BGIN
BGIN BLOCKCHAIN Ltd
Company overview
- Market capitalization
- —
- Employees
- 88
- Latest publication
- 2026-09-29
About BGIN BLOCKCHAIN Ltd
Bgin Blockchain Limited, through its subsidiaries, operates as a digital asset technology company in Singapore, Hong Kong, the United States, and internationally. It produces cryptocurrencies through its mining operations, and operating mining pools. The company also designs and sells mining machines for individual miners and distributors, as well as develops computer chips. In addition, it offers mining machine after-sale services, miner hosting, and value-added services. It also offers ASIC chip customization solutions that provides customized solutions to third-party customers with computing power or hardware requirements. The company was founded in 2019 and is based in Singapore.
Financial statements
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Total Revenue | 67,395,903USD | 302,277,581USD | 257,268,371USD | 15,053,603USD | 21,521,656USD |
| Cost Of Revenue | 142,988,309USD | 174,591,671USD | 58,095,028USD | 6,120,455USD | 6,655,585USD |
| Gross Profit | -75,592,406USD | 127,685,910USD | 199,173,343USD | 8,933,148USD | 14,866,071USD |
| Research Development | 20,191,147USD | 16,374,310USD | 10,099,575USD | 7,177,865USD | 195,257USD |
| Selling General Administrative | 12,521,654USD | 7,131,843USD | 14,252,092USD | 1,859,581USD | 3,509,644USD |
| Unclassified Operating Expenses | 144,729,053USD | 21,843,105USD | — | — | 1,640,287USD |
| Total Operating Expenses | 177,441,854USD | 46,052,174USD | 25,505,544USD | 9,506,000USD | 5,345,188USD |
| Operating Income | -110,045,951USD | 81,633,736USD | 173,667,799USD | -572,853USD | 9,520,883USD |
| Interest Income | 942,892USD | 1,174,582USD | 63,112USD | — | — |
| Net Interest Income | 942,892USD | 1,174,582USD | -2,176,217USD | -182,061USD | -72,008USD |
| Income Before Tax | -174,611,776USD | 80,786,066USD | 173,573,472USD | -273,851USD | 9,204,919USD |
| Tax Provision | 2,341,030USD | 14,645,261USD | 33,812,690USD | -45,034USD | 1,498,223USD |
| Net Income | -176,857,834USD | 65,932,247USD | 139,708,193USD | -220,385USD | 7,707,264USD |
| Net Income From Continuing Ops | -176,952,806USD | 66,140,805USD | 139,760,782USD | -228,817USD | 7,706,696USD |
| Reconciled Depreciation | 21,050,529USD | 9,654,039USD | 2,964,283USD | 1,792,299USD | 1,228,200USD |
| Total Other Income Expense Net | -65,508,717USD | -847,670USD | -94,327USD | 299,000USD | -315,964USD |
| Minority Interest | 94,972USD | -208,558USD | -52,589USD | 8,432USD | 568USD |
| Selling And Marketing Expenses | — | 702,916USD | 1,148,308USD | — | — |
| Income Tax Expense | — | 14,645,261USD | 33,812,690USD | -45,034USD | 1,498,223USD |
| Ebit | — | 103,451,130USD | 173,355,077USD | -162,391USD | 10,984,829USD |
| Ebitda | — | 113,105,169USD | 176,319,360USD | 1,629,908USD | 12,213,029USD |
| Depreciation And Amortization | — | 9,654,039USD | 2,964,283USD | 1,792,299USD | 1,228,200USD |
| Interest Expense | — | — | 2,176,217USD | 182,061USD | 364,250USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q4 20252025-12-31 · USD | Q2 20252025-06-30 · USD | Q4 20242024-12-31 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|
| Total Assets | 92,835,665USD | 194,852,869USD | 270,787,910USD | 287,270,982USD |
| Other Current Assets | 22,450,733USD | 50,975,122USD | 58,321,780USD | 192,420,508USD |
| Total Liab | 38,086,081USD | 48,253,178USD | 60,725,626USD | 79,773,524USD |
| Total Stockholder Equity | 54,492,409USD | 146,236,263USD | 209,710,137USD | 207,176,017USD |
