SINGAPORE, March  17, 2026  (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED ((&#34;BGIN&#34; or the &#34;Company&#34;, NASDAQ:BGIN), a digital asset technology company with proprietary cryptocurrency mining technologies and a manufacturer

BGIN

BGIN BLOCKCHAIN LIMITED Announces Successful Tape-Out of 4nm BT1 Bitcoin Mining Chip

BGIN Achieves Key Milestone with BT1 Bitcoin Mining ASIC Chip

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SINGAPORE, March  17, 2026  (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED ((&amp;#34;BGIN&amp;#34; or the &amp;#34;Company&amp;#34;, NASDAQ:BGIN), a digital asset technology company with proprietary cryptocurrency mining technologies and a manufacturer</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BGIN Blockchain Limited has achieved first-pass silicon success with its BT1 Bitcoin mining ASIC chip, a significant milestone in its strategic shift towards Bitcoin mining infrastructure. This achievement underscores the company&#039;s strong execution track record and positions it well for future growth in the cryptocurrency mining sector.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BGIN announced first-pass silicon success for its BT1 Bitcoin mining ASIC chip.</li><li>This chip development signifies a strategic evolution toward Bitcoin mining infrastructure.</li><li>BGIN&#039;s seventh consecutive successful tape-out reflects strong execution and industry competence.</li><li>Performance and stability testing now underway for the new ASIC chip.</li><li>The company is moving towards a multi-generation Bitcoin mining roadmap.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BGIN Blockchain Limited (BGIN)</strong>: BGIN is advancing its position in the Bitcoin mining infrastructure market.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments, reflecting significant advancements in BGIN&#039;s chip technology. The strategic shift towards Bitcoin enhances its market relevance as demand for Bitcoin mining infrastructure grows.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Successful ASIC chip development could attract institutional investments in BGIN.</li><li>Early-stage testing completion could lead to production ramp-up and revenue growth.</li><li>BGIN&#039;s focus on Bitcoin mining positions it strategically within a growing market segment.</li><li>The company&#039;s track record may enhance investor confidence in future innovations.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BGIN&#039;s BT1 chip is BGIN&#039;s first proprietary ASIC designed for Bitcoin mining.</li><li>Seven consecutive successful tape-outs since 2022 demonstrate strong R&amp;D capabilities.</li><li>The BT1 chip successfully entered system-level testing and production preparation.</li><li>The mining chip program tape-out began in October 2025.</li><li>BGIN is developing next-generation chips to improve energy efficiency.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>With strong momentum in chip development, BGIN is positioned for upward momentum in the near term.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SINGAPORE, March  17, 2026  (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED (("BGIN" or the "Company", NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BGIN">BGIN</a>), a digital asset technology company with proprietary cryptocurrency mining technologies and a manufacturer of cryptocurrency mining hardware, today announced first-pass silicon success in the 4nm BT1 Bitcoin mining ASIC chip—the Company&#39;s first proprietary chip designed specifically for Bitcoin mining. This achievement marks an important milestone in the Company's Bitcoin mining chip program, which entered the tape-out phase in October 2025 and has now reached first-pass silicon success.</p>  <p>With the tape-out complete, the BT1 has now entered system-level testing and production preparation. This achievement represents the Company&#39;s seventh consecutive successful tape-out across its ASIC mining chip programs since 2022, reflecting a strong track record of execution.</p>  <p>"The successful tape-out of our BT1 chip marks a significant milestone for BGIN as we expand into Bitcoin mining infrastructure. We are advancing our strategic evolution from peripheral hash power toward mainstream mining infrastructure," said Oisin Li, Chairman of BGIN. "Altcoin mining was our training ground; Bitcoin is where we apply those lessons at scale. From Altcoin to Bitcoin, this reflects the natural progression of our engineering capabilities and a strategic decision to focus on the most resilient and infrastructure-driven segment of the digital asset ecosystem. We view Bitcoin not as a speculative opportunity, but as a critical layer of global digital infrastructure.