NIP Group Stock Soars 13.47% on Bitcoin Mining Expansion
Before the BellTuesday, Jul 1, 2025 7:21 am ET
1min readOn July 1, 2025, NIP Group's stock surged by 13.47% in pre-market trading, marking a significant rise in its share price.
NIP Group has made a strategic move into the
mining sector by acquiring on-rack crypto mining machines from Fortune Peak Limited and Apex Cyber Capital Limited. This acquisition is part of the company's broader digital infrastructure strategy, which includes the establishment of a dedicated Digital Computing Division. The acquired machines have a combined hash rate of 3.11 EH/s and are expected to generate significant Bitcoin mining revenue, with an estimated production of approximately 60 Bitcoins per month.This strategic expansion into digital infrastructure is seen as a long-term opportunity for
to support compute-intensive innovation. The company aims to leverage this newfound computing capacity to explore future opportunities in high-performance computing (HPC), artificial intelligence (AI), and advanced gaming technologies. By integrating these capabilities, NIP Group is positioning itself to capture future digital infrastructure opportunities and deliver value to its stakeholders.
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