Cryptocurrency Mining Manufacturer Bgin Blockchain Sets IPO Price at $6 Per Share, First Day of Trading Sees Over 17% Decline

BlockBeats News, October 22. Bgin Blockchain (BGIN.US), focused on alternative cryptocurrency mining equipment production, was listed on the Nasdaq stock exchange yesterday. Its initial public offering (IPO) was priced at $6 per share, which was the midpoint of the previously announced price range of $5-7 per share. The company issued 5 million shares of stock in its IPO, raising $30 million. The stock fell 17.33% on its first day of trading, closing at $4.96.