BITDEER(BTDR)
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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]
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Globenewswire· 2025-12-24 16:22
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 delayed chip development [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 discuss their legal rights with the firm [4][10]. 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, 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 Information - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's energy efficiency and its expected mass production timeline [6].
Bitdeer Technologies Group (BTDR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-12-23 20:34
Core Viewpoint - The Law Offices of Howard G. Smith is announcing a securities fraud class action lawsuit against Bitdeer Technologies Group, inviting investors who suffered substantial losses to participate in the lawsuit [1]. Group 1: Lawsuit Details - The lawsuit alleges that between June 6, 2024, and November 10, 2025, Bitdeer failed to disclose critical information regarding the SEAL04 chip, which was expected to have a chip-level energy efficiency of 5 J/TH and was projected to be ready for use in A4 rigs with mass production beginning in Q2 2025 [3]. - The complaint claims that the positive statements made by Bitdeer regarding its business, operations, and prospects were materially misleading and lacked a reasonable basis during the relevant time period [3]. Group 2: Participation Information - Investors who suffered losses in Bitdeer Technologies Group are encouraged to contact the Law Offices of Howard G. Smith before February 2, 2026, to participate in the ongoing securities fraud lawsuit [2]. - Interested parties can reach out via email, telephone, or visit the law firm's website for more information regarding their legal rights and the class action [4].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2025-12-23 02:05
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] - To serve as lead plaintiff, individuals must file a motion with the Court by February 2, 2026 [3] Group 2: Rosen Law Firm's 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]
Bitdeer leases Nevada factory for U.S. ASIC miner manufacturing
Yahoo Finance· 2025-12-22 15:11
Core Insights - Bitdeer Technologies Group is establishing a bitcoin mining ASIC manufacturing facility near Reno, Nevada, to enhance its production capabilities and address operational challenges [1][2] Group 1: Facility and Expansion - Bitdeer has leased 187,632 square feet of industrial space in Sparks, Nevada, for the production of its SEALMINER bitcoin mining computer line [2] - The facility will serve as Bitdeer's primary U.S. assembly hub for mining rigs, with customized improvements to support manufacturing [3][4] - The location was chosen for its logistics capabilities, workforce availability, and business-friendly environment, which includes proximity to Silicon Valley and access to a skilled labor pool [4] Group 2: Operational Challenges - The company is facing delays in the design of its SEAL04 ASIC chip for the SEALMINER A4, which did not meet performance expectations, prompting plans for an improved version [5] - Bitdeer is under legal scrutiny due to a class action lawsuit alleging misleading information regarding the production schedule of the SEAL04 ASIC chip, with claims that the company assured investors of timely mass production by 2025 [6] Group 3: Market Reaction - Following the announcement of the new manufacturing facility, Bitdeer's shares rose by 3.68% at market open [7]
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Bitdeer Technologies Group (NASDAQ: BTDR)
Globenewswire· 2025-12-22 13:15
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Bitdeer Technologies Group for alleged misrepresentations regarding the company's SEALMINER A4 project during the class period from June 6, 2024, to November 10, 2025 [1][3]. Group 1 - The lawsuit represents investors who purchased or acquired Bitdeer securities during the specified class period [1]. - The defendants are accused of making false statements about the true state of Bitdeer's SEALMINER A4 project [3]. - Interested parties can join the class action or discuss their legal rights by contacting the Investor Relations Manager [3][4]. Group 2 - The deadline to file papers to serve as lead plaintiff for the class is February 2, 2026 [4]. - Serving as a lead plaintiff is not required to share in any potential recovery from the lawsuit [4]. - All legal representation in this case is on a contingency fee basis, meaning shareholders will not incur fees or expenses [4]. Group 3 - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has been recognized for its success in litigating class actions [5].
BTDR REMINDER: Kessler Topaz Meltzer & Check, LLP Urges BTDR Investors with Losses to Contact the Firm
Globenewswire· 2025-12-21 14:53
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 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 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 [3]. - A lead plaintiff acts on behalf of all class members 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 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 in this field [4].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Bitdeer Technologies
Businesswire· 2025-12-21 14:40
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's SEALMINER A4 project and its ASIC chip technology [3][4]. Group 1: Allegations and Legal Action - The complaint alleges that Bitdeer and its executives made false and misleading statements about the energy efficiency of their SEAL04 ASIC chip, which was projected to have an efficiency of 5 J/TH, and failed to disclose delays in the mass production of the A4 rigs [3]. - Investors are reminded of the February 2, 2026 deadline to seek the role of lead plaintiff in the federal securities class action against Bitdeer [1][6]. 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 [4]. - Following the earnings report, Bitdeer's stock price fell by $2.63, or 14.9%, closing at $15.02 on November 11, 2025 [4]. - A fire incident at Bitdeer's under-construction facility in Ohio on November 11, 2025, led to another stock price drop of $2.83, or 20.3%, closing at $11.11 on November 13, 2025 [5].
Class Action Announcement for Bitdeer Technologies Group Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Bitdeer Technologies Group - Contact Kessler Topaz Meltzer & Check, LLP
Prnewswire· 2025-12-20 15:17
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, the 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 choose to remain absent from the class [3] - The lead plaintiff will represent 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 [3] About Kessler Topaz Meltzer & Check, LLP - 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 strong track record in securities litigation and has received numerous accolades for its work [4] - KTMC operates globally with offices in Pennsylvania and California [4]