Cryptocurrency mining machine manufacturer Bgin Blockchain sets IPO price at $6 per share, with a first-day drop of over 17%

ChainCatcher news, focusing on alternative cryptocurrency mining equipment production, Bgin Blockchain (BGIN.US) was listed on the Nasdaq yesterday. Its initial public offering (IPO) was priced at $6 per share, at the midpoint of the previously announced range of $5-7 per share. The company issued 5 million shares in its IPO, raising $30 million. The stock closed down 17.33% on its first day of trading, at $4.96.