Bgin Blockchain Ltd. Class A (BGIN) AI Stock Analysis

• Market Cap: $337.15M
• Dividend Yield: N/A
• Average Volume (3M): 53.66K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.02
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 109
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): N/A
• Shares Outstanding: 90,581,566
• 10 Day Avg. Volume: 38,464
• 30 Day Avg. Volume: 53,665
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $3.00 ▲(3.81% Upside)

Bgin Blockchain Ltd. Class A's overall stock score is primarily influenced by its strong revenue growth and effective equity utilization. However, significant challenges such as declining profitability margins, negative cash flows, and bearish technical indicators weigh heavily on the score. The lack of valuation data adds uncertainty to the stock's assessment.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates positive market demand and successful business expansion strategies, enhancing its competitive position.

Low Leverage

Low leverage provides financial stability and flexibility, allowing the company to invest in growth opportunities without significant debt burden.

IPO Completion

The successful IPO provides capital for strategic growth initiatives, such as expanding mining operations and developing new technologies, strengthening long-term prospects.

Negative Factors

Declining Profit Margins

Declining profit margins suggest increased costs or pricing pressures, which could impact long-term profitability and operational efficiency.

Negative Cash Flows

Negative cash flows indicate potential liquidity issues, limiting the company's ability to fund operations and invest in growth without external financing.

Revenue Decline

A decline in revenue can weaken market positioning and stakeholder confidence, challenging the company's ability to sustain growth and profitability.

Bgin Blockchain Ltd. Class A Business Overview & Revenue Model

Company Description

Bgin Blockchain Limited, through its subsidiaries, operates as a digital asset technology company in Singapore, Hong Kong, the United States, and rest of Southeast Asia. It produces cryptocurrencies through its mining operations. The company also designs and sells mining machines for individual miners and distributors, as well as develops computer chips. In addition, it offers miner hosting, mining pool, and value-added services. The company was founded in 2019 and is based in Singapore.

How the Company Makes Money

Bgin Blockchain Ltd. generates revenue through multiple streams, primarily by offering blockchain development services and consulting to enterprises looking to implement blockchain solutions. This includes custom software development for dApps and smart contracts, which are billed based on project scope and complexity. Additionally, the company monetizes its proprietary blockchain platforms through subscription models and transaction fees for users engaging with its services. BGIN may also enter strategic partnerships with technology firms and industry leaders, allowing it to expand its service offerings and access new markets, thus contributing to its overall revenue growth.

Bgin Blockchain Ltd. Class A Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	302.28M	257.27M	15.05M	21.52M
Gross Profit	127.69M	199.17M	8.93M	14.87M
EBITDA	113.11M	176.32M	1.63M	12.21M
Net Income	65.93M	139.71M	-220.38K	7.71M
Balance Sheet
Total Assets	270.79M	191.67M	11.89M	15.05M
Cash, Cash Equivalents and Short-Term Investments	114.80M	46.70M	601.73K	3.65M
Total Debt	445.40K	348.02K	0.00	0.00
Total Liabilities	60.73M	42.75M	2.77M	5.37M
Stockholders Equity	209.71M	148.78M	9.03M	9.67M
Cash Flow
Free Cash Flow	-212.31M	-37.97M	-17.94M	-10.38M
Operating Cash Flow	-199.34M	-31.29M	-12.74M	-6.20M
Investing Cash Flow	267.98M	77.74M	9.65M	10.75M
Financing Cash Flow	-538.69K	-361.58K	350.12K	-963.12K

Bgin Blockchain Ltd. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
QBTS	59 Neutral	$10.25B	-21.67	-122.03%	―	156.20%	-218.56%
BGIN	53 Neutral	$337.15M	―	―	―	―	―
IONQ	51 Neutral	$17.87B	-9.42	-108.23%	―	113.07%	-555.52%
CAN	48 Neutral	$455.30M	-1.20	-62.67%	―	83.38%	50.44%
QUBT	47 Neutral	$2.68B	-19.74	-14.49%	―	41.51%	-111.74%
EBON	46 Neutral	$22.94M	-1.19	-7.04%	―	154.52%	47.31%

Bgin Blockchain Ltd. Class A Corporate Events

BGIN Blockchain Appoints MaloneBailey as New Auditor

On December 15, 2025, BGIN Blockchain Limited announced the appointment of MaloneBailey, LLP as its new independent registered public accounting firm, effective December 12, 2025. This decision, approved by the company’s Audit Committee and Board of Directors, follows a thorough evaluation process and aims to leverage MaloneBailey’s extensive experience in the cryptocurrency sector to support BGIN’s growth and operations. The company expressed gratitude to its former auditor, ZH CPA, LLC, for their service over the past four years.

The most recent analyst rating on (BGIN) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Bgin Blockchain Ltd. Class A stock, see the BGIN Stock Forecast page.

Bgin Blockchain Ltd. Announces Departure of Communication Officer

Bgin Blockchain Ltd., a company involved in blockchain technology, announced the departure of its communication officer, Nicholas Williams, on November 28, 2025. The separation was mutual and amicable, with a severance agreement providing Williams a lump sum payment equivalent to three months of his salary. This change in personnel may impact the company’s communication strategies and stakeholder relations.

The most recent analyst rating on (BGIN) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Bgin Blockchain Ltd. Class A stock, see the BGIN Stock Forecast page.

Bgin Blockchain Ltd. Reports Financial Loss Amidst Revenue Decline

Bgin Blockchain Ltd. reported its unaudited financial results for the six months ended June 30, 2025, showing a significant decrease in total revenue compared to the same period in 2024. The company experienced a gross loss of $6.3 million, primarily due to increased costs in mining operations, despite a rise in mining revenue. This financial performance may impact the company’s market positioning and stakeholder confidence as it navigates the challenges within the volatile cryptocurrency industry.

BGIN Blockchain Ltd. Completes $30 Million IPO on Nasdaq

On October 22, 2025, BGIN Blockchain Limited successfully closed its initial public offering (IPO) of 5,000,000 Class A ordinary shares at $6.00 per share, raising approximately $30 million before expenses. The shares began trading on the Nasdaq Global Market under the ticker symbol ‘BGIN’ on October 21, 2025. The company plans to use the proceeds to expand its mining operations and develop new proprietary chips. This IPO marks a significant milestone for BGIN, enhancing its market presence and financial capacity to pursue strategic growth initiatives.