus estimate of -$0.22, leading to a stock price drop of $2.63 (14.9%) to close at $15.02 on November 11, 2025 [5]. - Following a fire incident at its construction facility, Bitdeer's stock fell an additional $2.83 (20.3%) to close at $11.11 on November 13, 2025 [6]. Legal Proceedings - A federal securities class action has been filed against Bitdeer, with a deadline of February 2, 2026, for investors to seek the role of lead plaintiff [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest who directs and oversees the litigation on behalf of the class [7]. Company Background - Faruqi & Faruqi, LLP is a national securities law firm that has recovered hundreds of millions of dollars for investors since its establishment in 1995 [3].