Significant Developments in the Class Action Lawsuit Against Bitdeer Technologies Group

Class Action Lawsuit Against Bitdeer Technologies Group



Pomerantz LLP has announced the initiation of a class action lawsuit targeting Bitdeer Technologies Group, a company listed on NASDAQ (BTDR). This legal action arises in response to allegations regarding potential securities fraud and relates to business practices of the company and its executives. Investors who have incurred losses through their investments in Bitdeer are being urged to join this class action.

Key Information for Investors



The class action pertains to whether Bitdeer, along with certain officers and/or directors, engaged in unlawful activities that misled investors. Those who purchased or acquired Bitdeer securities during the defined 'Class Period' should note critical upcoming deadlines. The cutoff date to apply for Lead Plaintiff status in this lawsuit is February 2, 2025. Interested parties can connect with Danielle Peyton by email or phone, with details provided in the official announcement.

Recent Financial Disclosure



On November 10, 2025, Bitdeer reported its unaudited financial results for the third quarter of that year. The report highlighted an earnings per share loss of -$1.28, a significant deviation from the consensus forecast of -$0.22. Additionally, Bitdeer disclosed delays in the development of its next-generation ASIC chip, the Seal 04. Following this announcement, shares plummeted by 14.9%, falling $2.63 to close at $15.02 on November 11, 2025. The impact on stock price raises further concerns regarding transparency and adherence to ethical business practices by the company.

Pomerantz LLP's Reputation



Founded by Abraham L. Pomerantz, a renowned figure in securities litigation, Pomerantz LLP has built a reputation for advocating for victims of corporate misconduct over its 85-year history. They have secured numerous substantial recoveries for class members, demonstrating their commitment to accountability in the corporate sector. Their offices are situated in major cities worldwide, including New York and London, which enhances their capacity to handle high-stakes lawsuits.

Join the Class Action



Investors who are considering participation in the class action are encouraged to reach out promptly. By joining this initiative, affected individuals can assist in holding Bitdeer accountable for any perceived wrongdoing. Detailed information on the lawsuit can be obtained directly from Pomerantz's official website, where interested parties can also find the Complaint and additional resources regarding the class action process.

As we move forward, monitoring the developments of this case will be crucial for both current and potential investors in Bitdeer Technologies Group. Financial transparency and ethical practices in large corporations are paramount and this class action represents a significant step towards safeguarding investors’ rights.

Topics Financial Services & Investing)

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