A securities class action has been filed in the USDC – S.D.N.Y. against Bitdeer Technologies Group (BTDR) (“Bitdeer” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired Bitdeer securities between June 6, 2024, and November 10, 2025, both dates inclusive (the “Class Period”).
Bitdeer is a Bitcoin mining and high-performance computing (HPC) data-center infrastructure company with locations in Singapore, the United States, Bhutan, and Norway. In addition to providing self-mining and hosting services, Bitdeer offers mining solutions under the SEALMINER brand.
The Complaint alleges that the Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Bitdeer’s SEALMINER A4 project. Specifically, defendants failed to disclose that the SEAL04 chip projected to have a chip-level energy efficiency of 5 J/TH would be ready for use in the A4 rigs with an expected mass production to begin in the second quarter 2025.
Bitdeer’s stock declined 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%.
If you purchased Bitdeer securities during the class period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.