New york: BGIN BLOCKCHAIN LIMITED ('BGIN' or 'the Company') (Nasdaq: BGIN), a digital asset technology company specializing in cryptocurrency-mining technologies, has announced the successful closing of its initial public offering (IPO) of 5,000,000 Class A ordinary shares. The shares were offered at a price of US$6.00 each and began trading on the Nasdaq Global Market on October 21, 2025, under the ticker symbol 'BGIN.'

According to BERNAMA News Agency, BGIN has raised total gross proceeds of US$30 million from the Offering, prior to accounting for underwriting discounts and associated expenses. The Company plans to allocate the net proceeds from the IPO towards purchasing or constructing mining farms, advancing the research and development of new proprietary chips for cryptocurrency mining machines, and for general corporate purposes.