Bgin Blockchain Limited · NASDAQ:BGIN
Bgin Blockchain — IPO Roadshow (September 2025)
24 slides from Bgin Blockchain's IPO roadshow presentation, Sep 17, 2025
Slide 1: BGIN Blockchain Limited Investor Presentation
BGIN BLOCKCHAIN Limited Proposed Nasdaq Ticker: BGIN Investor Presentation Issuer Free Writing Prospectus dated September 17, 2025 Filed Pursuant to Rule 433 of the Securities Act of 1933, as amended Relating to Preliminary Prospectus dated September 11, 2025 Registration Statement No. 333-285108 |
Slide 2: Disclaimer
Disclaimer This free writing prospectus relates to the proposed initial public offering of 6,000,000 Class A ordinary shares (the "Class A Ordinary Shares") of BGIN BLOCKCHAIN LIMITED (the "Company," "we," "our," or "us") and should be read together with the registration statement (the "Registration
Slide 3: Preliminary Offering Summary
Preliminary Offering Summary Issuer: BGIN BLOCKCHAIN LIMITED Listing / Ticker: Nasdaq Global Market / BGIN Securities: Class A Ordinary Shares Offering Type: Initial Public Offering Base Offering size: 6,000,000 Class A Ordinary Shares (100% primary) Over-Allotment Option (15%) 900,000 Class A Ordin
Slide 4: Who We Are
Self-mining Manufacturing & Selling Hosting Services Operating Operations Mining Machines For Miners Mining Pools Who We Are CURRENT OPERATIONS Self-Mining Machine Fleet BGIN is a digital asset Nebraska • We own 72,825 mining technology company with machines in total 41% Own Capacity proprietary cry
Slide 5: A Diversified Revenue Base
A Diversified Revenue Base Multiple revenue channels across a synergistic business model Manufacturing • Mitigate revenue volatility • Reduce reliance on any individual business line Mining • Deliver operational stability • Cross-sell opportunities Hosting • Access multiple markets to achieve operat
Slide 6: Business Segment: Manufacturing
Business Segment: Manufacturing Technical expertise and reliable operations backed by R&D capabilities • Proprietary chip design & manufacturing expertise — trusted by other miners; sales drive growth capital • Broad product range — from home to industrial-scale; cost-effective and energy- efficient
Slide 7: Business Segment: Mining
Business Segment: MINING Executing on long term strategic focus on self-mining • Initial focus on growing with alternate, smaller cryptocurrencies (less working capital required) • Mined 13 different cryptocurrencies in 2024 (6 in 2023) • 10,180 machines in operation • Ready to target large-cap oppo
Slide 8: Business Segment: Hosting
Business Segment: HOSTING User-friendly hosting service • Easy control • Buyers of certain proprietary mining machines are offered • 24/7 professional support hosting services • Simple and efficient • Elective, value added service to support our customers • A portion of our mining farm capacity is u
Slide 9: Business Segment: Mining Pools
Business Segment: MINING POOLS Non-core ancillary activity to support customers • BGIN offers mining pool services • Low margin business segment but supports mining machine customers • BGIN currently offers mining pool services for 5 mineable cryptocurrencies • Additional cryptocurrencies can be add
Slide 10: BGIN Investment Highlights
BGIN Investment highlights Defensible, synergistic and scalable business model ✓ 40+ member R&D team, proprietary software, and ✓ Multi-cryptocurrency chip and software expertise to machines for multiple segments avoid reliance on one coin ✓ Leader in 2024 KAS machine sales*, expanding into ✓ Levera
Slide 11: Innovative R&D Capabilities
Innovative R&D Capabilities Proven technical expertise 40+ member R&D team • Continued investment in R&D enabling launch of new capabilities • Mining pool services Innovative • Multiple ASIC chips R&D • New machines to mine Bitcoin and Dogecoin (H1 2026) • Proprietary software to make mining more ef
Slide 12: Maintaining Operational Flexibility
Maintaining operational flexibility Nimble organization able to opportunistically exploit new opportunities Ability to identify and seize new revenue opportunities • Generated growth capital by leveraging manufacturing 01 capability • Opportunistically cross-sell machine buyers hosting and mining po