| Capital Stock | 2,870USD | 0USD | 0USD | 0USD |
| Retained Earnings | 28,096,362USD | 144,537,194USD | 209,954,196USD | 207,420,076USD |
| Cash | 26,286,333USD | 23,906,114USD | 114,804,348USD | 49,664,652USD |
| Total Current Assets | 63,854,199USD | 147,428,991USD | 194,664,583USD | 272,681,437USD |
| Total Current Liabilities | 37,997,956USD | 48,215,366USD | 60,602,611USD | 79,499,716USD |
| Net Receivables | 9,544USD | — | 9,047,322USD | 6,667,422USD |
| Inventory | 7,849,479USD | 23,437,790USD | 12,491,133USD | 23,928,855USD |
| Accounts Payable | 2,815,228USD | 5,372,174USD | 6,851,581USD | 3,972,306USD |
| Property Plant Equipment Net | 27,545,051USD | 42,631,086USD | 72,176,077USD | 11,679,775USD |
| Property Plant Equipment Gross | 56,659,743USD | 42,631,086USD | 84,415,418USD | 17,474,762USD |
| Common Stock Shares Outstanding | 113,135,941shares | 113,135,941shares | 81,475,000shares | 81,475,000shares |
| Non Current Assets Total | 28,981,466USD | 47,423,878USD | 76,123,327USD | 14,589,545USD |
| Non Current Liabilities Total | 88,125USD | 37,812USD | 123,015USD | 273,808USD |
| Non Currrent Assets Other | 1,436,415USD | 2,680,439USD | 1,834,897USD | 2,909,770USD |
| Net Working Capital | 25,856,243USD | 99,213,625USD | 134,061,972USD | 193,181,721USD |
| Unclassified Current Assets | 7,258,110USD | 49,109,965USD | — | — |
| Unclassified Current Liabilities | 35,182,728USD | 36,285,824USD | 51,845,186USD | 48,568,925USD |
| Unclassified Equity | 26,393,177USD | 1,699,069USD | — | — |
| Other Current Liab | — | 6,557,368USD | 631,116USD | 3,545,838USD |
| Unclassified Non Current Assets | — | 2,112,353USD | 2,112,353USD | — |
| Cash And Short Term Investments | — | — | 114,804,348USD | 49,664,652USD |
| Current Deferred Revenue | — | — | 952,340USD | 23,072,773USD |
| Net Debt | — | — | -114,358,945USD | -49,050,970USD |
| Short Term Debt | — | — | 322,388USD | 339,874USD |
| Short Long Term Debt Total | — | — | 445,403USD | 613,682USD |
| Accumulated Other Comprehensive Income | — | — | -244,059USD | -244,059USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Total Assets | 92,835,665USD | 270,787,910USD | 191,666,710USD | 11,894,174USD | 15,047,915USD |
| Other Current Assets | 22,450,733USD | 58,321,780USD | 123,785,248USD | 2,849,577USD | 5,069,911USD |
| Total Liab | 38,086,081USD | 60,725,626USD | 42,745,231USD | 2,774,343USD | 5,374,000USD |
| Total Stockholder Equity | 54,492,409USD | 209,710,137USD | 148,777,890USD | 9,028,831USD | 9,674,482USD |
| Capital Stock | 2,870USD | 0USD | 0USD | 0USD | 0USD |
| Retained Earnings | 28,096,362USD | 209,954,196USD | 149,021,949USD | 9,273,760USD | 9,494,145USD |
| Cash | 26,286,333USD | 114,804,348USD | 46,696,859USD | 601,731USD | 3,652,880USD |
| Total Current Assets | 63,854,199USD | 194,664,583USD | 178,299,431USD | 3,888,840USD | 9,711,415USD |
| Total Current Liabilities | 37,997,956USD | 60,602,611USD | 42,564,344USD | 2,496,278USD | 5,025,493USD |
| Net Receivables | 9,544USD | 9,047,322USD | 4,282,387USD | 437,532USD | 988,624USD |
| Inventory | 7,849,479USD | 12,491,133USD | 3,534,937USD | 0USD | — |
| Accounts Payable | 2,815,228USD | 6,851,581USD | 858,210USD | 198,102USD | 19,415USD |
| Property Plant Equipment Net | 27,545,051USD | 72,176,077USD | 11,782,554USD | 8,005,334USD | 5,336,500USD |
| Property Plant Equipment Gross | 56,659,743USD | 84,415,418USD | 17,132,307USD | 10,455,738USD | 6,945,668USD |
