Bitdeer Investors Urged to Consider Lead Role in Securities Case as Filing Deadline Approaches
The case centers on alleged overstatements of SEAL04/A4 readiness, with later disclosures triggering steep share declines.
Overview
- Faruqi & Faruqi, Rosen Law Firm, and the Law Offices of Howard G. Smith issued new reminders that investors have until February 2, 2026 to seek lead-plaintiff status.
- The class period covers purchases of Bitdeer securities from June 6, 2024 through November 10, 2025, according to the firms’ notices.
- The complaint alleges Bitdeer misled investors about the SEAL04 chip’s target efficiency near 5 J/TH and its readiness for SEALMINER A4 rigs with mass production projected for the second quarter of 2025.
- On November 10, 2025, Bitdeer reported unaudited Q3 results with EPS of -$1.28 versus a -$0.22 consensus and disclosed that SEAL04 development was “significantly delayed.”
- Bitdeer later reported a November 11 fire at its under-construction Massillon, Ohio site that damaged 2 of 26 buildings, and the stock fell about 14.9% on November 11 and another 20.3% on November 13.