#USA #New York #Faruqi & Faruqi #James Wilson #Bitdeer Technologies

Faruqi & Faruqi Pursues Justice for Bitdeer Investors

Faruqi & Faruqi, LLP, a prominent national securities law firm, has initiated an investigation revolving around potential claims involving Bitdeer Technologies Group. This inquiry seeks to benefit investors who may have suffered losses related to their investment in Bitdeer, specifically those who acquired securities between June 6, 2024, and November 10, 2025.

James Wilson, a senior partner at Faruqi & Faruqi, has urged anyone impacted by these developments to connect with him directly to explore their legal options. As investors navigate these tumultuous waters, it’s crucial to be aware of the impending deadline on February 2, 2026, which marks the cut-off to apply for the role of lead plaintiff in a federal securities class action against the company.

The crux of the investigation stems from allegations that Bitdeer and its executives infringed upon federal securities laws by propagating misleading information regarding their SEALMINER A4 project’s status. The heart of the issue lies within the claims made surrounding their SEAL04 chip; initially asserted to deliver energy efficiency that never came to fruition in the timeline disclosed to investors.

On November 10, 2025, Bitdeer made headlines by revealing its unaudited financial results for the third quarter of 2025, reporting an alarming earnings per share of -$1.28, a devastating discrepancy from the anticipated -$0.22. Furthermore, Bitdeer unveiled considerable delays in the development of their new generation ASIC chip—the Seal 04—adding to the dismay of shareholders. Following this announcement, Bitdeer's stock plummeted by $2.63 per share, equating to a decline of 14.9%, closing at a worrisome $15.02 on November 11, 2025.

The following day, investors were faced with another shocking revelation as Bitdeer reported a fire incident at its facility in Massillon, Ohio, which was under construction. This catastrophic event—occurring on the afternoon of November 11—resulted in damage to two out of the 26 buildings, further unsettling investor confidence. In response to this incident, Bitdeer’s stock took another dive, declining by $2.83, or 20.3%, ultimately closing out at $11.11 per share on November 13, 2025.

With significant financial implications on the line, the role of a lead plaintiff is critical in aligning the collective interests of the shareholders involved in the lawsuit. A lead plaintiff is not only the investor with the most significant financial interest but also someone who shares typical characteristics with the class members and can adeptly manage the legal proceedings. Any investor from the proposed class may petition the court to serve in this crucial role through their chosen legal counsel or choose to remain part of the class without taking action.

Furthermore, Faruqi & Faruqi encourages anyone possessing pertinent information about Bitdeer’s alleged misconduct—be they whistleblowers, ex-employees, or shareholders—to reach out. The firm is dedicated to robust advocacy for its clients, ensuring that all communications are handled confidentially, and are focused on recovering lost investments.

For further information related to the Bitdeer Technologies class action, interested parties can visit Faruqi & Faruqi’s dedicated webpage or reach out to partner Josh Wilson at either 877-247-4292 or 212-983-9330 (Ext. 1310). Updates regarding the situation will be provided frequently across various social media platforms.

As the deadlines approach, the intricacies of the financial landscape surrounding Bitdeer Technologies remain intricate. Every shareholder must be vigilant and proactive, considering all available options in light of these unfolding revelations. Faruqi & Faruqi stands at the ready to support investors through this turbulent period, continuing its history of helping recover significant amounts for clients since its inception in 1995.