NIP Group Expands Bitcoin Mining Capacity with Third Tranche Asset-Purchase Agreement
NIP Group signed a definitive on-rack asset-purchase agreement to acquire Bitcoin mining machines with approximately 4.47 EH/s of hashrate that are already deployed and operational at hosting facilities. Consideration is up to 247,091,740 Class A ordinary shares, avoiding cash outlay but creating substantial share dilution; the agreement is dated September 24, 2026 and closing is expected within ten business days of conditions being met. Tranche 3 lifts total capacity across all three tranches to roughly 13.85 EH/s, with expected production of about 195 Bitcoins per month at full deployment, and management says it may redeploy capacity toward AI and HPC workloads.
Key figures
- Acquired hashrate ehs
- 4.47
- Btc per month estimate
- 195
- Total hashrate after ehs
- 13.85
- Shares issued as consideration
- 247091740
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