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Bitdeer Investors Face Feb. 2 Deadline in SDNY Securities Class Action Over SEAL04 Disclosures

Investors are being recruited for lead-plaintiff roles as claims focus on overstated SEAL04 readiness.

Overview

  • The case, Ismail N. Sakar v. Bitdeer Technologies Group, No. 25-cv-10069, is pending in the Southern District of New York.
  • Investors who bought Bitdeer shares from June 6, 2024 through November 10, 2025 have until February 2, 2026 to seek appointment as lead plaintiff.
  • Filings allege Bitdeer made false or misleading statements about its SEALMINER A4 plans, including a 5 J/TH SEAL04 efficiency target and Q2 2025 mass‑production timing.
  • On November 10, 2025, the company disclosed significant delays in SEAL04 development and a widened ASIC R&D‑related net loss, and the stock fell about 14.9% the next day.
  • Some notices also cite a November 12, 2025 fire disclosure and a further stock drop, as multiple firms including Rosen, Pomerantz, KSF, Schall, DJS and Faruqi solicit class members; no class has been certified and the allegations remain unproven.