1. BGIN appointed MaloneBailey as independent auditors, effective December 12, 2025. 2. MaloneBailey has extensive experience in cryptocurrency sector audits. 3. The selection followed a detailed evaluation by BGIN’s Board and Audit Committee. 4. BGIN focuses on innovative mining technology and hardware for diverse market needs. 5. Company acknowledges ZH CPA, LLC for past services over four years.
FAQ
Why Bullish?
Engaging a reputable firm like MaloneBailey enhances trust and operational oversight. Historical data indicates investor confidence typically increases with strong auditing practices.
How important is it?
The appointment of a credible auditor is crucial for financial transparency and could influence investor sentiment positively.
Why Short Term?
Initial market reactions may occur rapidly due to auditor change visibility. Recent trends show quick price actions after similar corporate announcements.
BGIN Blockchain Limited Appoints MaloneBailey, LLP as New Accounting Firm
SINGAPORE, Dec. 15, 2025 (GLOBE NEWSWIRE) — BGIN Blockchain Limited (“BGIN”, NASDAQ: BGIN), a leader in digital asset technology known for its innovative cryptocurrency mining solutions, has officially appointed MaloneBailey, LLP as its independent registered public accounting firm. This change, effective December 12, 2025, comes as BGIN seeks to enhance its financial oversight and strategic direction.
Detailed Overview of the Appointment
The decision to transition from ZH CPA, LLC to MaloneBailey was made following a thorough evaluation process by the Company’s Audit Committee and Board of Directors. MaloneBailey brings extensive experience and a specialized focus on the cryptocurrency sector, making them a strong fit to support BGIN’s ongoing operations while aligning with its long-term growth strategies.
Gratitude Towards Previous Auditor
BGIN expressed its sincere appreciation for ZH CPA, LLC for their dedicated service and professionalism over the past four years. This transition marks a significant step for BGIN as it aims to solidify its position in the dynamic and evolving cryptocurrency market.
About BGIN Blockchain Limited
BGIN Blockchain Limited (NASDAQ: BGIN) is at the forefront of cryptocurrency mining technology. With proprietary mining technologies and a strong focus on designing application-specific integrated circuits (ASICs) and mining hardware, BGIN is committed to helping individuals and businesses navigate the complexities of cryptocurrency mining.
- Mission: To make crypto mining accessible to everyone.
- Product Offering: Innovative mining machines produced under the ICERIVER brand.
- Market Focus: Caters to both newcomers and large-scale industrial miners.
Looking Ahead
The move to engage MaloneBailey aligns with BGIN's strategic goals, enhancing its financial governance as it continues to pursue opportunities in the cryptocurrency sector. The Company remains optimistic about future growth, emphasizing its commitment to transparency and excellence in its operations.
Safe Harbor Statement
This announcement contains forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. Words such as “will,” “expects,” and “anticipates” signal these forward-looking statements, which involve risks and uncertainties. BGIN cautions that actual results may differ materially from expectations. Investors are encouraged to review BGIN's filings with the U.S. Securities and Exchange Commission (SEC) for additional information.
Contact Information
For further inquiries, please reach out to BGIN Blockchain Limited:
- Investor Relations: ir@bgin.com | Robin Yang: BGIN.IR@icrinc.com
- Media Relations: pr@bgin.com | Brad Burgess: BGIN.PR@icrinc.com