Bitdeer Technologies Group Faces Class Action Deadline on February 2, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Financial Loss: Bitdeer reported a Q3 2025 loss of $1.28 per share, significantly worse than the expected loss of $0.22, causing a 14.9% drop in stock price to $15.02 on November 11, 2025, severely impacting investor confidence.
- Development Delays: The company disclosed substantial delays in the development of its next-generation SEAL04 ASIC chip, contradicting previous positive statements, which heightened market concerns about its future prospects.
- Class Action Initiation: Investors who purchased Bitdeer securities between June 6, 2024, and November 10, 2025, can file to become lead plaintiffs in a class action lawsuit by February 2, 2026, seeking legal recourse for their losses.
- Disclosure Failures: The lawsuit alleges that Bitdeer failed to disclose significant adverse facts regarding its business, operations, and prospects throughout the class period, misleading investors and harming their legal rights.
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: 14.760
Low
25.00
Averages
32.18
High
40.00
Current: 14.760
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.
