Overview
- NIP will acquire 8.19 EH/s of mining infrastructure from Apex Cyber Capital, Prosperity Oak Holdings, and Noveau Jumpstar in exchange for up to 314,515,762 Class A shares, with closing targeted for mid-December 2025 subject to customary conditions.
- The upgrade lifts total capacity to about 11.3 EH/s with a production goal of approximately 160 bitcoins per month, which remains dependent on global network hash rate dynamics.
- Management says mined bitcoin will be held in treasury and sold selectively to cover operating costs or fund expansion, including high-performance computing and AI applications tied to gaming.
- Industry data places NIP roughly 12th among publicly traded miners by hash rate, and the company says the new rigs will be deployed quickly to begin generating revenue.
- NIP highlighted support from the Abu Dhabi Investment Office for a digital-division HQ in Abu Dhabi, while its stock fell about 5% on the news and media estimated monthly output value at roughly $16–$20 million based on current prices.