NIP Group Bitcoin Mining Operations Produce 151.4 BTC in Initial Operating Period; Capacity Reaches 9.66 EH/s
Rhea-AI Summary
NIP Group (NASDAQ:NIPG) reported initial Bitcoin mining production of 151.4 BTC from its Tranche 1 fleet (3.11 EH/s) for the period Sept–Nov 2025, valued at approximately $14.2 million at current prices. As of Jan 15, 2026, installed capacity is 9.66 EH/s following Tranche 2 deployment, placing NIPG among the top 20 US-listed Bitcoin miners and the largest disclosed miner in the Middle East & North Africa by capacity. Remaining Tranche 2 batches are expected to close in January 2026, with consideration settled via convertible notes. Upon final batch completion, total operating capacity is expected to reach ~11.3 EH/s, with an estimated production run-rate of ~140 BTC per month.
Positive
- 151.4 BTC produced in initial operating period (Sept–Nov 2025)
- Installed capacity reached 9.66 EH/s as of Jan 15, 2026
- Positioned among top 20 US-listed Bitcoin miners by disclosed capacity
- Full deployment target of 11.3 EH/s implies ~140 BTC/month
Negative
- Remaining Tranche 2 batches not closed; closing expected in January 2026
- Consideration for remaining batches to be settled with convertible notes (potential dilution)
Key Figures
Market Reality Check
Peers on Argus
Sector peers show mixed moves, while only AGAE appears in momentum data, down 4.91% with no related news, pointing to stock-specific drivers for NIPG.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 29 | EGM results | Neutral | -0.9% | Shareholders approved changes to authorized share capital and governance documents. |
| Dec 02 | Earnings results | Negative | -6.4% | Strong revenue growth offset by large impairment-driven net loss and negative EBITDA. |
| Nov 21 | Earnings date set | Neutral | +1.4% | Announcement of date and logistics for first-half 2025 earnings call. |
| Nov 19 | EGM announcement | Neutral | -7.3% | Notice of upcoming extraordinary general meeting and voting arrangements. |
| Nov 03 | Crypto expansion deal | Positive | +8.2% | Asset-purchase to expand Bitcoin mining capacity to about 11.3 EH/s. |
Crypto expansion news previously drew a positive reaction, while governance and earnings items often coincided with selling pressure.
Over the last six months, NIP Group reported strong $61.2M first-half 2025 revenue with significant impairments, launched and expanded its Mining and Digital Assets Division toward 11.3 EH/s, and approved major share-class realignments at the Dec 29, 2025 EGM. Crypto-capacity expansion on Nov 3, 2025 was followed by a 8.23% gain, whereas governance and earnings-related releases generally saw negative follow-through.
Market Pulse Summary
This announcement details NIPG’s transition from planning to execution in Bitcoin mining, with 151.4 BTC produced and capacity reaching 9.66 EH/s, targeting 11.3 EH/s and about 140 BTC per month. In context of earlier revenue growth but a $136.3M net loss, investors may track how mining contributes to cash generation, how convertible-note financing is managed, and whether operational uptime remains strong as additional capacity closes.
Key Terms
btc technical
eh/s technical
convertible notes financial
AI-generated analysis. Not financial advice.
First Operational Results Validate Mining Model; Company Now Among Fastest-Growing Bitcoin Mining Operators Globally
ABU DHABI, United Arab Emirates, Jan. 15, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ: NIPG) today reported that its Bitcoin mining operations produced approximately 151.4 BTC during the initial operating period from September through November 2025, representing approximately
The Company also announced that on January 15, 2026, following the previously disclosed Tranche 2 transaction and ongoing deployment activities, the Company’s Bitcoin mining capacity online reaches 9.66 EH/s, positioning NIPG among the top 20 publicly traded Bitcoin miners listed in the United States and the largest in the Middle East and North Africa by disclosed capacity.
The remaining batches of the transaction are expected to close in January 2026. Consideration for the remaining batches will be settled through convertible notes. Upon completion of the final batch, the Company expects its total operating mining capacity to reach approximately 11.3 EH/s.
Operational Highlights
- Initial operating period production: 151.4 BTC from 3.11 EH/s Tranche 1 fleet (~
$14.2 million ) - Current installed capacity: 9.66 EH/s
- Remaining Tranche 2: Additional 1.64 EH/s expected to close in January 2026
- Full deployment target: 11.3 EH/s, estimated to produce ~140 BTC per month
Hicham Chahine, Co-CEO of NIPG, commented: "These production results prove what we set out to demonstrate - that we can deploy mining infrastructure at scale and generate meaningful Bitcoin output. With 9.66 EH/s now operational and the remainder closing soon, we've built a second growth engine that complements our entertainment portfolio. This positions us uniquely at the intersection of digital assets, computing infrastructure, and gaming - with optionality to expand into AI workloads as that market develops."
Carl Agren, COO of NIPG Mining and Digital Assets, added: "Our Tranche 1 fleet performed in line with expectations, and we're now integrating the initial Tranche 2 assets into operations. The team executed a rapid and efficient deployment, and we're focused on maintaining uptime and efficiency as we bring the remaining capacity online."
About NIP Group
NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.
Safe Harbor Statements
This press release contains statements that constitute “forward-looking” statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” or other similar expressions. Among other things, the business outlook and quotations from management in this press release, as well as NIPG’s strategic and operational plans, contain forward-looking statements. NIPG may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about NIPG’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIPG’s growth strategies; its future business development, results of operations and financial condition; its ability to maintain and enhance the recognition and reputation of its brand; developments in the relevant governmental laws, regulations, policies toward NIPG’s industry; and general economic and business conditions globally and in the countries or regions where NIPG has operations; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIPG’s filings with the SEC. All information provided in this press release is as of the date of this press release, and NIPG undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
NIP Group Inc.
Investor Relations: ir@nipgroup.gg
Public Relations: pr@nipgroup.gg
FAQ
How much Bitcoin did NIPG mining operations produce in the initial period (Sept–Nov 2025)?
What is NIPG's current Bitcoin mining capacity as of Jan 15, 2026 (NIPG)?
What is NIPG's full deployment target and expected monthly BTC output (NIPG)?
How much was the initial 151.4 BTC production valued at in USD (NIPG)?
How will NIPG settle consideration for the remaining Tranche 2 batches (NIPG)?
When are the remaining Tranche 2 batches expected to close for NIPG mining assets?
