Core Viewpoint - A class action lawsuit has been initiated against Bitdeer Technologies Group, alleging that the company made misleading statements regarding its SEALMINER A4 project, which may have contributed to significant financial losses for investors [1][2]. Financial Performance - Bitdeer reported a net loss of $266.7 million, or $1.28 per share, for the third quarter of 2025, primarily due to increased operating expenses related to research and development of its ASICs roadmap [3]. - Following the announcement of these financial results, Bitdeer's stock price fell from $17.65 to $15.02, representing a decline of over 14% in a single day [3]. Legal Proceedings - The class action lawsuit, Ismail N. Sakar v. Bitdeer Technologies Group, has been filed in the United States District Court for the Southern District of New York, with a deadline of February 2, 2026, for investors to request lead plaintiff status [1][4]. - The law firm Levi & Korsinsky is representing the aggrieved shareholders and has a history of securing substantial recoveries for investors in similar cases [4][5].
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Bitdeer Technologies Group Securities and Sets a Lead Plaintiff Deadline of February 2, 2026