NIP Group Inc. announced on September 10, 2025, the appointment of Carl Agren as a director of the company and as Chief Operating Officer (COO) of its Digital Computing Division, effective immediately. Mr. Agren will spearhead the newly established Bitcoin mining business, a cornerstone of NIP Group’s expansion into digital computing infrastructure.
Mr. Agren is a seasoned technology and operations leader with a notable track record in cryptocurrency mining, AI, blockchain, and large-scale computing infrastructure. He will oversee the operational integration of the acquired Bitcoin mining assets and build capabilities to expand into adjacent high-performance computing applications, AI workloads, and infrastructure supporting next-generation entertainment platforms.
Previously, Mr. Agren served as CEO of Phoenix Technology, where he led its IPO and oversaw approximately 400 MW of crypto mining capacity. He also co-founded and served as COO of G42 Cloud, developing 100 MW of data center capacity for AI and high-performance computing. His expertise is expected to be instrumental in integrating new mining assets, strengthening governance, and laying the foundation for long-term growth from NIP Group's Abu Dhabi headquarters.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.