Core Viewpoint - The complaint against Bitdeer alleges violations of federal securities laws due to misleading statements regarding the SEALMINER A4 project and delays in the development of the SEAL04 chip [2]. Financial Performance - On November 10, 2025, Bitdeer reported unaudited Q3 2025 results with an earnings per share of -$1.28, missing 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 on November 11, 2025 [3]. Incident Reporting - On November 12, 2025, Bitdeer reported a fire incident at its construction facility in Massillon, Ohio, which occurred on November 11, damaging 2 out of 26 buildings [4]. - The stock price fell further by $2.83, or 20.3%, closing at $11.11 on November 13, 2025, following the fire incident announcement [4]. Legal Proceedings - The lead plaintiff in the class action lawsuit is the investor with the largest financial interest, who will oversee the litigation on behalf of the class [5]. - Any member of the class can apply to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Whistleblower Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Bitdeer's conduct, including whistleblowers and former employees, to come forward [6].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies