星球日报|Oct 20, 2026 20:12
[NIP Group Plans to Acquire 4.47 EH/s Bitcoin Mining Machines, Valued at $27.3 Million, Monthly Production Target Raised to 195 BTC]
Odaily Planet Daily News – Abu Dhabi-based publicly listed esports company NIP Group announced that it has signed an agreement to acquire Bitcoin mining equipment with a total hash rate of approximately 4.47 EH/s, increasing its deployed total hash rate to about 13.85 EH/s. The transaction is valued at up to $27.3 million, with the company set to issue up to 247.1 million Class A common shares to the seller.
NIP Group expects that once all the equipment is deployed, the mining facility's monthly production will reach approximately 195 Bitcoins, up from the previously set target of 160 Bitcoins, valued at around $16 million based on the current price. The equipment is already operational at a hosting facility, and Bitcoin production can increase immediately upon completion of the transaction.
NIP Group launched its Bitcoin mining business in July 2025 and has been gradually scaling its hash rate to higher levels. The company stated that the additional hash rate will support its digital infrastructure strategy, with plans to expand into AI, high-performance computing, and gaming applications. (Bitcoin.com News)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink