NIP Group to Acquire Bitcoin Mining Assets for Up to 247,091,740 Shares
Bitget2026/10/20 12:09- NIP Group agreed to acquire operational Bitcoin mining hardware with approximately 4.47 EH/s of capacity under a September 24, 2026, agreement.
- Consideration comprises up to 247,091,740 Class A ordinary shares issued to the sellers.
- The third-tranche acquisition would increase total Bitcoin mining capacity across all three tranches to approximately 13.85 EH/s.
- Combined operations are expected to produce approximately 195 Bitcoins monthly at full deployment, subject to network conditions and operational factors.
- Closing is expected within 10 business days of satisfying customary conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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