Singapore encryption Mining Rig manufacturer Bgin Blockchain plans to raise 30 million USD through a share placement.

According to Mars Finance, Singapore's crypto mining rig manufacturer Bgin Blockchain announced plans to publicly issue 5 million Class A ordinary shares, with an issuance price of 6 USD per share, raising a total of 30 million USD. This issuance is expected to be completed around October 22, 2025, but is subject to customary closing conditions. The new funds will be used for the acquisition or construction of mining farms, as well as the development of new proprietary chips for crypto assets mining machines, among other matters.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)