SINGAPORE, Oct. 20, 2025 — BGIN BLOCKCHAIN LIMITED (“BGIN” or “the Company”) (Nasdaq: BGIN), a digital asset technology firm specializing in proprietary cryptocurrency-mining technologies, today revealed the pricing for its initial public offering (the “Offering”). This Offering consists of 5,000,000 Class A ordinary shares, set at an initial public offering price of US$6.00 per share. The Class A ordinary shares have received approval for listing on the Nasdaq Global Market and are anticipated to commence trading on October 21, 2025, under the ticker symbol “BGIN.”
The Company projects the total gross proceeds from the Offering to be approximately US$30 million, prior to subtracting underwriting discounts and other associated expenses. Furthermore, the Company has extended an over-allotment option to the underwriters, allowing them to acquire up to 15% additional Class A ordinary shares at the public offering price. This option is exercisable within 45 days following the conclusion of this Offering. The Offering is anticipated to conclude around October 22, 2025, contingent upon customary closing requirements.
BGIN plans to allocate the net proceeds garnered from the Offering towards (i) acquiring and/or developing mining farms, (ii) advancing research and development for new proprietary chips designed for cryptocurrency mining machines, and (iii) supporting general corporate operations.
This Offering is structured on a firm commitment basis. D. Boral Capital LLC serves as the exclusive book-running manager for the Offering.
A registration statement on Form F-1, along with its amendments (File Number: 333-285108), pertaining to the Offering was submitted to the U.S. Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on September 30, 2025.
This press release does not constitute an offer to sell or a solicitation of an offer to acquire the securities detailed herein. Furthermore, no sale of these securities will occur in any state or jurisdiction where such an offer, solicitation, or sale would be prohibited without prior registration or qualification under the applicable securities laws of that state or jurisdiction.
The Offering is exclusively conducted through a prospectus, which forms part of the effective registration statement. Once available, a copy of the final prospectus related to the Offering can be procured from D. Boral Capital LLC, located at 590 Madison Avenue, New York, NY 10022, by emailing info@dboralcapital.com, or by calling +1 (212) 970-5150. Additionally, when ready, final prospectus copies for the Offering will be accessible via the SEC’s website at .
Prior to making an investment, potential investors are advised to review the prospectus and other documents the Company has submitted or will submit to the SEC for comprehensive details regarding the Company and the Offering. This press release is not an offer to sell or a solicitation of an offer to purchase any of the Company’s securities. Such securities shall not be offered or sold within the United States without registration or an applicable exemption from registration, nor shall any offer, solicitation, or sale of the Company’s securities take place in any state or jurisdiction where such actions would be illegal without prior registration or qualification under that jurisdiction’s securities laws.
About BGIN BLOCKCHAIN LIMITED
BGIN BLOCKCHAIN LIMITED operates as a digital asset technology firm, possessing proprietary cryptocurrency-mining technologies. Historically, the company has concentrated on altcoins, while utilizing its expertise in developing ASIC chips and mining machines to explore emerging leading cryptocurrency opportunities and pursue a long-term strategic emphasis on self-mining. BGIN aims to democratize crypto mining by creating inventive products designed for diverse market requirements, catering to users ranging from novices to large-scale industrial miners. Under its ICERIVER brand, BGIN engineers and produces mining machines, offering clients operational adaptability via sophisticated mining infrastructure and hosting solutions.
Safe Harbor Statement
This press release features statements that might be considered “forward-looking” under the “safe harbor” stipulations of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements encompass, among others, declarations concerning the anticipated trading of the Company’s securities and the culmination of the Offering. Such statements are often recognizable by terms like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and comparable expressions. Any statements that do not represent historical facts, including those pertaining to BGIN’s convictions, strategies, and outlooks, are deemed forward-looking. While BGIN presumes the expectations articulated in these forward-looking statements are justifiable, it cannot guarantee their accuracy. BGIN advises investors that actual outcomes could significantly deviate from projected results and urges them to examine other elements that might influence its future performance, as detailed in the registration statement and other SEC submissions. Further factors are elaborated in BGIN’s SEC filings, accessible for review at . All data presented in this press release reflects the situation as of its publication date, and BGIN assumes no responsibility to revise any forward-looking statement, unless mandated by pertinent law.
For investor and media inquiries, please contact:
BGIN BLOCKCHAIN LIMITED
Investor Relations
Media Relations
Brad Burgess
