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Rosen Law Firm Urges Bitdeer Technologies Group (NASDAQ: BTDR) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2025-12-10 18:00
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Bitdeer Technologies Group, alleging that the company misled investors regarding its business operations and the state of its SEALMINER A4 project [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that Bitdeer provided investors with optimistic information about its SEALMINER Bitcoin mining machine, including confidence in mass production of its fourth-generation SEALMINER (A4) rigs using SEAL04 ASIC chip technology, which was expected to achieve energy efficiency as low as 5 J/TH [3]. - Defendants allegedly failed to disclose that the SEAL04 chip, projected to have the claimed energy efficiency, would not be ready for use in the A4 rigs until mass production was expected to begin in the second quarter of 2025, leading to artificially inflated security prices [4]. Group 2: Legal Proceedings and Participation - Shareholders may be eligible to participate in the class action against Bitdeer Technologies Group, with a deadline for filing motions to serve as lead plaintiff set for February 2, 2026 [5]. - A lead plaintiff represents other class members in directing the litigation, and shareholders can remain absent class members if they choose not to participate [5]. Group 3: About Rosen Law Firm - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [7].
Bitdeer Technologies Group Securities Fraud Class Action Result of Undisclosed Financial Problems and 14% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF
Globenewswire· 2025-12-10 03:50
Core Points - A securities class action lawsuit has been filed against Bitdeer Technologies Group for failing to disclose material information during the class period from June 6, 2024, to November 10, 2025 [1][3] - The lawsuit is pending in the United States District Court for the Southern District of New York, and investors have until February 2, 2026, to file lead plaintiff applications [1][2] Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, attributed to increased operating expenses related to research and development of its ASICs roadmap [4] - Following the announcement, Bitdeer's share price dropped from $17.65 to $15.02, marking a decline of over 14% [4] Legal Context - The case is titled Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069 [5] - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]
BTDR Investors Have Opportunity to Lead Bitdeer Technologies Group Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-12-08 20:11
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for alleged violations of securities laws, specifically related to misleading statements about its SEALMINER A4 project [1][5]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, are encouraged to participate in the lawsuit before February 2, 2026 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [4]. Group 2: Allegations Against Bitdeer - The complaint alleges that Bitdeer made false and misleading statements regarding the status of its SEALMINER A4 project [5]. - The company reportedly concealed that its A4 rigs would not be able to utilize the SEAL04 chip for energy efficiency due to the chip not being ready for production [5]. - As a result of these misleading statements, investors suffered damages when the true situation was revealed [5].
Securities Fraud Investigation Into Bitdeer Technologies Group (BTDR) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-12-08 18:38
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Bitdeer Technologies Group ("Bitdeer†or the "Company†) (NASDAQ: BTDR) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON BITDEER (BTDR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On November. ...
Bitdeer Technologies Group (BTDR) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Businesswire· 2025-12-08 18:34
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Bitdeer Technologies Group ("Bitdeer†or the "Company†) (NASDAQ: BTDR) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BITDEER (BTDR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email. ...
Securities Fraud Investigation Into Bitdeer Technologies Group (BTDR) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-12-08 18:12
Core Viewpoint - Bitdeer Technologies Group is under investigation for potential violations of federal securities laws following disappointing financial results and delays in product development [1][2]. Financial Performance - On November 10, 2025, Bitdeer reported an unaudited loss of $1.28 per share for Q3 2025, significantly worse than the expected loss of $0.22 per share [2]. - The company's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025, as a result of the negative news [3]. Product Development - Bitdeer disclosed substantial delays in the development of its next-generation Seal 04 ASIC chip, which contradicted earlier positive statements made by the company regarding the chip's progress [2].
BITDEER TECHNOLOGIES GROUP (NASDAQ: BTDR) INVESTOR ALERT Investors With Large Losses in Bitdeer Technologies Group Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2025-12-08 15:15
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Bitdeer Technologies Group, alleging misrepresentations regarding the company's SEALMINER A4 project during the class period from June 6, 2024, to November 10, 2025 [1][2]. Group 1 - The lawsuit represents investors who purchased or acquired Bitdeer securities during the specified class period [1]. - Defendants are accused of making false statements about the true state of Bitdeer's SEALMINER A4 project [2]. - Interested parties can file to serve as lead plaintiff by February 2, 2026, with no fees or expenses required from shareholders [3]. Group 2 - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has represented both individual investors and large pension funds [4]. - The firm has been recognized multiple times 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 [4].
BTDR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bitdeer Technologies Group Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-07 17:00
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group and certain officers for alleged violations of federal securities laws during the defined class period from June 6, 2024, to November 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Bitdeer made materially false and misleading statements while concealing adverse facts about the SEALMINER A4 project [3]. - It is alleged that the SEAL04 chip, which was expected to achieve a chip-level energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs as previously represented [3]. - The complaint also states that mass production of the SEAL04 chip was not anticipated to begin in the second quarter of 2025 as earlier indicated [3]. Group 2: Legal Process - Investors who purchased Bitdeer securities during the class period are encouraged to join the lawsuit, with a deadline to request lead plaintiff status by February 2, 2026 [2][4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].
BTDR DEADLINE: Faruqi & Faruqi Reminds Bitdeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026 - BTDR
Newsfile· 2025-12-07 13:21
Core Viewpoint - Faruqi & Faruqi LLP is investigating potential claims against Bitdeer Technologies Group, reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit against the company [2][4]. Group 1: Legal Action and Investor Information - The class action lawsuit alleges that Bitdeer and its executives violated federal securities laws by making false or misleading statements regarding the efficiency and readiness of their SEALMINER A4 rigs and SEAL04 ASIC chip technology [4]. - Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1][2]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member can move to serve as lead plaintiff [7]. Group 2: Financial Performance and Stock Impact - On November 10, 2025, Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, and disclosed significant delays in the development of its next-generation Seal 04 ASIC chip [5]. - Following this announcement, Bitdeer's stock price fell by $2.63, or 14.9%, closing at $15.02 per share on November 11, 2025 [5]. - A subsequent fire incident at Bitdeer's under-construction facility in Ohio on November 11, 2025, led to an additional stock price drop of $2.83, or 20.3%, closing at $11.11 per share on November 13, 2025 [6].
Investor Notice: Robbins LLP Informs Investors of the Bitdeer Technologies Group Securities Class Action
Prnewswire· 2025-12-06 04:17
Core Insights - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors about its business prospects and the development of its SEALMINER A4 machine [1][2] Allegations - The complaint claims that Bitdeer misrepresented its progress on 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 is alleged that the company faced issues with the SEAL04 chip design, leading to delays in production and a dual-track approach to ensure mass production [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 R&D of its ASIC roadmap [3] - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, from $17.65 per share to $15.02 per share [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by February 2, 2026, but participation is not required to be eligible for recovery [4] Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance since 2002 [5]