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Faruqi & Faruqi, LLP Investigates Bitdeer Technologies Group

In an alarming development for investors, Faruqi & Faruqi, LLP, a prominent national securities law firm, has initiated an investigation into Bitdeer Technologies Group, referencing potential claims following significant losses reported by shareholders. This action emerges from concerns surrounding the company's adherence to federal securities laws and the accuracy of its public statements.

Background of the Investigation

On December 17, 2025, Faruqi & Faruqi officially disclosed its inquiry targeting Bitdeer Technologies, specifically urging investors who acquired shares between June 6, 2024, and November 10, 2025, to come forward. The firm has a commendable track record of recovering substantial sums for investors and is dedicated to upholding investors’ legal rights amidst financial misconduct. With the impending deadline of February 2, 2026, to file as lead plaintiff in a federal securities class action against the company, affected investors are encouraged to explore their options vigorously.

The basis of the investigation rests upon allegations that Bitdeer and its executives made misleading statements, which concealed the reality regarding the company's fourth-generation SEALMINER A4 technology. Investors were led to believe that the SEAL04 ASIC chip would exhibit greatly enhanced energy efficiency, anticipated to be as low as 5J/TH, which later projections revealed to be optimistic at best, as the mass production timeline was repeatedly postponed.

Details of Allegations

The complaint against Bitdeer suggests that while positive projections were shared, adverse facts impacting the confidence in the SEALMINER A4 project were blatantly overlooked. On November 10, 2025, Bitdeer’s stock plummeted after the company reported disappointing unaudited third-quarter financial results, including an earnings per share figure of -$1.28, starkly missing analyst expectations of -$0.22. Following this disclosure, the company’s stock value fell by nearly 15%, a clear reflection of investors’ lost confidence.

In a subsequent press release, the company highlighted a fire incident at its under-construction facility in Massillon, Ohio, causing further turmoil. The combination of these events triggered a cascading fall in stock value, from $15.02 to $11.11 within days, underscoring the gravity of the situation.

Call to Action for Investors

James (Josh) Wilson, a partner at Faruqi & Faruqi, emphasized the importance of timely action for those affected, stating that sharing their experiences could be pivotal in seeking justice. Investors who feel they have been misled are urged to connect directly with the firm or investigate further into the ongoing situation with Bitdeer Technologies.

Potential plaintiffs are being reminded that the role of lead plaintiff involves guiding the case on behalf of the collective class, although participation is voluntary, and opting out will not affect their eligibility for any potential recovery.

For further inquiries, investors can visit Faruqi & Faruqi's website or reach out to Josh Wilson at 877-247-4292 or through the firm's New York office.

The ramifications of this investigation could be significant, affecting not only Bitdeer's future but also investor sentiment toward upcoming technologies within the semiconductor space.