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BitFuFu to Update Investors at the Emerging Growth Conference on December 11, 2025
Globenewswire· 2025-12-09 16:00
Core Points - BitFuFu Inc. will provide an update to investors at the Emerging Growth Conference on December 11, 2025 [1] - The presentation will be led by Charley Brady, Vice President of Investor Relations, and will include a Q&A session [2] - BitFuFu is recognized as a leading Bitcoin miner and innovator in mining services [5] Company Overview - BitFuFu Inc. is committed to empowering the global Bitcoin network through its cloud mining platform and innovative mining services [5] - The company is rapidly scaling its infrastructure to enhance its market position [5] Conference Details - The Emerging Growth Conference allows public companies to present their products and services to the investment community [6] - The conference targets a wide audience, including individual and institutional investors, investment advisors, and analysts [7] - BitFuFu's presentation is scheduled for 3:55 PM Eastern time and will last for 10 minutes [2]
BTDR Investors Have Opportunity to Lead Bitdeer Technologies Group Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-12-08 20:11
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for alleged violations of securities laws, specifically related to misleading statements about its SEALMINER A4 project [1][5]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, are encouraged to participate in the lawsuit before February 2, 2026 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [4]. Group 2: Allegations Against Bitdeer - The complaint alleges that Bitdeer made false and misleading statements regarding the status of its SEALMINER A4 project [5]. - The company reportedly concealed that its A4 rigs would not be able to utilize the SEAL04 chip for energy efficiency due to the chip not being ready for production [5]. - As a result of these misleading statements, investors suffered damages when the true situation was revealed [5].
The dramatic rise and spectacular fall of my ChatGPT investment portfolio
Yahoo Finance· 2025-12-08 10:30
Three months ago, I fired up ChatGPT and asked it to design a highly aggressive, short-term investment portfolio, selecting five stocks that were most likely to make me fabulously wealthy in six month’s time. Most Read from Fast Company Then, I threw good sense to the wind, transferred $500 of my actual money into a Robinhood account, and bought the stocks that ChatGPT had pitched. Since then, it’s been a wild ride. My portfolio has flown to new heights, giving me serious FOMO about the fact that I did ...
BTDR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bitdeer Technologies Group Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-07 17:00
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group and certain officers for alleged violations of federal securities laws during the defined class period from June 6, 2024, to November 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Bitdeer made materially false and misleading statements while concealing adverse facts about the SEALMINER A4 project [3]. - It is alleged that the SEAL04 chip, which was expected to achieve a chip-level energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs as previously represented [3]. - The complaint also states that mass production of the SEAL04 chip was not anticipated to begin in the second quarter of 2025 as earlier indicated [3]. Group 2: Legal Process - Investors who purchased Bitdeer securities during the class period are encouraged to join the lawsuit, with a deadline to request lead plaintiff status by February 2, 2026 [2][4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].
BTDR DEADLINE: Faruqi & Faruqi Reminds Bitdeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026 - BTDR
Newsfile· 2025-12-07 13:21
Core Viewpoint - Faruqi & Faruqi LLP is investigating potential claims against Bitdeer Technologies Group, reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit against the company [2][4]. Group 1: Legal Action and Investor Information - The class action lawsuit alleges that Bitdeer and its executives violated federal securities laws by making false or misleading statements regarding the efficiency and readiness of their SEALMINER A4 rigs and SEAL04 ASIC chip technology [4]. - Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1][2]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member can move to serve as lead plaintiff [7]. 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, or 14.9%, closing at $15.02 per share on November 11, 2025 [5]. - A subsequent fire incident at Bitdeer's under-construction facility in Ohio on November 11, 2025, led to an additional stock price drop of $2.83, or 20.3%, closing at $11.11 per share on November 13, 2025 [6].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Prnewswire· 2025-12-05 20:10
Core Viewpoint - The complaint against Bitdeer alleges violations of federal securities laws due to misleading statements regarding the SEALMINER A4 project and delays in the development of the SEAL04 chip [2]. Financial Performance - On November 10, 2025, Bitdeer reported unaudited Q3 2025 results with an earnings per share of -$1.28, missing the consensus estimate of -$0.22 [3]. - Following the earnings report, Bitdeer's stock price dropped by $2.63, or 14.9%, closing at $15.02 on November 11, 2025 [3]. Incident Reporting - On November 12, 2025, Bitdeer reported a fire incident at its construction facility in Massillon, Ohio, which occurred on November 11, damaging 2 out of 26 buildings [4]. - The stock price fell further by $2.83, or 20.3%, closing at $11.11 on November 13, 2025, following the fire incident announcement [4]. Legal Proceedings - The lead plaintiff in the class action lawsuit is the investor with the largest financial interest, who will oversee the litigation on behalf of the class [5]. - Any member of the class can apply to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Whistleblower Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Bitdeer's conduct, including whistleblowers and former employees, to come forward [6].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Bitdeer Technologies Group (BTDR) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-12-05 15:36
