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

BGIN BLOCKCHAIN LIMITED announced the successful tape-out of its 4nm BT1 Bitcoin mining ASIC chip, marking a significant milestone in its Bitcoin mining chip program. This achievement, representing the Company’s seventh consecutive successful tape-out since 2022, signifies the completion of the first-pass silicon success and the entry into system-level testing and production preparation. The BT1 chip is BGIN's first proprietary chip designed specifically for Bitcoin mining. The company views Bitcoin mining as a critical layer of global digital infrastructure and aims to offer best-in-class value through rigorous cost control. BGIN also announced early development on next-generation chips with improved energy efficiency. The company, listed as BGIN on NASDAQ, is a digital asset technology company with proprietary cryptocurrency-mining technologies and manufactures mining hardware under its ICERIVER brand.