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Ninjas in Pyjamas, a parent company of an esports team, is expanding its Bitcoin mining operation to reach a hash rate of 11.3 EH/s and mine 160 BTC per month, valued at $16 million at current prices. This move makes NIP Group approximately the 12th-largest publicly traded Bitcoin miner in the world. The company aims to increase its Bitcoin holdings and hash rate while selling Bitcoin when market conditions deem it appropriate to cover operational costs.

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