BITDEER(US:BTDR) Prnewswire·2026-01-06 16:01Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Allegations Against Bitdeer - The complaint alleges that Bitdeer and its executives made false and misleading statements regarding the mass production of its fourth-generation SEALMINER (A4) rigs, specifically about the expected energy efficiency of the SEAL04 ASIC chip [4]. - It is claimed that Bitdeer failed to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in A4 rigs until mass production was expected to begin in Q2 2025 [4]. 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 [5]. - Following this announcement, 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 on November 11, 2025, led to another stock price drop of $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6]. Group 3: Legal Proceedings and Class Action - Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, are reminded of the February 2, 2026 deadline to seek the role of lead plaintiff in the federal securities class action against the company [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7]. Group 4: Call for Information - Faruqi & Faruqi encourages anyone with information regarding Bitdeer's conduct, including whistleblowers and former employees, to contact the firm [8].