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Bgin Blockchain Limited (Class A) (BGIN) — RQD Stock Rating Cockpit

$1.82 +1.68% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $1.82

Bgin Blockchain Limited (Class A) (BGIN) carries a Roarable Rating of D- (Sell) with 39/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (39/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • RED ALERT Cap $205.9M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $1.82 (+0.11%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (39/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-7.6% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-8.8% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BGIN)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (39/100 Composite)

🔍 WHY BGIN SCORES 39/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+13/20 pts (33% of score)

FRED Regime × Technicals: 8% of 52W Range • RSI-14 at 40 (NEUTRAL RANGE)

▲ #2 Bullish Driver: Whale & Options Positioning+11/20 pts (28% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$2.10-9% Next Q

Q2 (-2Q)

Grade D$1.91-7.9% Next Q

Q3 (-1Q)

Grade D$1.76+3.4% Next Q

Current

Grade D-$1.82-7.6% Hist 90D α

Trajectory: D (47) → D- (39)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a BGIN Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While BGIN currently carries a cautious 39/100 (D-) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($1.99) and Max Pain ($1.91) forces dealer call-delta covering toward $4.63.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BGIN• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BGIN Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 39%NO 61%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

4030 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

3.80>3.0 Fortress Safe

PIOTROSKI F-SCOREWEAK QUALITY (1–4)

2 / 99-Pt Accounting

52-WEEK LASER RANGE8% OF RANGE

L: $2$1.82H: $4

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: D-RQD 7 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: D-RQD 14 / 40

3. Hidden Risks & Market Weather● WARNING

SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 18 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

3-of-3 JEV AI Jury Bearish Warning on BGIN

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (35)

-35.0% ROIC with 42.0% gross margin and 2.80% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BEARISH (25)

Altman-Z 4.20 and Piotroski 2/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (45)

14/40 institutional & smart-money positioning score with 13/20 macro alignment.

Bull Case: Why Buyers Like BGIN

✓Established market leader in Financials with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BGIN)

✓Walkthrough of BGIN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

BGIN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -45.99%📐 HORIZONTAL RANGE

2026-10-30O $1.79H $1.82L $1.72C $1.82VOL 10.9K

RES: $3.53SUP: $1.33SMA50: $1.99SMA200: $2.53

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BGIN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BGIN Butterfly Map → + Track BGIN →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. -65.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BGIN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BGIN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BGIN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BGIN)

Financials Rank #994 of 1096 ⚔️ LIEN vs BGIN Full Matrix →

1. Head-to-Head Financials Peer Comparison (BGIN vs. LIEN, LDI, PNNT, CPSS)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Bgin Blockchain Limited (Class A) (BGIN) ranks #994 by composite RQD confidence (39/100, grade D-) and #878 by equity capitalization ($205.9M). Within this direct 5-issuer industry benchmark cohort, PNNT leads on earnings valuation at 6.0x trailing P/E, while LIEN leads on capital efficiency and profitability with 11.0% ROIC and — gross margin. PNNT currently holds the highest overall quantitative score in the immediate peer group at 65/100 (C) compared with BGIN at 39/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BGIN ACTIVE Bgin Blockchain Limited (Class A)	D-	39/100	—	—	-35.0%	+1.68%	$205.9M	Benchmark Subject
LIEN Chicago Atlantic BDC Inc.	D	46/100	6.3x	—	11.0%	+0.33%	$208.8M	/lien-vs-bgin →
LDI loanDepot Inc. (Class A)	D-	39/100	—	—	-27.9%	-3.16%	$202.4M	/ldi-vs-bgin →
PNNT PennantPark Investment Corporation	C	65/100	6.0x	—	7.2%	+2.73%	$196.5M	/pnnt-vs-bgin →
CPSS Consumer Portfolio Services Inc.	C	63/100	11.3x	—	6.2%	+1.32%	$218.2M	/cpss-vs-bgin →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001945565

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Bgin Blockchain Limited (Class A) (BGIN) reported GAAP revenue of $67.4M (-77.7% vs. FY2024 revenue of $302.3M , and -73.8% cumulative change since FY2023) , GAAP net income of -$177.0M, operating cash flow of -$166.9M, and free cash flow of -$171.1M (+19.4% YoY). On the balance sheet, BGIN closed FY2025 with $92.8M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 2/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$67.4M	-$177.0M	-$166.9M	-$171.1M	$92.8M	—
FY2024 (FY)	2024-12-31	$302.3M	$66.1M	-$199.3M	-$212.3M	$270.8M	—
FY2023 (FY)	2023-12-31	$257.3M	$139.8M	-$31.3M	-$31.3M	—	—

3. BGIN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BGIN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Bgin Blockchain Limited (Class A) (NASDAQ: BGIN) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $1.82 (+1.68% 1D, market cap $205.9M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 3/20. Across 1096 tracked Financials issuers, BGIN ranks #994 in composite RQD confidence.

How does BGIN compare to LIEN and LDI in the Financials sector?

Within the Financials sector (Finance: Consumer Services), BGIN carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, LIEN (Chicago Atlantic BDC Inc.) holds a D grade (46/100 RQD, P/E 6.3x, ROIC 11.0%, cap $208.8M) and LDI (loanDepot Inc. (Class A)) posts a D- grade (39/100 RQD, P/E N/A, ROIC -27.9%, cap $202.4M). Among the 5-stock peer group, PNNT leads on earnings multiple (6.0x) while LIEN leads on capital efficiency (11.0% ROIC).

What are the biggest fundamental strengths and SEC risk factors for BGIN?

Per BGIN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001945565), Bgin Blockchain Limited (Class A) generated $67.4M in revenue (-77.7% YoY), -$177.0M in net income, and -$171.1M in free cash flow against $92.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is BGIN trading relative to its 50-day, 200-day, and 52-week technical levels?

BGIN last traded at $1.82 (+1.68% on volume of 14,339 shares), positioning the stock -8.54% below its 50-day simple moving average ($1.99) and -28.06% below its 200-day simple moving average ($2.53). Across its 52-week range of $1.61 to $4.41, BGIN sits at the 7.5% percentile with a 14-day RSI of 40.0 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($1.59 to $2.05).

BGIN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell BGIN stock right now?

Bgin Blockchain Limited (Class A) (BGIN) currently earns a Roarable Rating of D- (Sell — SELL) with 39/100 RQD Confidence. Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.

What is BGIN's 12-month price target and RQD AI Jury consensus?

BGIN's 12-month base price target is $1.66 (range $1.29 to $4.63), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: BGIN RQD Cockpit BGIN 12M Forecast BGIN Earnings & Move BGIN Dividends & DRIP BGIN Insiders & 13F BGIN Whale Options BGIN Profit Sankey BGIN News & Why