BGIN BLOCKCHAIN LIMITED Announces Share Purchases by Chairman and Independent Director
Rhea-AI Summary
BGIN BLOCKCHAIN LIMITED (NASDAQ: BGIN) announced that two directors purchased Class A ordinary shares in the open market on Jan 9, 2026, signaling insider buying activity.
Chairman and co-founder Oisin Li bought an aggregate of 60,000 shares at an average price of US$3.70 per share, and independent director Paul Tsang bought an aggregate of 8,100 shares at an average price of US$2.85 per share. Company commentary frames the purchases as demonstrations of confidence in BGIN's long-term prospects and strategic direction within the Bitcoin ecosystem.
Positive
- Insiders purchased a total of 68,100 Class A shares on Jan 9, 2026
- Chairman Oisin Li acquired 60,000 shares at an average of US$3.70
- Independent director Paul Tsang acquired 8,100 shares at an average of US$2.85
- Insider buying signals board confidence in the company's long-term prospects
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BGIN gained 4.93%, reflecting a moderate positive market reaction. This price movement added approximately $16M to the company's valuation, bringing the market cap to $340M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers were flagged in the momentum scanner, indicating the setup appears stock-specific rather than part of a broader sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 15 | Auditor change | Neutral | -1.6% | Appointment of MaloneBailey as new independent registered public accounting firm. |
| Nov 14 | Interim earnings | Negative | +0.6% | Sharp revenue decline and swing from gross profit to gross loss with higher expenses. |
Limited history shows mixed reactions: a minor decline on an auditor change and a slight gain despite weak interim results, suggesting potential divergence between fundamentals news and near-term price moves.
Over the last several months, BGIN reported unaudited results for the six months ended June 30, 2025, with total revenue of US$47.7 million versus US$144.5 million in 1H 2024 and a basic and diluted net loss per share of US$0.56. The stock rose about 0.63% after that release despite weaker financials. On December 15, 2025, the company announced appointing MaloneBailey, LLP as its new auditor, replacing ZH CPA, LLC, after which shares slipped about 1.6%. Today’s insider share purchases follow this period of operational and governance updates.
Market Pulse Summary
This announcement highlights open-market share purchases by BGIN’s chairman and an independent director, at average prices of US$3.70 and US$2.85 per share, signaling their stated confidence in the company’s long-term direction. In recent months, BGIN has faced weaker interim financials and an auditor change. Investors may track upcoming financial reports, operational execution in cryptocurrency mining, and any further governance or insider activity as indicators of how the strategy progresses.
AI-generated analysis. Not financial advice.
SINGAPORE, Jan. 09, 2026 (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED (“BGIN” or the “Company”; NASDAQ: BGIN), a digital asset technology company with proprietary cryptocurrency mining technologies and a manufacturer of cryptocurrency mining hardware, today announced that the chairman of its board of directors and co-founder of the Company, Oisin Li, and its independent director, Paul Tsang, had purchased additional Class A ordinary shares of the Company in the open market.
Mr. Li acquired an aggregate of 60,000 Class A ordinary shares at an average price of US
"My decision to invest further aligns with my strong conviction in BGIN's direction and its long-term potential. We are actively strategizing to become an infrastructure player within the Bitcoin ecosystem," said Oisin Li, Chairman and co-founder of BGIN. "Together with Paul, I see a notable gap between today’s price and the long-term future value I am confident the Company can achieve."
About BGIN BLOCKCHAIN LIMITED
BGIN BLOCKCHAIN LIMITED (NASDAQ: BGIN) 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.
For more information, please visit: www.bgin.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements 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,” and similar statements. Statements that are not historical facts, including statements about BGIN’s beliefs, plans, and expectations, 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 www.sec.gov. 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.
For investor and media inquiries, please contact:
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