SEAL04 ASIC chip
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SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Prnewswire· 2025-12-17 14:45
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Bitdeer To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Bitdeer between June 6, 2024 and November 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Dec. 17, 2025 /PRNewswire/ -- Faruqi & Faruqi ...
BTDR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
TMX Newsfile· 2025-12-16 16:02
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Bitdeer To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Bitdeer between June 6, 2024 and November 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - December 16, 202 ...
Bitdeer Technologies Group Stockholders with Large Losses Should Contact Robbins LLP for Information About the Securities Class Action Lawsuit Against BTDR
Prnewswire· 2025-12-15 22:11
SAN DIEGO, Dec. 15, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Bitdeer Technologies Group (NASDAQ: BTDR) securities between June 6, 2024 and November 10, 2025. Bitdeer is a Bitcoin mining and high-performance computing (HPC) data-center infrastructure company with locations in Singapore, the United States, Bhutan, and Norway. For more information, submit a form, email attorney Aaron Dumas, Jr., or give u ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2025-12-15 17:44
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Bitdeer Technologies Group (NASDAQ: BTDR) between June 6, 2024 and November 10, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2026. SO WHAT: If you purchased Bitdeer securities during the Class Per ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2025-12-12 20:14
NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Bitdeer Technologies Group (NASDAQ: BTDR) between June 6, 2024 and November 10, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2026. SO WHAT: If you purchased Bitdeer securities during the Class Pe ...
BTDR Investors Have Opportunity to Lead Bitdeer Technologies Group Securities Fraud Lawsuit
Prnewswire· 2025-12-12 00:19
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, due to alleged misleading statements regarding the company's SEALMINER Bitcoin mining machine [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Bitdeer provided investors with positive information about its SEALMINER A4 rigs and their expected energy efficiency of 5 J/TH while failing to disclose critical facts about the project's true state [5][6]. - Defendants allegedly made false statements that led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [6]. Group 2: Participation Information - Investors who purchased Bitdeer securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][7].
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].
Investor Notice: Robbins LLP Informs Investors of the Bitdeer Technologies Group Securities Class Action
Prnewswire· 2025-12-06 04:17
Core Insights - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors about its business prospects and the development of its SEALMINER A4 machine [1][2] Allegations - The complaint claims that Bitdeer misrepresented its progress on the SEAL04 ASIC chip technology, which was expected to enhance energy efficiency and increase revenue through self-mining and external sales in fiscal year 2025 [2] - It is alleged that the company faced issues with the SEAL04 chip design, leading to delays in production and a dual-track approach to ensure mass production [2] Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to R&D of its ASIC roadmap [3] - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, from $17.65 per share to $15.02 per share [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by February 2, 2026, but participation is not required to be eligible for recovery [4] Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance since 2002 [5]
BTDR Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Bitdeer Technologies Group
Globenewswire· 2025-12-05 22:49
Core Viewpoint - A class action has been filed against Bitdeer Technologies Group, alleging that the company misled investors regarding its business prospects and the development of its SEALMINER A4 machine [1][2]. Allegations - The complaint claims that Bitdeer created a false impression of having reliable information about the SEAL04 ASIC chip technology, which was expected to enhance revenue through self-mining and external sales in fiscal year 2025 [2]. - It is alleged that the company misrepresented the progress of the SEAL04 chip design, which ultimately led to delays in production and a dual-track approach to ensure mass production [2]. Financial Results - On November 10, 2025, Bitdeer announced a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to R&D of its ASIC roadmap [3]. - Following the announcement, Bitdeer's stock price fell over 14%, from $17.65 per share to $15.02 per share [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Bitdeer, with a deadline to file as lead plaintiff by February 2, 2026 [4]. - Shareholders can choose to remain absent class members without participating in the case [4]. Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [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].