Reminder of Securities Class Action Against Bitdeer Technologies Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
0mins
Source: Businesswire
- Lawsuit Deadline: Investors must file lead plaintiff applications for the securities class action against Bitdeer Technologies Group by February 2, 2026, covering the period from June 6, 2024, to November 10, 2025, highlighting investor concerns over the company's financial transparency.
- Financial Loss Disclosure: Bitdeer reported a net loss of $266.7 million, or $1.28 per share, in its Q3 2025 earnings, primarily due to increased operating expenses related to ASIC R&D, indicating significant financial strain on the company’s technology development.
- Stock Price Volatility: Following the earnings announcement on November 10, 2025, Bitdeer's share price plummeted from $17.65 to $15.02, a decline of over 14%, reflecting market concerns about the company's financial health and a loss of investor confidence.
- Legal Liability Allegations: Bitdeer and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, indicating serious deficiencies in the company's information disclosure practices that may lead to greater economic losses for investors.
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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 32.60 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.
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.260
Low
25.00
Averages
32.60
High
40.00
Current: 13.260
Low
25.00
Averages
32.60
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.
Reminder of Securities Class Action Against Bitdeer Technologies Group
- Lawsuit Deadline: Investors must file lead plaintiff applications for the securities class action against Bitdeer Technologies Group by February 2, 2026, covering the period from June 6, 2024, to November 10, 2025, highlighting investor concerns over the company's financial transparency.
- Financial Loss Disclosure: Bitdeer reported a net loss of $266.7 million, or $1.28 per share, in its Q3 2025 earnings, primarily due to increased operating expenses related to ASIC R&D, indicating significant financial strain on the company’s technology development.
- Stock Price Volatility: Following the earnings announcement on November 10, 2025, Bitdeer's share price plummeted from $17.65 to $15.02, a decline of over 14%, reflecting market concerns about the company's financial health and a loss of investor confidence.
- Legal Liability Allegations: Bitdeer and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, indicating serious deficiencies in the company's information disclosure practices that may lead to greater economic losses for investors.
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Class Action Reminder for Bitdeer Technologies Group Investors
- Lawsuit Background: Rosen Law Firm is reminding investors about a class action lawsuit against Bitdeer Technologies Group (NASDAQ: BTDR) for purchasers of securities between June 6, 2024, and November 10, 2025, alleging misleading information regarding its business operations.
- Misleading Technology Claims: The lawsuit alleges that defendants misrepresented the mass production capabilities of their fourth-generation SEALMINER (A4) rigs, failing to disclose that the SEAL04 chip's projected energy efficiency of 5J/TH would not be ready for use as claimed, leading investors to purchase securities at inflated prices.
- Investor Losses: Investors suffered damages when the true state of the SEALMINER A4 project was revealed, highlighting significant issues with the company's transparency and accountability in its communications with shareholders.
- Next Steps: Shareholders wishing to participate in the lawsuit must file motions to serve as lead plaintiff by February 2, 2026, indicating their active involvement in the class action, with the law firm ensuring no fees are charged to protect investor rights.
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