Bitdeer Technologies Faces Securities Fraud Lawsuit; Investors Can Lead Action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Lawsuit Background: Bitdeer Technologies Group (NASDAQ:BTDR) is facing a securities fraud class action lawsuit for failing to disclose critical energy efficiency data of the SEAL04 chip, resulting in significant investor losses between June 2024 and November 2025.
- Investor Action: Affected investors must contact the Law Offices of Howard G. Smith by February 2, 2026, to participate in the lawsuit and seek compensation, highlighting the urgency of legal recourse.
- Disclosure Failures: The lawsuit alleges that Bitdeer misled investors by not reasonably disclosing the production timeline for the SEAL04 chip in its positive business outlook statements, which undermined investor confidence in the company's future.
- Legal Consequences: If the lawsuit succeeds, Bitdeer may face substantial financial liabilities, potentially impacting its stock price and market reputation, reflecting underlying issues in the company's transparency and compliance practices.
BTDR
$11.31+Infinity%1D
Analyst Views on BTDR
Wall Street analysts forecast BTDR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTDR is 32.18 USD with a low forecast of 25.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.280
Low
25.00
Averages
32.18
High
40.00
Current: 11.280
Low
25.00
Averages
32.18
High
40.00
About BTDR
Bitdeer Technologies Group is a technology company for blockchain. It provides computing solutions for customers. The Company handles processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, and equipment management. It primarily operates three business lines, namely self-mining, hash rate sharing, and hosting. Self-mining refers to cryptocurrency mining for its own account, which allows it to directly capture the high appreciation potential of cryptocurrency. It offers two types of hash rate sharing solutions, namely Cloud Hash Rate and Hash Rate Marketplace. Through Cloud Hash Rate, the Company sells its hash rate to customers. It offers hash rate subscription plans at a fixed price and shares mining income with them under certain arrangements. Its hosting services offer customers one-stop mining rig hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
