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

Overview

• Investors seeking to be appointed lead plaintiff must file by February 2, 2026, with multiple firms inviting contacts from shareholders.
• The action is pending in the Southern District of New York as Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069, and it remains at an early stage with no class certified.
• The putative class period spans June 6, 2024 through November 10, 2025.
• The complaint alleges Bitdeer misled investors about the readiness of its SEAL04 ASIC and the SEALMINER A4 timeline, including a touted 5 J/TH efficiency and an expected Q2 2025 mass-production start that did not occur.
• Bitdeer’s November 2025 updates disclosed a widened quarterly loss and a “significantly delayed” SEAL04, followed by a report of a fire at its Ohio site, and the stock fell about 14.9% on November 11 and a further 20.3% on November 13.