Esports Giant Ninjas in Pyjamas Expands Bitcoin Operation, Aims to Mine $16M in BTC Monthly
Update: 2025-11-04
Description
NIP Group, renowned for its esports team Ninjas in Pyjamas, has announced a significant expansion of its Bitcoin mining operations. They aim to produce 160 Bitcoin per month, valued at over $16 million, a substantial increase from their previous goal of 60 Bitcoin. This move, which boosts their mining power to 11.3 exahashes per second, positions them among the top publicly traded Bitcoin miners globally. The new Bitcoin will fund investments in AI computing, AI in gaming, and their fan loyalty platform. The expansion comes from acquiring new mining rigs and issuing over 314 million Class A ordinary shares as payment, with the deal expected to close in December.
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