Business
BGIN BLOCKCHAIN LIMITED Reports Unaudited Financial Results for the Full Year of 2025
SINGAPORE, April 25, 2026 (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED (“BGIN” or the “Company”; NASDAQ: BGIN), a digital asset technology company with
About this update from Bgin Blockchain Limited
[{"type":"text","content":"SINGAPORE, April 25, 2026 (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED (“BGIN” or the “Company”; NASDAQ: BGIN), a digital asset technology company with proprietary cryptocurrency mining technologies and a manufacturer of cryptocurrency mining hardware, today released its unaudited financial results for the year ended December 31, 2025. 2025 Financial Highlights Total Revenue was US$67.4 million compared to US$302.3 million in 2024.Net Loss was US$177.0 million compared to net income of US$66.1 million in 2024. Management Commentary Mr. Allen Wu, Founder, Chief Executive Officer and Director of BGIN, commented: “2025 marked a deeply transformative year for BGIN. We made difficult but decisive choices—scaling back our legacy altcoin business to concentrate on Bitcoin infrastructure. Our successful 4nm Bitcoin miner prototype validates our execution capabilities, and our three-engine business model creates a natural hedge against market volatility. In 2026, we are focusing on Bitcoin and Dogecoin which we believe helps us address a much larger opportunity, and we aim to deliver sustainable long-term value for our shareholders in 2026 and beyond.” Mr. Oisin Li, Founder, Executive Chairman of the Board of Directors and Director of BGIN, commented: “Building on this transformation, we remain focused on four key priorities: First, we continue to enhance our research and development capabilities to deliver competitive mining solutions. Second, our mining operations remain anchored in cost-effective energy strategies and power sources that provide structural advantages. Third, we are exploring cloud mining and new consumer-focused product lines to democratize access to cryptocurrency mining — staying true to our 'Crypto for All' vision. Fourth, while large cap crypto currencies such as Bitcoin and Dogecoin are our primary focus, we will maintain the flexibility to capture opportunities in promising smaller cap altcoins when market conditions align.” Mr. Mark Xiang, Co-Chief Financial Officer of BGIN, stated: “Our financial discipline has been the foundation of BGIN's success since day one. Operating entirely on internally generated cash flow until our IPO completed in 2025 created a culture where every dollar is focused on return on investment (“ROI”). We believe that 2025 was a strategic pivot year for BGIN. Our reported net loss was pre...