BITDEER(US:BTDR) Businesswire·2025-12-21 14:40Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's SEALMINER A4 project and its ASIC chip technology [3][4]. Group 1: Allegations and Legal Action - The complaint alleges that Bitdeer and its executives made false and misleading statements about the energy efficiency of their SEAL04 ASIC chip, which was projected to have an efficiency of 5 J/TH, and failed to disclose delays in the mass production of the A4 rigs [3]. - Investors are reminded of the February 2, 2026 deadline to seek the role of lead plaintiff in the federal securities class action against Bitdeer [1][6]. Group 2: Financial Performance and Stock Impact - On November 10, 2025, Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, and disclosed significant delays in the development of its next-generation Seal 04 ASIC chip [4]. - Following the earnings report, Bitdeer's stock price fell by $2.63, or 14.9%, closing at $15.02 on November 11, 2025 [4]. - A fire incident at Bitdeer's under-construction facility in Ohio on November 11, 2025, led to another stock price drop of $2.83, or 20.3%, closing at $11.11 on November 13, 2025 [5].