SINGAPORE, Oct. 20, 2025 (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED ("BGIN" or "the Company") (NASDAQ:BGIN), a digital asset technology company with proprietary cryptocurrency-mining technologies, today announced the pricing of its initial public offering (the "Offering") of 5,000,000 Class A ordinary shares, at an initial public offering price of US$6.00 per share. The Class A ordinary shares have been approved for listing on the Nasdaq Global Market and are expected to begin trading on October 21, 2025, under the symbol "BGIN."

The total gross proceeds to the Company from the Offering are expected to be approximately US$30 million, before deducting underwriting discounts and other related expenses. The Company has granted the underwriters an over-allotment option, exercisable within 45 days after the closing of this Offering, to purchase up to 15% additional Class A ordinary shares at the public offering price. The Offering is expected to close on or about October 22, 2025, subject to customary closing conditions.

The Company intends to use the net proceeds it receives from the Offering for (i) the purchase and/or construction of mining farms, (ii) the research and development of new proprietary chips to be used in cryptocurrency mining machines; and (iii) for general corporate purposes.

The Offering is being conducted on a firm commitment basis. D. Boral Capital LLC is acting as the sole book-running manager for the Offering.

A registration statement on Form F-1, as amended (File Number: 333-285108) related to the Offering was filed with the U.S. Securities and Exchange Commission ("SEC") and was declared effective by ...