NIP Group Inc. announced on July 1, 2025, that it has entered into a definitive asset-purchase agreement to acquire on-rack crypto mining machines from Fortune Peak Limited and Apex Cyber Capital Limited. This transaction marks a strategic extension of NIP Group’s business into the digital infrastructure space.
The acquired products consist of data center capacity with a combined hash rate of 3.11 EH/s and are expected to yield approximately 60 Bitcoins per month, generating significant Bitcoin mining revenue for the company. NIP Group has established a dedicated Digital Computing Division to manage these operations and lead future development in compute infrastructure.
The consideration for the acquisition will be paid through the issuance of approximately 119,553,439 Class A ordinary shares of the company to the sellers. The closing of the proposed transaction is expected to occur on or before September 30, 2025. This move lays the groundwork for NIP Group to harness next-generation, scalable business opportunities such as high-performance computing (HPC), artificial intelligence (AI), and advanced gaming technologies.
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