Reminder: Bitdeer Investors Encouraged to Be Aware of Ongoing Class Action Lawsuit
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson urges individuals who have incurred losses in Bitdeer to reach out to him directly for a discussion regarding their options. If one has bought or acquired securities in Bitdeer between June 6, 2024, and November 10, 2025, they should contact Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).
Faruqi & Faruqi, LLP, an eminent national securities law firm, is exploring potential claims against Bitdeer Technologies Group (NASDAQ: BTDR). Investors are reminded of the deadline on February 2, 2026, to pursue the role of lead plaintiff in a federal securities class action against the Company.
Founded in 1995, Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California, and Georgia. The firm has achieved the recovery of substantial amounts for investors over the years.
The lawsuit asserts that Bitdeer and its executives breached federal securities laws by providing false and misleading statements or failing to reveal the actual status of Bitdeer’s SEALMINER A4 project. Particularly, Defendants neglected to disclose the readiness of the SEAL04 chip, expected to commence mass production in the second quarter of 2025 for use in the A4 rigs.
After Bitdeer’s announcement of its unaudited financial results for the third quarter of 2025 on November 10, 2025, revealing earnings per share of -$1.28, which was significantly below the consensual estimate, the company’s stock plummeted by $2.63 per share or 14.9% on November 11, 2025. Bitdeer also disclosed a delay in the development of its next-generation Seal 04 ASIC chip.
Moreover, on November 12, 2025, Bitdeer reported a fire incident at its facility under construction in Massillon, Ohio, which caused two of the 26 buildings to sustain fire damage. Following this news, Bitdeer’s stock price further declined by $2.83 per share or 20.3% on November 13, 2025.
The investor with the most substantial financial interest in the relief sought by the class, who is suitable and representative of class members, is designated as the court-appointed lead plaintiff. Any member of the putative class has the liberty to petition the Court to act as the lead plaintiff through their chosen counsel or remain an absent class member. The decision to serve as a lead plaintiff or not does not affect one’s ability to partake in any recovery.
Faruqi & Faruqi, LLP welcomes individuals with information concerning Bitdeer’s activities to come forward, including whistleblowers, former employees, shareholders, and others interested in the matter.
For more information about the Bitdeer Technologies class action, visit Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).