Archived Investigations
Bitdeer Technologies Group (NasdaqCM: BTDR)
Bitdeer and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 10, 2025, despite prior positive statements to investors regarding its research and technology roadmap for its SEALMINER Bitcoin mining machine, the Company announced its financial results for the third quarter of 2025, disclosing a net loss that had widened to $266.7 million or $1.28 per share, due to increased operating expenses related to the “R&D of our ASICs roadmap.”
On this news, the price of Bitdeer’s shares fell from a closing market price of $17.65 per share on November 10, 2025 to $15.02 per share on November 11, 2025, a decline of more than 14%.
The case is Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069.