between June 6, 2024 and November 10, 2025, inclusive (the "Class Period†).IF YOU ARE AN INVESTOR WHO LOST MONEY ON BITDEER TECHNOLOGIES GROUP (BTDR), CLICK [HERE] TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.What Happened?On November 10, 2025, Bitdeer announced its unaudited financial results for the third quarter of 2025, revealing a per-share loss of $1.28, well below the consensus expectation of a loss of $0.22. The Company also disclosed that development of its next- generation Seal 04 ASIC chip ha ...

Core Viewpoint - Bitdeer Technologies Group is facing a class action lawsuit due to significant financial losses and misleading statements regarding its product development, particularly the Seal 04 ASIC chip, which has been delayed contrary to previous positive assertions [2][4]. Financial Performance - On November 10, 2025, Bitdeer reported a per-share loss of $1.28 for Q3 2025, significantly worse than the expected loss of $0.22, indicating a substantial financial setback for the company [2]. - Following the announcement, Bitdeer's stock price dropped by $2.63, or 14.9%, closing at $15.02 per share on November 11, 2025, reflecting investor reaction to the disappointing results [3]. Product Development Issues - The company disclosed that the development of its next-generation Seal 04 ASIC chip has been substantially delayed, which contradicts earlier positive statements made by Bitdeer regarding the chip's readiness and efficiency [2][4]. - The Seal 04 chip was projected to have a chip-level energy efficiency of 5 J/TH and was expected to be ready for mass production in Q2 2025, but this timeline has not been met [4]. Legal Proceedings - A class action lawsuit has been filed on behalf of investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, with a deadline of February 2, 2026, to file a lead plaintiff motion [1][5]. - The lawsuit alleges that Bitdeer made materially false and misleading statements and failed to disclose adverse facts about its business and operations during the class period [4].

Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors regarding its financial performance and the development of its next-generation ASIC chip [1][5]. Financial Performance - On November 10, 2025, Bitdeer reported a per-share loss of $1.28 for Q3 2025, significantly worse than the expected loss of $0.22 [3]. - Following the announcement, Bitdeer's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025 [4]. Lawsuit Details - The lawsuit claims that Bitdeer made materially false and misleading statements throughout the class period, failing to disclose significant adverse facts about its business and operations [5]. - Specifically, the complaint highlights that the development of the SEAL04 chip, which was expected to have a chip-level energy efficiency of 5 J/TH, faced substantial delays, contradicting earlier positive statements made by the company [5].

Core Viewpoint - Bitdeer Technologies Group is under investigation for potential violations of federal securities laws following disappointing financial results and delays in product development [1][2]. Financial Performance - On November 10, 2025, Bitdeer reported an unaudited loss of $1.28 per share for Q3 2025, significantly worse than the expected loss of $0.22 per share [2]. - The company's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025, as a result of the negative news [3]. Product Development - Bitdeer disclosed substantial delays in the development of its next-generation Seal 04 ASIC chip, which contradicted earlier positive statements made by the company regarding the chip's progress [2].