SEAL04 chip
Search documents
Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Bitdeer Technologies Group (BTDR)
Globenewswire· 2026-01-07 18:24
NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Bitdeer Technologies Group (“Bitdeer” or the “Company”) (NASDAQ: BTDR) securities between June 6, 2024 and November 10, 2025. The Complaint alleges that Defendants failed to disclose that the SEAL04 chip projected to have a chip-le ...
DEADLINE ALERT for BTDR, GAUZ, ITGR, FFIV: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
Globenewswire· 2026-01-07 17:35
BENSALEM, Pa., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to howardsmith@howardsmithl ...
BTDR Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Bitdeer Technologies Group (BTDR) Shareholders of Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2026-01-04 23:50
Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1][2]. Allegations Against Defendants - The complaint claims that Bitdeer misrepresented issues related to the SEAL04 chip design, which caused production delays [2]. - Bitdeer allegedly adopted a "dual-track approach" to create two independent designs to compensate for lost progress, while still assuring the public that production timelines were on track [2]. - As a result of these actions, the statements made by the defendants about the company's business and operations were deemed materially false and misleading [2]. Lead Plaintiff Process - Investors in Bitdeer have until February 2, 2026, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery [3].
BTDR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BitDeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026
Globenewswire· 2026-01-03 12:23
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 financial performance [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility in Ohio, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Statements - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's development and its expected mass production timeline [6].
Kessler Topaz Meltzer & Check, LLP Encourages Bitdeer Technologies Group Investors with Losses to Contact the Firm
Globenewswire· 2025-12-29 23:32
Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1]. Group 1: Allegations Against Bitdeer - The complaint claims that Bitdeer misrepresented issues with its SEAL04 chip design, which caused production delays [2]. - Bitdeer allegedly adopted a "dual-track approach" to create two independent designs to compensate for lost progress, while still assuring the public that production timelines were on track [2]. - As a result of these actions, the statements made by Bitdeer regarding its business and operations were deemed materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in Bitdeer have until February 2, 2026, to seek appointment as a lead plaintiff representative for the class or may choose to remain absent [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and global investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4]. - KTMC operates globally with offices in Pennsylvania and California, representing both individual and institutional investors [4].
Bronstein, Gewirtz & Grossman LLC Urges Bitdeer Technologies Group Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-29 18:06
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 Class Period from June 6, 2024, to November 10, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Bitdeer securities during the specified Class Period [2]. - The Complaint alleges that Defendants made materially false and misleading statements and failed to disclose critical information regarding the SEALMINER A4 project and the SEAL04 chip [3]. - Specific allegations include the concealment of adverse facts about the SEALMINER A4 project, the unavailability of the SEAL04 chip for A4 rigs, and the delay in mass production of the SEAL04 chip, which was not expected to begin in Q2 2025 as previously indicated [3]. Group 2: Next Steps for Investors - Investors affected by the situation have until February 2, 2026, to request appointment as lead plaintiff in the class action [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud class actions [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
TMX Newsfile· 2025-12-28 00:31
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws related to misleading statements about the company's SEALMINER A4 project and its delayed chip production [4][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, to discuss their legal rights [1]. - 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]. - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's production timeline, which was expected to begin mass production in Q2 2025 [4]. Group 2: Financial Performance and Stock Impact - 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 the earnings report, 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 led to another stock price drop of $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6].
BTDR Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Bitdeer Technologies Group (BTDR) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2025-12-26 19:33
Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1] Group 1: Allegations Against Bitdeer - The lawsuit claims that Bitdeer misrepresented issues with its SEAL04 chip design, which caused production delays [2] - Bitdeer allegedly adopted a "dual-track approach" to create two independent designs to compensate for lost progress while continuing to assure the public that production timelines were on track [2] - As a result of these actions, the statements made by Bitdeer regarding its business and operations were deemed materially false and misleading [2] Group 2: Lead Plaintiff Process - Investors in Bitdeer can seek to be appointed as lead plaintiff representatives by February 2, 2026, or may choose to remain absent class members [3] - The lead plaintiff will represent the interests of all class members and select counsel to direct the litigation [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3] Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities-fraud class actions and represents both individual and institutional investors [4] - The firm has achieved significant recoveries in securities litigation and has received numerous accolades for its work [4]
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Globenewswire· 2025-12-24 16:22
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 [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to discuss their legal rights with the firm [4][10]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Information - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's energy efficiency and its expected mass production timeline [6].
Bitdeer Technologies Group (BTDR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-12-23 20:34
Core Viewpoint - The Law Offices of Howard G. Smith is announcing a securities fraud class action lawsuit against Bitdeer Technologies Group, inviting investors who suffered substantial losses to participate in the lawsuit [1]. Group 1: Lawsuit Details - The lawsuit alleges that between June 6, 2024, and November 10, 2025, Bitdeer failed to disclose critical information regarding the SEAL04 chip, which was expected to have a chip-level energy efficiency of 5 J/TH and was projected to be ready for use in A4 rigs with mass production beginning in Q2 2025 [3]. - The complaint claims that the positive statements made by Bitdeer regarding its business, operations, and prospects were materially misleading and lacked a reasonable basis during the relevant time period [3]. Group 2: Participation Information - Investors who suffered losses in Bitdeer Technologies Group are encouraged to contact the Law Offices of Howard G. Smith before February 2, 2026, to participate in the ongoing securities fraud lawsuit [2]. - Interested parties can reach out via email, telephone, or visit the law firm's website for more information regarding their legal rights and the class action [4].