Bitdeer Investors Face Feb. 2 Deadline To Lead SDNY Securities Class Action
The suit centers on alleged nondisclosures tied to SEALMINER ASIC development following a $266.7 million Q3 loss that preceded a 14% share decline.
Overview
- A federal securities class action is pending in the Southern District of New York, captioned Ismail N. Sakar v. Bitdeer Technologies Group, No. 25-cv-10069.
- The putative class covers purchasers of Bitdeer securities from June 6, 2024 through November 10, 2025.
- Investor notices from Kahn Swick & Foti, ClaimsFiler, and Rosen Law Firm urge applications for lead-plaintiff status by February 2, 2026.
- The allegations assert failures to disclose material information about Bitdeer’s SEALMINER/SEAL04 ASIC roadmap following prior positive statements.
- After reporting the Q3 loss tied to ASIC R&D on November 10, 2025, Bitdeer’s shares fell over 14% the next day, moving from $17.65 to $15.02.