Faruqi & Faruqi Issues Reminder for Bitdeer Investors
Faruqi & Faruqi, LLP, a prominent national law firm specializing in securities litigation, is currently investigating possible claims against Bitdeer Technologies Group. Investors who have faced significant losses while holding Bitdeer shares are being urged to pay particular attention to their legal options, especially given the upcoming lead plaintiff deadline of February 2, 2026, related to a federal class action lawsuit.
The class action has been triggered by allegations that Bitdeer and its executives breached federal securities laws. The claims stem from misleading statements regarding the company's SEALMINER A4 project. Reportedly, the executives failed to disclose crucial information about the readiness of the SEAL04 chip, which was supposed to enhance the energy efficiency of A4 rigs, expected for mass production in the second quarter of 2025.
In a press release dated November 10, 2025, Bitdeer reported its third-quarter financial outcomes, showcasing an earnings per share of -$1.28, a stark contrast to the consensus estimate of -$0.22. Following this announcement, Bitdeer's shares saw a significant drop, plummeting by $2.63, or about 14.9%, to close at $15.02 per share the next day. In a subsequent incident, the company reported a fire at its construction facility in Massillon, Ohio, on November 12, leading to another staggering drop of $2.83, translating to a 20.3% decrease, pushing its stock price down to $11.11.
The Securities Exchange Commission (SEC) aims to ensure that shareholders are adequately informed of their rights, offering avenues for those wishing to pursue litigation. A lead plaintiff in a class action suit is typically one with the largest financial stake in the outcome and represents the collective interests of all class members. Claimants interested in this role are encouraged to seek legal counsel to aid them in this process.
Faruqi & Faruqi, which has secured hundreds of millions in recoveries for investors since its inception in 1995, invites individuals with knowledge related to Bitdeer’s operations to step forward. This includes whistleblowers, former employees, and existing shareholders who can assist the ongoing investigation with critical insights.
For those potentially affected, Faruqi & Faruqi provides contact options, allowing investors to communicate directly with Senior Partner James (Josh) Wilson at 877-247-4292 or 212-983-9330, Ext. 1310. Additional information is accessible via the firm's website, establishing a comprehensive platform for client engagement and inquiries.
As the deadline looms, affected investors are encouraged to reassess their positions and consider their options carefully. The upcoming class action suit presents a significant opportunity for recovery, highlighting the importance of collective action in the face of corporate malfeasance. The firm maintains an active presence on platforms such as LinkedIn, X, and Facebook, ensuring continuous updates for interested parties.
In conclusion, this scenario underlines the pivotal role of legal representation in navigating complex securities claims. The rigorous exploration of these allegations sets a precedent for how stakeholders interact with their investments, aiming to hold companies accountable for their commitments and promises to investors.
For further updates regarding the Bitdeer Technologies class action lawsuit, individuals are directed to visit
www.faruqilaw.com/BTDR.