INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
BITDEERBITDEER(US:BTDR) TMX Newsfile·2025-12-28 00:31

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws related to misleading statements about the company's SEALMINER A4 project and its delayed chip production [4][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Bitdeer, with a deadline of February 2, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's production timeline, which was expected to begin mass production in Q2 2025 [4]. Group 2: Financial Performance and Stock Impact - 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 [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]. - A subsequent fire incident at Bitdeer's under-construction facility in Ohio led to another stock price drop of $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6].