NIP Group Signs Agreement to Acquire Bitcoin Mining Equipment
2026-10-21 04:50:20
According to CoinMeta, the listing parent company of esports clubs Ninjas, in, and Pyjamas, NIP Group, has signed an agreement to issue up to 247.1 million Class A ordinary shares, aiming to acquire approximately 4.47 EH /s of Bitcoin mining equipment, with a transaction valuation of up to about 27.3 million US dollars. Upon completion, the company's total computing power is expected to increase to around 13.85 EH /s, and the monthly production target after full deployment will be raised from 160 BTC to about 195 BTC. The actual production will depend on mining difficulty, the overall network computing power, and operational conditions. The relevant equipment is already in operation at the managed facilities, and the transaction must still meet the usual delivery conditions.
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