Workflow
BITDEER(BTDR)
icon
Search documents
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2026-01-05 00:59
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the February 2, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is February 2, 2026, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their experience and recognition in the field [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions of dollars for investors [4]. Group 3: Case Background - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically concerning the production timeline and energy efficiency of its SEAL04 chip technology [5]. - Defendants are accused of failing to disclose critical information about the readiness of the SEAL04 chip, which misled investors and resulted in the purchase of securities at inflated prices [5].
BTDR Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Bitdeer Technologies Group (BTDR) Shareholders of Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2026-01-04 23:50
Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1][2]. Allegations Against Defendants - The complaint claims that Bitdeer misrepresented issues related to the SEAL04 chip design, which caused production delays [2]. - Bitdeer allegedly 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 of these actions, the statements made by the defendants about the company's business and operations were deemed materially false and misleading [2]. Lead Plaintiff Process - Investors in Bitdeer have until February 2, 2026, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery [3].
BTDR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BitDeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026
Globenewswire· 2026-01-03 12:23
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's SEALMINER A4 project and its financial performance [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility in Ohio, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Statements - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's development and its expected mass production timeline [6].
ROSEN, A LEADING LAW FIRM, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2025-12-31 22:09
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the upcoming lead plaintiff deadline on February 2, 2026 [1] Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3] - Investors wishing to serve as lead plaintiff must file with the Court by February 2, 2026 [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [4] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Specifics - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically about the mass production and energy efficiency of its SEAL04 chip technology [5] - Defendants are accused of failing to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production was expected to begin in Q2 2025 [5] - These misleading statements led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [5]
Kessler Topaz Meltzer & Check, LLP Encourages Bitdeer Technologies Group Investors with Losses to Contact the Firm
Globenewswire· 2025-12-29 23:32
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]. Group 1: Allegations Against Bitdeer - The complaint claims that Bitdeer misrepresented issues with its SEAL04 chip design, which caused production delays [2]. - Bitdeer allegedly 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 of these actions, the statements made by Bitdeer regarding its business and operations were deemed materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in Bitdeer have until February 2, 2026, to seek appointment as a lead plaintiff representative for the class or may choose to remain absent [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and global investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4]. - KTMC operates globally with offices in Pennsylvania and California, representing both individual and institutional investors [4].
Bronstein, Gewirtz & Grossman LLC Urges Bitdeer Technologies Group Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-29 18:06
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 Class Period from June 6, 2024, to November 10, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Bitdeer securities during the specified Class Period [2]. - The Complaint alleges that Defendants made materially false and misleading statements and failed to disclose critical information regarding the SEALMINER A4 project and the SEAL04 chip [3]. - Specific allegations include the concealment of adverse facts about the SEALMINER A4 project, the unavailability of the SEAL04 chip for A4 rigs, and the delay in mass production of the SEAL04 chip, which was not expected to begin in Q2 2025 as previously indicated [3]. Group 2: Next Steps for Investors - Investors affected by the situation have until February 2, 2026, to request appointment as lead plaintiff in the class action [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud class actions [6].
Here is Why Bitdeer Technologies (BTDR) is Favored by Hedge Funds
Yahoo Finance· 2025-12-29 13:47
Group 1: Company Performance and Ratings - Bitdeer Technologies (NASDAQ:BTDR) is highly regarded by hedge funds as one of the best bitcoin mining stocks to buy, with a consensus of 11 analysts all assigning Buy ratings despite a 47% drop in share price during 2025 [1] - The consensus 1-year average price target for Bitdeer Technologies stands at $32.55, indicating an upside potential of 183.3% [1] - Analyst Brett Knoblauch from Cantor Fitzgerald reaffirmed a bullish view on Bitdeer Technologies, assigning a price target of $34, which implies a potential upside of 196% [2] Group 2: Production and Growth Metrics - In November 2025, Bitdeer Technologies reported a significant increase in self-mining hashrate to 45.7 EH/s and produced 526 bitcoins, reflecting a year-on-year growth of 251% [3] - The growth in bitcoin production was primarily driven by the efficient use of SEALMINER mining rigs [3] Group 3: Business Expansion and Revenue Growth - The management of Bitdeer Technologies is expanding its AI cloud capabilities through new data center infrastructure, including development plans in Malaysia [4] - The company reported a $10 million increase in annual recurring revenues due to its expansion into new areas [4] Group 4: Business Model Overview - Bitdeer Technologies offers comprehensive bitcoin mining capabilities, including self-mining and services for external customers, effectively utilizing SEALMINER rigs to enhance its hashrate [5] - The company also designs chips and operates data centers, further diversifying its business model [5]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2025-12-28 17:24
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the upcoming lead plaintiff deadline on February 2, 2026 [1] Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][7] - Investors wishing to serve as lead plaintiff must file with the Court by February 2, 2026 [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [4] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Specifics - The lawsuit alleges that defendants provided misleading information regarding Bitdeer's SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs [5] - Defendants failed to disclose that the SEAL04 chip, expected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production began in Q2 2025, leading to artificially inflated security prices [6]
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
TMX Newsfile· 2025-12-28 00:31
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 production [4][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, to discuss their legal rights [1]. - 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]. - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's production timeline, which was expected to begin mass production in Q2 2025 [4]. Group 2: Financial Performance and Stock Impact - 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 the earnings report, Bitdeer's stock price fell by $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [5]. - A subsequent fire incident at Bitdeer's under-construction facility in Ohio led to another stock price drop of $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6].
BTDR Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Bitdeer Technologies Group (BTDR) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2025-12-26 19:33
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] Group 1: Allegations Against Bitdeer - The lawsuit claims that Bitdeer misrepresented issues with its SEAL04 chip design, which caused production delays [2] - Bitdeer allegedly adopted a "dual-track approach" to create two independent designs to compensate for lost progress while continuing to assure the public that production timelines were on track [2] - As a result of these actions, the statements made by Bitdeer regarding its business and operations were deemed materially false and misleading [2] Group 2: Lead Plaintiff Process - Investors in Bitdeer can seek to be appointed as lead plaintiff representatives by February 2, 2026, or may choose to remain absent class members [3] - The lead plaintiff will represent the interests of all class members and select counsel to direct the litigation [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3] Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities-fraud class actions and represents both individual and institutional investors [4] - The firm has achieved significant recoveries in securities litigation and has received numerous accolades for its work [4]