NIP Group to acquire bitcoin mining assets for up to 247,091,740 shares
NIPG•NIP Group agreed to acquire Bitcoin mining hardware with approximately 4.47 EH/s of capacity for up to 247,091,740 Class A ordinary shares. The third tranche would bring capacity across all three tranches to approximately 13.85 EH/s, with combined operations expected to produce about 195 Bitcoins monthly at full deployment, subject to network conditions and operational factors.
1. Mining asset acquisition
NIP Group agreed to acquire operational Bitcoin mining hardware with approximately 4.47 EH/s of capacity under a September 24, 2026, agreement. The sellers may receive up to 247,091,740 Class A ordinary shares.
2. Capacity and timing
The third-tranche acquisition would increase total capacity across all three tranches to approximately 13.85 EH/s. At full deployment, combined operations are expected to produce approximately 195 Bitcoins monthly, subject to network conditions and operational factors. Closing is expected within 10 business days of satisfying customary conditions.
