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Law Offices of Howard G. Smith Encourages Bitdeer Technologies Group (BTDR) Investors To Inquire About Securities Fraud Class Action
Globenewswire· 2025-12-12 01:43
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors regarding its financial performance and the development of its next-generation ASIC chip [1][5]. Financial Performance - On November 10, 2025, Bitdeer reported a per-share loss of $1.28 for Q3 2025, significantly worse than the expected loss of $0.22 [3]. - Following the announcement, Bitdeer's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025 [4]. Lawsuit Details - The lawsuit claims that Bitdeer made materially false and misleading statements throughout the class period, failing to disclose significant adverse facts about its business and operations [5]. - Specifically, the complaint highlights that the development of the SEAL04 chip, which was expected to have a chip-level energy efficiency of 5 J/TH, faced substantial delays, contradicting earlier positive statements made by the company [5].
BTDR Investors Have Opportunity to Lead Bitdeer Technologies Group Securities Fraud Lawsuit
Prnewswire· 2025-12-12 00:19
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, due to alleged misleading statements regarding the company's SEALMINER Bitcoin mining machine [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Bitdeer provided investors with positive information about its SEALMINER A4 rigs and their expected energy efficiency of 5 J/TH while failing to disclose critical facts about the project's true state [5][6]. - Defendants allegedly made false statements that led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [6]. Group 2: Participation Information - 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]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][7].
Portnoy Law Firm Announces Class Action on Behalf of BitDeer Technologies Group Investors
Globenewswire· 2025-12-11 14:00
Core Viewpoint - BitDeer Technologies Group is facing a class action lawsuit due to significant financial losses and operational delays, particularly related to its next-generation ASIC chip development [1][3]. Group 1: Legal Action - The Portnoy Law Firm is advising BitDeer investors to join a class action lawsuit for those who purchased securities between June 6, 2024, and November 10, 2025 [1]. - Investors have until February 2, 2026, to file a lead plaintiff motion [1]. Group 2: Financial Performance - BitDeer reported an earnings per share of -$1.28 for Q3 2025, which was a significant miss compared to the consensus estimate of -$0.22 [3]. - Following the earnings report, BitDeer's stock price dropped by $2.63, or 14.9%, closing at $15.02 per share on November 11, 2025 [3]. Group 3: Operational Issues - The company disclosed that the development of its next-generation Seal 04 ASIC chip is significantly delayed, contributing to investor concerns [3].
Bitdeer Technologies Group Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BTDR
Prnewswire· 2025-12-11 12:39
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for alleged violations of the Securities Exchange Act, specifically regarding misleading statements about the production timeline of the SEAL04 chip and the SEALMINER A4 project [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from June 6, 2024, to November 10, 2025, with a deadline for lead plaintiff appointments set for February 2, 2026 [2]. - The complaint alleges that Bitdeer made false and misleading statements, particularly about the mass production of the SEAL04 chip, which was not expected to begin in Q2 2025 as previously indicated [2]. Group 2: Investor Participation - Shareholders who purchased shares of Bitdeer during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although such an appointment is not necessary to participate in any recovery [2][3].
Bitdeer Technologies Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Bitdeer Technologies Group - BTDR
Globenewswire· 2025-12-11 01:31
Core Viewpoint - Bitdeer Technologies Group is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors have until February 2, 2026, to file lead plaintiff applications in the class action lawsuit against Bitdeer, covering the period from June 6, 2024, to November 10, 2025 [1]. - The lawsuit is pending in the United States District Court for the Southern District of New York, under the case name Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069 [5]. Group 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 of these financial results, Bitdeer's share price dropped from $17.65 to $15.02, a decline of over 14% [4]. Group 3: Investor Support - ClaimsFiler provides a free service for investors to recover funds from securities class action settlements, offering resources to register for claims and access relevant information [6]. - Investors can also upload their portfolio transactional data to receive notifications about securities cases that may affect them [6].
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
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers and acquirers of Bitdeer Technologies Group (NASDAQ: BTDR) securities between June 6, 2024 and November 10, 2025, both dates inclusive (the "Class Period†). Bitdeer is a bitcoin mining and high-performance computing (HPC) data-center infrastructure company. What Now: You may be eligible to participate in the class action against Bitdeer Technologies Group. Shareholders who ...
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
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Bitdeer Technologies Group ("Bitdeer†or "the Company†) (NASDAQ: BTDR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Excha ...
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. ...