Core Points - A securities class action lawsuit has been filed against Bitdeer Technologies Group for failing to disclose material information during the class period from June 6, 2024, to November 10, 2025 [1][3] - The lawsuit is pending in the United States District Court for the Southern District of New York, and investors have until February 2, 2026, to file lead plaintiff applications [1][2] Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, attributed to increased operating expenses related to research and development of its ASICs roadmap [4] - Following the announcement, Bitdeer's share price dropped from $17.65 to $15.02, marking a decline of over 14% [4] Legal Context - The case is titled Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069 [5] - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]
Bitdeer Technologies Group Securities Fraud Class Action Result of Undisclosed Financial Problems and 14% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF