Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Bitdeer Technologies Group (BTDR)

Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for failing to disclose critical information regarding its SEAL04 chip and its financial performance, leading to significant stock price decline [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York on behalf of individuals or entities that acquired Bitdeer securities between June 6, 2024, and November 10, 2025 [1]. - The complaint alleges that Bitdeer did not disclose that the SEAL04 chip, expected to have an energy efficiency of 5 J/TH, would be ready for use in A4 rigs with mass production anticipated to start in Q2 2025 [2]. Group 2: Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, equating to $1.28 per share, primarily due to increased operating expenses related to research and development of its ASICs roadmap [2]. - Following the financial results announcement, Bitdeer's stock price fell from $17.65 per share to $15.02 per share, marking a decline of over 14% [2]. Group 3: Investor Information - Investors who purchased Bitdeer shares are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on February 2, 2026 [3].