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BGIN Blockchain reports $177M net loss in 2025 amid strategic shift to Bitcoin mining.

Company Fundamentals
24 Apr 2026
GlobeNewsWire
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Bearish
pluang ai news

BGIN Blockchain Limited announced a net loss of $177 million for 2025, a sharp decline from $66.1 million net income in 2024, due to scaling back altcoin operations and focusing on Bitcoin infrastructure. Revenue dropped to $67.4 million from $302.3 million, mainly from reduced mining pool and machine sales. The company highlighted progress with its 4nm Bitcoin mining chip and plans to focus on Bitcoin and Dogecoin in 2026, aiming for sustainable growth. Despite losses, BGIN holds $26.3 million in cash and $22.5 million in crypto assets to support its strategic pivot.

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