BGIN BLOCKCHAIN LIMITED Announces Settlement of Its Subsidiary’s Hosting Dispute and Full Recovery of Mining Machines

(SeaPRwire) –   SINGAPORE, April 13, 2026 — BGIN BLOCKCHAIN LIMITED (the “Company”; NASDAQ: BGIN), a digital asset technology firm and manufacturer of cryptocurrency mining hardware, today announced it has successfully resolved a series of disputes involving its U.S. subsidiary, BGIN Infrastructure, LLC (“BGIN”), and Mawson Hosting, LLC (“Mawson”), the landlord of BGIN’s former hosting provider, Krypton Technologies, LLC (“Krypton”). Through a confidential settlement, BGIN has regained possession of all its mining machines.

The conflict originated from a Hosting Services Agreement signed on June 14, 2024, between BGIN and Krypton. Under this agreement, Krypton was to operate roughly 5,325 mining machines owned by BGIN. After Krypton defaulted on its commitments to landlord Mawson, Mawson seized the mining equipment. At the same time, BGIN issued written notice to Krypton terminating the Hosting Services Agreement and demanded its machines back. Krypton could not comply as the machines were already held by Mawson.

BGIN initiated legal action against Mawson in Beaver County, Pennsylvania, on March 31, 2025, seeking recovery of the machines and compensation for damages. Subsequently, on June 2, 2025, Mawson filed a third-party complaint against Krypton based on a separate agreement between them. Following months of legal proceedings, the parties reached a confidential settlement. As part of this agreement, Mawson consented to return the mining machines to BGIN and has now done so.

About BGIN Blockchain Limited

BGIN BLOCKCHAIN LIMITED (NASDAQ: BGIN) is a digital asset technology company that utilizes its proprietary cryptocurrency-mining technologies and expertise in ASIC chip and mining machine design to access new cryptocurrency opportunities. Its long-term strategy centers on self-mining. The company’s goal is to democratize crypto mining by creating innovative products for a broad range of users, from novices to major industrial mining operations. BGIN designs and builds mining machines under its ICERIVER brand, offering customers operational adaptability through sophisticated mining infrastructure and hosting solutions.

For more information, please visit: www.bgin.com or www.iceriver.io.

Safe Harbor Statement

This press release includes statements that may be deemed “forward-looking” as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934, under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” “target,” “project,” “potential,” “seek,” “may,” “should,” “could,” “would,” and similar phrases or their negatives identify these statements. Forward-looking statements include non-historical assertions, particularly regarding the Company’s plans for deploying recovered mining machines, its mining operations, and its strategic goals. While the Company considers these expectations reasonable, it cannot guarantee their accuracy and warns investors that actual outcomes may differ significantly. Investors are encouraged to examine other factors affecting future performance in the Company’s SEC filings. Further details are available in these filings at www.sec.gov. All information herein is current as of the press release date, and the Company assumes no duty to update forward-looking statements unless mandated by 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