Nasdaq-listed NIP Group Inc. is expanding its Bitcoin mining operations, with total production capacity increasing to approximately 11.3 EH/s and expected to produce approximately 160 EH per month.
NIP Group expands Bitcoin mining capacity to 11.3 EH/s
NIP Group Inc. (NIPG), a Nasdaq-listed digital entertainment company, announced that it will expand its Bitcoin (BTC) mining operations, increasing total production capacity to approximately 11.3 EH/s. The move reportedly places the company among the top publicly traded Bitcoin miners in the world, with the company expected to generate around 160 BTC per month, depending on network conditions.
This expansion supports NIPG’s broader strategy to integrate digital currency, artificial intelligence (AI), and high-performance computing into gaming and entertainment platforms. This also coincides with the company’s partnership with the Abu Dhabi Investment Office, where the division’s new headquarters will be located.
As part of the agreement, NIPG will acquire 8.19 EH/s of mining infrastructure from Apex Cyber Capital Limited, Prosperity Oak Holdings Limited and Noveau Jumpstar Limited. The Company will issue up to 314.5 million shares of its Class A common stock, with the transaction expected to close by December 15, 2025.
Hisham Chahine, co-CEO of NIPG, said the deal demonstrates the speed with which the company is advancing its digital infrastructure strategy. He continued:
“Building large-scale computing capacity provides us with a stronger foundation to pursue opportunities in high-performance computing, crypto mining, and AI applications in gaming and entertainment. As a pioneering gaming company that has established critical computing infrastructure, we are uniquely positioned to explore new use cases at the intersection of gaming, esports, streaming, crypto, and AI.”
Chahine also said that while NIPG remains committed to its gaming and entertainment heritage, his team believes computing power is core to enabling the company’s next phase of growth.
Carl Agren, COO of NIPG Mining and Digital Assets, said the company is deploying these assets precisely to provide stable production volumes and prepare for advanced applications.
The media statement asserts that NIPG’s recent series of transactions are accelerating the expansion of the company’s digital infrastructure, highlighting its commitment to the company’s strategic roadmap and creating long-term value for its shareholders and partners.
Frequently asked questions 🧠
- What is NIPG’s new Bitcoin mining capacity? NIPG is currently running at 11.3 EH/s, ranking it among the world’s top public miners.
- How does this expansion support NIPG’s strategy? Power the encryption, AI, and computing power of next-generation gaming and entertainment platforms.
- Where is NIPG’s mining division headquartered? The new headquarters will be based in Abu Dhabi, supported by local investment partnerships.
- When will the infrastructure transaction be completed? The acquisition is expected to be completed by December 15, 2025.
