Bitdeer Technologies Under Investigation: Legal Options for Investors
NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a prominent national securities law firm, is actively investigating potential claims against Bitdeer Technologies Group (“Bitdeer” or the “Company”) (NASDAQ: BTDR). Investors are urged to consider their legal rights as the firm reminds them of the upcoming February 2, 2026, deadline to apply for the role of lead plaintiff in a federal securities class action lawsuit.
Details of the Allegations Against Bitdeer
The complaint against Bitdeer alleges that the Company and its executives violated federal securities laws. Notably, it claims that they made false and misleading statements regarding the anticipated performance of their fourth-generation SEALMINER (A4) rigs, which utilize SEAL04 ASIC chip technology. Investors were misled about the chip's energy efficiency, which was projected to be as low as 5 J/TH.
According to the allegations, Bitdeer executives disseminated optimistic projections about the production timelines while withholding material information regarding delays and performance issues related to the SEALMINER A4 project. These misleading statements resulted in shareholders purchasing shares of Bitdeer at inflated prices, unaware of the potential risks involved.
Impact on Stock Performance
On November 10, 2025, Bitdeer released its unaudited financial results for the third quarter, revealing an earnings per share (EPS) of - $1.28, which significantly missed analyst expectations of - $0.22. In conjunction with this report, Bitdeer disclosed troubling delays in the development of its next-generation Seal 04 ASIC chip.
Following the release of this disappointing news, Bitdear's stock price fell by $2.63, or 14.9%, closing at $15.02 on November 11, 2025. The situation worsened on November 12 when Bitdeer announced a fire incident at its under-construction facility in Massillon, Ohio, leading to a further decline in stock value. This incident caused Bitdeer’s stock to drop an additional $2.83, or 20.3%, bringing the share price down to $11.11 by November 13, 2025.
Becoming a Lead Plaintiff
The role of lead plaintiff in a class action lawsuit typically goes to the investor with the largest financial stake in the case who is also able to adequately represent the interests of other class members. Any investor affected by the events related to Bitdeer may seek to assume this role through legal counsel or may opt to remain an absent class member. Notably, your potential recovery will not be impacted by the choice to serve as lead plaintiff.
Reach Out for Legal Assistance
Faruqi & Faruqi, LLP invites anyone with relevant information related to Bitdeer’s operational conduct—including whistleblowers, former employees, and shareholders—to contact the firm for support. Interested investors can visit www.faruqilaw.com/BTDR or reach out directly to Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) for additional information.
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