Slide 13: Defensible Proprietary Technologies
Defensible proprietary technologies Growth prospects supported by unique technological innovations and capabilities Focus on growing proprietary R&D capabilities since inception 14 out of 27 6 models put models successful tape-outs in use designed Proven track record of designing and manufacturing e
Slide 14: Experienced Management Team
Experienced management team Shared vision, diverse capabilities • Experienced and visionary management team • Co-founders have worked together since inception in 2019 • Extensive technology sector and management experience • Hardware design expertise Management • The broader team complements the co-
Slide 15: Team Introduction – Management
TEAM INTRODUCTION – Management Experienced and innovative leadership driving strategy Qiuhua “Oisin” Li Qingfeng “Allen” Wu Zhao “Mark” Xiang Pengju Wang Chairman & Co-Founder CEO, Co-Founder & Director Co-Chief Financial Officer Co-Chief Financial Officer • A serial entrepreneur in cross- • Over 15
Slide 16: Team Introduction – Management (cont'd)
TEAM INTRODUCTION – Management (cont’d) Experienced and innovative leadership driving strategy Katherine Nelson Benjamin Thomison Qi Shao Legal & Compliance Officer Operations Director Chief Technology Officer • Over 20 years of experience in compliance, • Over 6 years of experience in operations •
Slide 17: Team Introduction – Independent Board Members
TEAM INTRODUCTION – independent board members Seasoned board with expertise in finance, technology, and risk management Chung Shing “Paul” Tsang Boquan He Talila Millman • Chief Risk Officer & Head of Risk & • Founder and Chairman of Guandong • Chief Technology Officer, Tait (June Quantitative Analy
Slide 18: Growth Opportunities
Growth Opportunities Leverage growth opportunities; diversify revenue base • Capturing synergies by operating across the cryptocurrency mining value chain Integrated Business • Scale revenue by cross-selling to external customers Model • Enhance proprietary mining business faster by reducing margina
Slide 19: Revenue & Gross Profit – FY 2024 Audited Results
Revenue & Gross Profit – FY 2024 Audited results Robust financials with a strong balance sheet and zero debt Breakdown of Revenue - FY 2024 Breakdown of Gross Profit - FY 2024 Hosting Mining Pool 1% 0% Self Mining 12% Mining Pool Hosting 19% 2% Sales of Self Mining Mining Sales of 15% Machine Mining
Slide 20: FY 2023 vs. 2024 Audited Results
FY 2023 vs. 2024 audited Results Transitioning towards a focus on self-mining Revenue Breakdown: FY 2023 vs FY 2024 Gross Profit Breakdown: FY 2023 vs FY 2024 ($USD MM) ($USD MM) FY 2023 FY 2024 FY 2023 FY 2024 $302 $257 $220 $194 $199 $192 $128 $110 $59 $45 $24 $15 $13 $6 $5 $0 $(0) $1 $0 $1 Sales
Slide 21: Mining Machines Sales Customer Breakdown
Mining Machines Sales Customer Breakdown A diversified customer base: 7,231 total customers as of 2024YE Revenue Breakdown by Geographies Breakdown by Customer Type (FY 2024) (FY 2024) Hungary Malaysia Individuals 2% 3% 12% England and Others Wales 8% 3% BVI 3% Hong Kong, Vietnam China 4% 33% Taiwan
Slide 22: H1 2025 Unaudited Results
h1 2025 unaudited results* Our focus in 2025 is to invest and pursue the larger growth opportunities H1 2025 (unaudited) Gross Revenues Profit/(Loss) (US$ in millions) • H1 2025 revenues were approximately $48M Sales of Mining Machine 10 2 • Gross loss was approximately $6M in H1 2025 Self Mining 31
Slide 23: Use of Proceeds
Use of Proceeds 60% of Funds Raised 32% of Funds Raised 8% of Funds Raised Purchase and/or construction Research and development of General corporate purposes of mining farms* proprietary ASIC chips Increasing overall mining capacity Developing proprietary chips for cryptocurrency mining machines *T
Slide 24: Contact
Contact lssuer： Underwriter： BGIN BLOCKCHAIN LIMITED D. Boral Capital LLC Email: ir@bgin.com Email: info@dboralcapital.com Tel: +65 9658 5681 Tel: +1 (212) 970-5150 Address: #09 12 Paya Lebar Square, 60 Address: 590 Madison Ave 39th Floor New Paya Lebar Road, Singapore 409051 York, NY 10022 | 24