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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of BitDeer Technologies Group Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Portnoy Law Firm
Portnoy Law Firm Announces Class Action on Behalf of BitDeer Technologies Group Investors

The Portnoy Law Firm has announced a class action lawsuit on behalf of BitDeer Technologies Group investors who purchased securities between June 6, 2024 and November 10, 2025. The lawsuit was triggered after BitDeer reported significantly worse-than-expected Q3 2025 earnings (EPS of -$1.28 vs. consensus of -$0.22) and disclosed major delays in its next-generation Seal 04 ASIC chip development. The stock fell 14.9% on the news.

Insights
STRK   negative

Shares declined for fourth straight session to lowest level in over a year


BTDR   negative

Company significantly missed earnings expectations (EPS of -$1.28 vs. -$0.22 consensus), disclosed major delays in critical next-generation chip development, and experienced a 14.9% stock price decline, triggering a class action lawsuit for investor losses.