SAN DIEGO, Jan. 27, 2026 /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 ...

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Bitdeer Technologies Group (NASDAQ: BTDR) securities between June 6, 2024, and November 10, 2025, alleging that the company misled investors regarding its business prospects [1][2]. Group 1: Allegations and Business Prospects - The lawsuit claims that Bitdeer created a false impression of having reliable information about the development of its fourth-generation SEALMINER A4 machine, which was expected to enhance revenue through self-mining and external sales in fiscal year 2025 [2]. - It is alleged that Bitdeer repeatedly stated that the research and development of the SEAL04 ASIC chip technology was on track, with mass production anticipated in the second quarter of 2025. However, there were significant issues with the chip design that led to delays and a dual-track approach in development [2]. Group 2: Financial Impact - 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 the R&D of its ASIC roadmap. Following this announcement, the stock price fell over 14%, from $17.65 per share to $15.02 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by February 2, 2026. They can also choose to remain absent class members without participating in the case [4].

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]. Group 1: Allegations and Business Prospects - The complaint claims that Bitdeer created a false impression of having reliable information about the development of 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 was asserted that the company consistently communicated that the SEAL04 research and development was on track for mass production in the second quarter of 2025, despite facing design issues that led to delays and a dual-track approach in production [2]. Group 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 the R&D of its ASIC roadmap [3]. - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, dropping from $17.65 per share to $15.02 per share the next day [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by February 2, 2026, to serve as lead plaintiff, representing other class members in the litigation [4]. - It is noted that shareholders do not need to participate in the case to be eligible for recovery, and they can remain absent class members if they choose [4].

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]

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].