Bitdeer Technologies Group (NASDAQ: BTDR)

This lawsuit is for anyone who acquired securities in Bitdeer Technologies Group (NASDAQ: BTDR) from June 6, 2024 through November 10, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that development of the Company’s next-generation Seal 04 ASIC chip had been substantially delayed.

On November 10, 2025, Bitdeer announced its unaudited financial results for the third quarter of 2025, revealing a per-share loss of $1.28, well below the consensus expectation of a loss of $0.22. The Company also disclosed that development of its next-generation Seal 04 ASIC chip had been substantially delayed, contradicting positive statements Bitdeer had previously made about the chip’s development. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Bitdeer Technologies Group (NASDAQ: BTDR) from June 6, 2024 through November 10, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.