Core Points - A shareholder class action lawsuit has been filed against Bitdeer Technologies Group alleging that the company made materially false and misleading statements regarding the SEAL04 chip's energy efficiency and its readiness for mass production in A4 rigs [1] - The lawsuit claims that Bitdeer failed to disclose critical information about the SEAL04 chip, which was projected to have an energy efficiency of 5 J/TH and was expected to begin mass production in the second quarter of 2025 [1] Legal Information - Shareholders who purchased Bitdeer shares between June 6, 2024, and November 10, 2025, and suffered significant losses are encouraged to contact legal representatives for assistance [2] - The deadline for shareholders to request to be appointed as lead plaintiff in the case is February 2, 2026 [3]
Cango Inc. Announces November 2025 Bitcoin Production and Mining Operations Update
Prnewswire· 2025-12-05 11:00
Core Insights - Cango Inc. reported a decrease in Bitcoin production for November 2025 compared to October 2025, producing 546.7 BTC down from 602.6 BTC [2] - The company holds a total of 6,959.3 BTC as of the end of November, an increase from 6,412.6 BTC in October [2] - Cango's deployed hashrate remained stable at 50 EH/s, while the average operating hashrate decreased to 44.38 EH/s from 46.09 EH/s [2] Production Metrics - Number of Bitcoin produced in November 2025: 546.7 BTC, down from 602.6 BTC in October 2025 [2] - Average number of Bitcoin produced per day in November 2025: 18.22 BTC, compared to 19.44 BTC in October 2025 [2] - Total number of Bitcoin held at the end of November 2025: 6,959.3 BTC, up from 6,412.6 BTC at the end of October 2025 [2] Operational Highlights - Deployed hashrate for November 2025: 50 EH/s, unchanged from October 2025 [2] - Average operating hashrate for November 2025: 44.38 EH/s, down from 46.09 EH/s in October 2025 [2] - The company has optimized operations to achieve average operating hashrate levels of around 90% [4] Strategic Developments - November 2025 marked the one-year milestone of Cango's strategic transformation, highlighting progress and direction [4] - The company completed its transition to the New York Stock Exchange, enhancing visibility and alignment in the U.S. market [4] - Cango aims to evolve from a leading Bitcoin miner into a global, distributed AI compute network powered by green energy [4] Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa [5] - The company entered the crypto asset space in November 2024, driven by advancements in blockchain technology and the growing adoption of digital assets [5] - Cango also operates an online international used car export business through AutoCango.com [5]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Bitdeer Technologies Group Securities and Sets a Lead Plaintiff Deadline of February 2, 2026
Globenewswire· 2025-12-04 21:44
Core Viewpoint - A class action lawsuit has been initiated against Bitdeer Technologies Group, alleging that the company made misleading statements regarding its SEALMINER A4 project, which may have contributed to significant financial losses for investors [1][2]. Financial Performance - Bitdeer reported a net loss of $266.7 million, or $1.28 per share, for the third quarter of 2025, primarily due to increased operating expenses related to research and development of its ASICs roadmap [3]. - Following the announcement of these financial results, Bitdeer's stock price fell from $17.65 to $15.02, representing a decline of over 14% in a single day [3]. Legal Proceedings - The class action lawsuit, Ismail N. Sakar v. Bitdeer Technologies Group, has been filed in the United States District Court for the Southern District of New York, with a deadline of February 2, 2026, for investors to request lead plaintiff status [1][4]. - The law firm Levi & Korsinsky is representing the aggrieved shareholders and has a history of securing substantial recoveries for investors in similar cases [4][5].
Class action lawsuit targets Bitdeer over SEAL04 chip delays, seeks damages
Yahoo Finance· 2025-12-04 21:43
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group, alleging that the company misled investors regarding the development and timeline of its SEAL04 Bitcoin mining ASIC chip, which is crucial for its SEALMINER A4 mining computer [1][2]. Group 1: Allegations and Lawsuit Details - The lawsuit, filed in the Southern District of New York, claims that Bitdeer executives made false statements about the chip's energy efficiency and production schedule, leading to a significant drop in stock price following the announcement of production delays [2][4]. - The lawsuit seeks damages for investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, during which time the stock price fell by 41% [5]. - The corrective disclosure occurred on November 10, 2025, when Bitdeer reported a net loss of $266.7 million and acknowledged significant delays in the SEAL04 chip's production [6]. Group 2: Product Development Timeline - Bitdeer initially announced the SEAL04 ASIC chip in June 2024, promoting an energy efficiency of "as low as" 5 J/TH, with expectations for availability in Q2 2025 [3]. - Despite claims of being on track for mass production, the lawsuit argues that design issues led to delays, forcing the company to adopt a dual-track approach with two independent designs for the SEAL04 chip [4][7]. - Management later revised the timeline, targeting Q3 2025 for the first tape out of the SEAL04, which was subsequently pushed to Q4 2025, with mass production now expected in Q1 2026 [8].