Law firm investigates claims for Bitdeer Technologies investors

Bitdeer Technologies, a prominent company in the technology sector, has recently come under scrutiny following allegations of violating federal securities laws. Faruqi & Faruqi, LLP, a respected national securities law firm, is currently investigating potential claims against Bitdeer Technologies Group (referred to as “Bitdeer” or the “Company”) and is reminding investors of the upcoming deadline to seek participation as the lead plaintiff in a federal securities class action filed against the Company.

The basis of the allegations against Bitdeer Technologies revolves around claims that the Company and its executives made false or misleading statements, or failed to disclose critical information regarding Bitdeer’s SEALMINER A4 project. Specifically, it is asserted that the Company neglected to reveal that the SEAL04 chip, projected to offer a chip-level energy efficiency of 5 J/TH, would be ready for use in the A4 rigs with mass production expected to commence in the second quarter of 2025.

On November 10, 2025, Bitdeer issued a press release detailing its unaudited financial results for the third quarter of 2025. The report revealed that Bitdeer reported earnings per share of -$1.28, a significant miss compared to the consensus estimate of -$0.22. Additionally, Bitdeer disclosed that the “development of [its] next-generation Seal 04 [ASIC chip] is significantly delayed.”

Following this announcement, Bitdeer’s stock price experienced a noticeable decline, dropping $2.63 per share, or 14.9%, and closing at $15.02 per share on November 11, 2025. The situation worsened for the Company when, on November 12, 2025, Bitdeer disclosed a fire incident at its under-construction facility in Massillon, Ohio. The fire resulted in damage to 2 of the 26 buildings currently under construction, causing further concern among investors.

The aftermath of this report led to another drop in Bitdeer’s stock price, falling an additional $2.83 per share, or 20.3%, and closing at $11.11 per share on November 13, 2025. These developments have raised questions around the transparency and governance practices at Bitdeer Technologies, prompting further investigation by Faruqi & Faruqi, LLP to address potential claims and provide recourse to affected investors.

In conclusion, the ongoing investigation into Bitdeer Technologies highlights the importance of accurate and timely information disclosure by companies to ensure transparency and build trust with investors. As the situation unfolds, investors are advised to stay informed and seek appropriate guidance regarding their legal rights and potential courses of action in response to these developments.