&#34;</p>  <p>"With this achievement, we have completed one of the highest-risk and most capital-intensive phases of chip development," said Allen Wu, Chief Executive Officer of BGIN. "This demonstrates that our R&amp;D execution in advanced process nodes continues to advance within the industry. We are now conducting comprehensive performance and stability testing of the chip, followed by system-level integration and optimization to ensure mining machine performance in optimal operating conditions. Our mission is to offer best-in-class value in this industry sector through rigorous cost control."</p>  <p align="left">Achieving first-pass silicon success helps reduce development risk, supporting the Company's confidence in executing a multi-generation Bitcoin mining roadmap. BGIN has also begun early development on next generation advanced architecture bringing improved energy efficiency in our chips.</p>  <p><strong>About BGIN BLOCKCHAIN LIMITED</strong></p>  <p>BGIN BLOCKCHAIN LIMITED (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BGIN">BGIN</a>) is a digital asset technology company with proprietary cryptocurrency-mining technologies that leverages its experience in designing ASIC chips and mining machines to penetrate new cryptocurrency opportunities and execute on a long-term strategic focus on self-mining. BGIN's mission is to make crypto mining accessible to all by developing innovative products tailored to various market needs, from beginners to large-scale industrial miners. BGIN designs and manufactures mining machines under its ICERIVER brand, providing customers with operational flexibility through advanced mining infrastructure and hosting services.</p>  <p>For more information, please visit: <a href="https://www.globenewswire.com/Tracker?data=IvncWC_Yr31ofs11Kvo6oBtMiwRNudJDDORD68hwS0T8UtGXVaMqDEpnc0S-XnkHugcmYTBxigEXSOxAZbcO4Q==" rel="nofollow" target="_blank">www.bgin.com</a> or <a href="https://www.globenewswire.com/Tracker?data=CEqHhERLPWQWMk4PenFetgthWJem3Gpu3dUuoDweM04CBYO0l-nItX18_sxmSBQYYpPo77IwVUFzNmiPmij6LVs2C_LrUgfPEODUPJyGhLo=" rel="nofollow" target="_blank">www.iceriver.io</a>.</p>  <p><strong>Safe Harbor Statement</strong></p>  <p>This press release contains statements that may constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," "target," "project," "potential," "seek," "may," "should," "could," "would," and similar expressions or the negative thereof. Statements that are not historical facts, including but not limited to statements regarding the Company's expectations concerning chip performance and validation, production readiness and timelines, system-level testing and integration, next-generation chip development, customer sample testing and pre-order discussions, and the Company's strategic plans and objectives, are forward-looking statements. Although BGIN believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and BGIN cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results set forth in BGIN's filings with the U.S. Securities and Exchange Commission (the "SEC"). Additional factors are discussed in BGIN's filings with the SEC, which are available for review at <a href="http://www.sec.gov" title="www.sec.gov">www.sec.gov</a>. All information provided in this press release is as of the date of this press release, and BGIN does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>  <p><strong>For investor and media inquiries, please contact:</strong><br></br><br></br>BGIN BLOCKCHAIN LIMITED</p>  <p>Investor Relations<br></br>ir@bgin.com<br></br>Robin Yang<br></br>BGIN.IR@icrinc.com</p>  <p>Media Relations<br></br>pr@bgin.com<br></br>Brad Burgess<br></br>BGIN.PR@icrinc.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY3MzA2OCM3NDg2OTg1IzIyOTMxNTE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YmM4ZGNlMTQtODMyNi00NzQ3LTgxZmUtNjExMjdiZGY3ZTM1LTEzMDQ3MDEtMjAyNi0wMy0xNi1lbg==/tiny/BGIN-Blockchain-Limited.png" referrerpolicy="no-referrer-when-downgrade"></img>

BGIN Blockchain Limited has achieved first-pass silicon success with its BT1 Bitcoin mining ASIC chip, a significant milestone in its strategic shift towards Bitcoin mining infrastructure. This achievement underscores the company's strong execution track record and positions it well for future growth in the cryptocurrency mining sector.

BGIN BLOCKCHAIN LIMITED Announces Successful Tape-Out of 4nm BT1 Bitcoin Mining Chip

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News