BITDEER(US:BTDR) Prnewswire·2025-12-17 14:45Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, encouraging affected investors to come forward before the February 2, 2026 deadline for lead plaintiff applications [2][4]. Group 1: Allegations and Financial Performance - The complaint alleges that Bitdeer and its executives made false or misleading statements regarding the mass production of their fourth-generation SEALMINER (A4) rigs, specifically about the expected energy efficiency of the SEAL04 ASIC chip [4]. - Bitdeer reported a third-quarter 2025 earnings per share of -$1.28, significantly missing the consensus estimate of -$0.22, and disclosed delays in the development of the next-generation Seal 04 ASIC chip [5]. - Following the earnings report, Bitdeer's stock price fell by $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [5]. Group 2: Incident and Stock Impact - On November 12, 2025, Bitdeer reported a fire incident at its under-construction facility in Massillon, Ohio, which caused damage to 2 of the 26 buildings [6]. - The stock price dropped another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025, following the fire incident announcement [6]. Group 3: Legal Proceedings and Investor Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of class members, overseeing the litigation on behalf of the class [7]. - Faruqi & Faruqi encourages anyone with information regarding Bitdeer's conduct, including whistleblowers and former employees, to contact the firm [8].