Class Action Filed Against Bitdeer Technologies Group: What Investors Need to Know
In a significant development for investors, Robbins LLP has announced the filing of a class action lawsuit against Bitdeer Technologies Group (NASDAQ: BTDR). This legal action affects all individuals who purchased or acquired Bitdeer securities between June 6, 2024, and November 10, 2025. The firm aims to address allegations that Bitdeer misrepresented its market position and misled investors about its operational capabilities and financial prospects.
Bitdeer Technologies is known for its role in the Bitcoin mining sector and operates high-performance computing (HPC) data center infrastructures in various countries, including Singapore, the United States, Bhutan, and Norway. The lawsuit centers around claims that Bitdeer falsely represented that its development of the SEALMINER A4 machine was on track, supported by its SEAL04 ASIC chip technology. Investors were reportedly led to believe that this new technology would significantly improve energy efficiency, contributing to growth in both self-mining and external sales for fiscal year 2025.
Contrary to these assertions, legal documents reveal that there were significant underlying issues with the design and production of the SEAL04 chip, which ultimately resulted in delays and a re-evaluation of production strategies. On November 10, 2025, Bitdeer reported its third-quarter financial results, which disclosed an alarming net loss of $266.7 million, translating to $1.28 per share. This shocking announcement was tied to increased operating expenses surrounding the research and development of their ASIC roadmap. Following this news, Bitdeer’s stock price fell sharply, dropping over 14% in a matter of hours.
For those affected, the implications of this class action are noteworthy. Investors have the opportunity to participate in the lawsuit seeking recovery of their losses. Shareholders interested in serving as lead plaintiffs in the case must submit the necessary paperwork by February 2, 2026. The lead plaintiff serves as a representative for the rest of the class in guiding the litigation.
It’s worth mentioning that participation in the lawsuit is not a requirement for recovery; shareholders can opt to remain as absent class members if they choose. Importantly, Robbins LLP operates on a contingency fee basis, meaning there are no costs for the shareholders until a recovery is achieved.
Robbins LLP has a long history in shareholder rights litigation, striving for accountability and restitution for investors since 2002. With a commitment to improving corporate governance and holding executives accountable, the firm has established a reputation for its advocacy in financial markets.
If you wish to stay informed about developments related to the class action against Bitdeer Technologies Group, you can sign up for alerts through Stock Watch, which will notify you about any settlements or related information.
The ongoing situation at Bitdeer serves as an important reminder of the inherent risks in the tech and crypto industries, particularly for investors. As market dynamics continue to evolve, active engagement and awareness are crucial for stakeholders navigating these tumultuous waters.
Bitdeer Technologies is known for its role in the Bitcoin mining sector and operates high-performance computing (HPC) data center infrastructures in various countries, including Singapore, the United States, Bhutan, and Norway. The lawsuit centers around claims that Bitdeer falsely represented that its development of the SEALMINER A4 machine was on track, supported by its SEAL04 ASIC chip technology. Investors were reportedly led to believe that this new technology would significantly improve energy efficiency, contributing to growth in both self-mining and external sales for fiscal year 2025.
Contrary to these assertions, legal documents reveal that there were significant underlying issues with the design and production of the SEAL04 chip, which ultimately resulted in delays and a re-evaluation of production strategies. On November 10, 2025, Bitdeer reported its third-quarter financial results, which disclosed an alarming net loss of $266.7 million, translating to $1.28 per share. This shocking announcement was tied to increased operating expenses surrounding the research and development of their ASIC roadmap. Following this news, Bitdeer’s stock price fell sharply, dropping over 14% in a matter of hours.
For those affected, the implications of this class action are noteworthy. Investors have the opportunity to participate in the lawsuit seeking recovery of their losses. Shareholders interested in serving as lead plaintiffs in the case must submit the necessary paperwork by February 2, 2026. The lead plaintiff serves as a representative for the rest of the class in guiding the litigation.
It’s worth mentioning that participation in the lawsuit is not a requirement for recovery; shareholders can opt to remain as absent class members if they choose. Importantly, Robbins LLP operates on a contingency fee basis, meaning there are no costs for the shareholders until a recovery is achieved.
Robbins LLP has a long history in shareholder rights litigation, striving for accountability and restitution for investors since 2002. With a commitment to improving corporate governance and holding executives accountable, the firm has established a reputation for its advocacy in financial markets.
If you wish to stay informed about developments related to the class action against Bitdeer Technologies Group, you can sign up for alerts through Stock Watch, which will notify you about any settlements or related information.
The ongoing situation at Bitdeer serves as an important reminder of the inherent risks in the tech and crypto industries, particularly for investors. As market dynamics continue to evolve, active engagement and awareness are crucial for stakeholders navigating these tumultuous waters.
Topics Financial Services & Investing）
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