StocksMedium•20 October 2026•
1 min read

NIP Group to Acquire Bitcoin Mining Hardware, Adding 4.47 EH/s in Capacity

Key Facts

1NIP Group entered a definitive agreement to acquire Bitcoin mining hardware with a combined hashrate of approximately 4.47 EH/s.

NIP Group entered into a definitive agreement to acquire Bitcoin mining hardware with a combined hashrate of approximately 4.47 exahash per second (EH/s). GlobeNewswire reported that this transaction represents the third tranche of the company's asset-purchase strategy, involving the issuance of up to 247,091,740 Class A ordinary shares to the sellers for equipment that is already deployed and operational.

The acquisition is expected to bring the company's total Bitcoin mining capacity across all three tranches to approximately 13.85 EH/s, potentially generating 195 Bitcoins per month at full deployment. NIPG closed at $6.7 on October 19, 2026, as the group continues to execute its strategy of converging digital entertainment with high-performance computing infrastructure.