BITDEER(US:BTDR) Globenewswire·2025-12-12 20:14Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly providing misleading information regarding its SEALMINER Bitcoin mining machine, leading to inflated securities prices during the class period from June 6, 2024, to November 10, 2025 [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Bitdeer provided investors with optimistic statements about the mass production of its fourth-generation SEALMINER (A4) rigs, which were expected to utilize a new ASIC chip technology with energy efficiency as low as 5 J/TH [5][6]. - Defendants allegedly failed to disclose critical information about the readiness of the SEAL04 chip for the A4 rigs, which was not expected to begin mass production until the second quarter of 2025 [6]. - The misleading statements reportedly caused investors to purchase Bitdeer securities at artificially inflated prices, resulting in damages when the true state of the project was revealed [6]. Group 2: Class Action Participation - Investors who purchased Bitdeer securities during the class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][7]. - A lead plaintiff is needed to represent the class, and interested individuals must file their motion by February 2, 2026 [1][3].