Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's SEALMINER A4 project and its delayed chip development [5][6]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi is encouraging investors who suffered losses in Bitdeer to contact them for discussing legal options, particularly for those who purchased securities between June 6, 2024, and November 10, 2025 [1][2]. - 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]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a significant earnings miss for Q3 2025, with earnings per share at -$1.28 compared to the consensus estimate of -$0.22, leading to a stock price drop of $2.63 (14.9%) to close at $15.02 on November 11, 2025 [6]. - Following a fire incident at its construction facility, Bitdeer's stock fell further by $2.83 (20.3%) to close at $11.11 on November 13, 2025 [7]. Group 3: Company Operations and Project Delays - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's development, which was expected to be ready for mass production in Q2 2025 [5]. - The company has faced significant operational challenges, including delays in the development of its next-generation Seal 04 ASIC chip [6].
SHAREHOLDER DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BitDeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026