Bgin Blockchain Ltd. (Ticker: BGIN US), a Cayman Islands-incorporated company with operations in Singapore, Hong Kong, and the U.S., designs and sells cryptocurrency mining equipment, focusing on alternative currencies. The company plans to list on NASDAQ on April 1, 2025. The IPO consists of 6.3 million shares with a price range of $7.00-$9.00, aiming to raise $50.0 million. Bgin's subsidiaries design and sell mining machines with proprietary ASIC chips for mining cryptocurrencies. They also offer miner hosting services. The underwriters are Chardan and The Benchmark Company. For the fiscal year ended December 31, 2023, and the six months ended June 30, 2024, the company sold 67,998 and 47,252 mining machines, respectively. The company reported revenue of $392.23 million and net income of $201.94 million for the last 12 months, with operations heavily dependent on KAS coins. Market cap is $652 million.