| Common Stock Shares Outstanding | 113,135,941shares | 114,135,938shares | 114,135,938shares | 114,135,938shares | 114,135,938shares |
| Non Current Assets Total | 28,981,466USD | 76,123,327USD | 13,367,279USD | 8,005,334USD | 5,336,500USD |
| Non Current Liabilities Total | 88,125USD | 123,015USD | 180,887USD | 278,065USD | 348,508USD |
| Non Currrent Assets Other | 1,436,415USD | 1,834,897USD | 1,584,725USD | — | — |
| Net Working Capital | 25,856,243USD | 134,061,972USD | 135,735,087USD | 1,392,562USD | 4,685,922USD |
| Unclassified Current Assets | 7,258,110USD | — | — | — | — |
| Unclassified Current Liabilities | 35,182,728USD | 51,845,186USD | 35,476,333USD | 1,403,675USD | 1,519,227USD |
| Unclassified Equity | 26,393,177USD | — | — | — | — |
| Other Current Liab | — | 631,116USD | 4,082,096USD | 894,501USD | 3,486,851USD |
| Cash And Short Term Investments | — | 114,804,348USD | 46,696,859USD | 601,731USD | 3,652,880USD |
| Current Deferred Revenue | — | 952,340USD | 1,980,569USD | — | — |
| Net Debt | — | -114,358,945USD | -46,348,836USD | -601,731USD | -3,652,880USD |
| Short Term Debt | — | 322,388USD | 167,136USD | — | — |
| Short Long Term Debt Total | — | 445,403USD | 348,023USD | — | — |
| Accumulated Other Comprehensive Income | — | -244,059USD | -244,059USD | -244,929USD | 180,337USD |
| Unclassified Non Current Assets | — | 2,112,353USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Net Income | -176,857,834USD | 66,140,805USD | 139,760,782USD | -228,817USD | 7,706,696USD |
| Depreciation | 21,050,529USD | 9,654,039USD | 2,964,283USD | 1,792,299USD | 1,228,200USD |
| Stock Based Compensation | 555,045USD | 0USD | 0USD | — | — |
| Other Non Cash Items | -31,095,096USD | -165,673,793USD | -197,383,734USD | -13,185,764USD | -19,591,970USD |
| Change To Account Receivables | 0USD | -4,695,605USD | -3,850,321USD | -406,738USD | — |
| Change To Inventory | -74,133,471USD | -120,843,518USD | -3,534,937USD | 0USD | — |
| Change In Working Capital | -94,007,764USD | -107,346,014USD | 23,651,333USD | -1,077,423USD | 4,455,997USD |
| Total Cash From Operating Activities | -166,896,438USD | -199,337,316USD | -31,285,401USD | -12,744,739USD | -6,203,664USD |
| Capital Expenditures | -4,186,198USD | -12,968,470USD | -6,685,461USD | -5,191,527USD | -4,171,536USD |
| Free Cash Flow | -171,082,636USD | -212,305,786USD | -37,970,862USD | -17,936,266USD | -10,375,200USD |
| Total Cash From Financing Activities | 22,829,858USD | -538,686USD | -361,584USD | 350,118USD | -963,123USD |
| Dividends Paid | -4,051,000USD | 0USD | 0USD | — | — |
| Issuance Of Capital Stock | 26,880,858USD | 0USD | 0USD | — | — |
| Change In Cash | -88,518,015USD | 68,107,489USD | 46,095,128USD | -3,051,149USD | 3,640,903USD |
| Begin Period Cash Flow | 114,804,348USD | 46,696,859USD | 601,731USD | 3,652,880USD | 11,977USD |
| End Period Cash Flow | 26,286,333USD | 114,804,348USD | 46,696,859USD | 601,731USD | 3,652,880USD |
| Unclassified Operating Cash Flow | 113,458,682USD | -2,112,353USD | — | — | — |
| Investments | — | 267,983,491USD | 77,741,089USD | 9,654,611USD | 10,753,012USD |
| Total Cashflows From Investing Activities | — | 267,983,491USD | 77,741,089USD | 9,654,611USD | 10,753,012USD |
| Other Cashflows From Investing Activities | — | 280,951,961USD | 84,426,550USD | 14,846,138USD | 14,924,548USD |
| Other Cashflows From Financing Activities | — | -538,686USD | -361,584USD | 350,118USD | -963,123USD |
| Unclassified Investing Cash Flow | — | -267,983,491USD | -77,741,089USD | -9,654,611USD | -10,753,012USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.