BGIN BLOCKCHAIN LIMITED (("BGIN" or the "Company", NASDAQ:BGIN), a digital asset technology company specializing in proprietary cryptocurrency mining technologies and the manufacturing of cryptocurrency mining hardware, today announced the launch of its ASIC Chip Customization Solutions Business timed with the completion of its first customer hardware delivery.

This new business builds on a natural culmination of the Company's extensive experience in ASIC chip design and mining hardware engineering. BGIN has previously developed proprietary ASIC mining hardware for multiple cryptocurrency projects, including KAS, ALPH, and ALEO, and most recently completed the successful tape-out of its 4nm BT1 Bitcoin mining chip in March 2026. These capabilities have historically served the Company's proprietary mining hardware product lines and ICERIVER-brand products.

Distinct from BGIN's historical business model centered on the sale of proprietary-branded mining hardware, the ASIC Chip Customization Solutions business makes the Company's long-standing internal capabilities available to external parties for the first time. Centered on ASIC chip customization and covering end-to-end stages — including chip design, hardware optimization for specific algorithms or application scenarios, mining or hardware system integration, manufacturing coordination, system-level validation, and, where applicable, distribution through the ICERIVER platform — the ASIC Chip Customization Solutions business provides customized solutions to third-party customers with specialized computing power or hardware requirements. This represents an initial step toward extending the Company's capabilities beyond its three existing operations of mining hardware sales, cryptocurrency mining, and hosting services, and may over time contribute to a broader revenue base.

BGIN has also completed the initial hardware customer delivery within the new ASIC Chip Customization Solutions business. This project involves the delivery of customized mining hardware by the Company to a PoW protocol project customer. BGIN completed an initial production batch of 3,000 customized PoW mining machines under a hybrid distribution arrangement: 2,400 units have been delivered directly to the customer, while the remaining 600 units will be made available to end users through the ICERIVER official sales channel as the retail distribution component of this customized project, subject to final listing schedule, inventory considerations, and applicable commercial arrangements.