NIP Group Targets 195 Bitcoin (BTC) a Month in Up to $27.3 Million Deal

Nasdaq-listed esports firm NIP Group agreed to acquire Bitcoin mining equipment rated at 4.47 EH/s, targeting production of 195 BTC per month. The company will pay the seller with up to 247.1 million Class A ordinary shares, valuing the deal at up to $27.3 million.