Core Viewpoint - BitDeer Technologies Group is facing a class action lawsuit due to significant financial losses and operational delays, particularly related to its next-generation ASIC chip development [1][3]. Group 1: Legal Action - The Portnoy Law Firm is advising BitDeer investors to join a class action lawsuit for those who purchased securities between June 6, 2024, and November 10, 2025 [1]. - Investors have until February 2, 2026, to file a lead plaintiff motion [1]. Group 2: Financial Performance - BitDeer reported an earnings per share of -$1.28 for Q3 2025, which was a significant miss compared to 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 per share on November 11, 2025 [3]. Group 3: Operational Issues - The company disclosed that the development of its next-generation Seal 04 ASIC chip is significantly delayed, contributing to investor concerns [3].

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Bitdeer Technologies Group regarding potential securities fraud or unlawful business practices [1] Financial Performance - Bitdeer reported unaudited financial results for Q3 2025, with earnings per share of -$1.28, significantly missing the consensus estimate of -$0.22 [2] - 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 [2] Operational Issues - Bitdeer disclosed a significant delay in the development of its next-generation Seal 04 ASIC chip [2] - A fire incident occurred at Bitdeer's under-construction facility in Massillon, Ohio, damaging 2 of the 26 buildings [2] - The stock price dropped further by $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025, following the fire incident [2]

Core Insights - Bitdeer Technologies Group is under investigation for possible violations of federal securities laws by Levi & Korsinsky [1] - The company reported a significant earnings miss for Q3 2025, with an earnings per share of -$1.28 compared to the consensus estimate of -$0.22 [2] - Bitdeer announced delays in the development of its next-generation Seal 04 ASIC chip, which may impact future performance [2] - Following the earnings report and news of the delays, Bitdeer's stock price dropped over 14% on November 11, 2025 [2] Company Performance - Bitdeer reported unaudited financial results for Q3 2025, highlighting a substantial loss in earnings per share [2] - The company faced significant operational challenges, particularly with the delay in the development of its ASIC chip [2] Market Reaction - The stock price of Bitdeer fell by more than 14% in response to the negative earnings report and the announcement of delays [2]