Securities Fraud Investigation Into Bitdeer Technologies Group (BTDR) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
BITDEERBITDEER(US:BTDR) Businesswire·2025-12-08 18:12

Core Viewpoint - Bitdeer Technologies Group is under investigation for potential violations of federal securities laws following disappointing financial results and delays in product development [1][2]. Financial Performance - On November 10, 2025, Bitdeer reported an unaudited loss of $1.28 per share for Q3 2025, significantly worse than the expected loss of $0.22 per share [2]. - The company's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025, as a result of the negative news [3]. Product Development - Bitdeer disclosed substantial delays in the development of its next-generation Seal 04 ASIC chip, which contradicted earlier positive statements made by the company regarding the chip's progress [2].

BITDEER-Securities Fraud Investigation Into Bitdeer Technologies Group (BTDR) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz - Reportify