Wu Jihan allegedly responded to the BTDR short report: The logic is absurd and we reserve the right to take legal action

Mars Finance News, Bitdeer (BTDR, US stock code) Chairman and CEO Wu Jihan issued a statement on X, seemingly responding to the BTDR short report. He stated that the report was built on a preset stance, piecing together complex but unrelated facts, using absurd and misleading logic to construct a narrative, with the purpose of manipulating market sentiment for the short sellers' private interests. He emphasized that the company will continue to focus on actual business fundamentals and long-term value creation, while reserving the right to take legal action to protect the company's reputation and shareholders' interests. On April 16, an institution called Callisto Research released a short report on Bitdeer (BTDR), stating, "We are shorting Bitdeer BTDR, a Nasdaq-listed Bit mining company. We found dangerous signals in Bitdeer's disclosures, governance, and related party transactions. We believe that without thorough transparency reforms, BTDR is not worth investing in."