Friday, July 18, 2025
THE ESPORTS ADVOCATE
No Result
View All Result
  • Money
  • People
  • Brands
  • Events & Tournaments
  • Entertainment
THE ESPORTS ADVOCATE

NIP Group Leverages Bitcoin Mining

NIP Group establishes a Digital Computing Division—acquiring 3.11 EH/s of hash rate—to diversify revenues.

Tobias SeckbyTobias Seck
July 1, 2025
in Money
Reading Time: 3 mins read
Credit: NIP Group

Credit: NIP Group

A New Chapter Beyond Esports

NIP Group Co-CEO Hicham Chahine kicked off the announcement on LinkedIn, declaring, “🚨We are entering a whole new chapter at NIP Group! 🥷🏻” He framed the move as a natural evolution following the company’s NASDAQ: NIPG listing last summer, and posed the central strategic question: “How can we pursue [$1+ billion USD] in revenues in the future, and expand outside of esports and gaming entertainment in an adjacent and relevant vertical?” By launching a dedicated Digital Computing Division—Chahine playfully referring to it as “Mining Ninjas” in his post—NIPG signals its intent to grow beyond team ownership and content creation into foundational digital infrastructure.

Strategic Acquisition of Bitcoin Mining Assets

According to the July 1 press release, NIPG has signed a definitive asset-purchase agreement to acquire on-rack crypto mining machines from Fortune Peak Limited and Apex Cyber Capital Limited. The acquired equipment delivers a combined hash rate of 3.11 EH/s—capable of mining approximately 60 BTC per month—immediately upon closing. Under the deal, NIPG will issue roughly 119.6 million Class A ordinary shares to the sellers and anticipates completing the transaction by September 30, 2025, subject to customary closing conditions.

“Low-Risk Pathway into Bitcoin Mining”

Chahine elaborated in the press release: “Bringing meaningful compute power under our umbrella, together with the operational expertise of our new partners, gives us a relatively low-risk pathway into Bitcoin mining and lays the groundwork for us to capture future digital infrastructure opportunities.” While maintaining its gaming and entertainment roots, NIPG now stakes a claim in the rapidly growing digital infrastructure sector—one that underpins high-performance computing (HPC), artificial intelligence (AI), real-time gaming, and yet-to-be-imagined immersive formats.

By establishing a North American foothold in the US mining market and rebranding as a “next-gen digital infrastructure company built for the entertainment era,” NIPG is aiming to become more than an esports conglomerate. The transaction not only drives immediate revenue—it also sets the strategic foundation for future high-performance computing and AI-driven entertainment services. As Chahine put it on LinkedIn, “We’re not just a gaming company anymore. We are becoming a next-gen digital infrastructure company built for the entertainment era.”

Tags: CryptoEsports StocksNIP Group
TweetShareShareShareShareShareSend
Previous Post

Aramco, stc Group Renew Esports Esports World Cup Partnerships

Next Post

IESF Sanctions Arslan Ash, ESIC Responds

Tobias Seck

Tobias Seck

Tobias Seck is a journalist and business analyst who spent more than seven years at The Esports Observer (TEO) as a business analyst. He was one of the first employees of the publication, having joined in 2015. In October 2018 he shifted to the role of business analyst and journalist, writing analysis and helping fellow TEO writers understand the world of finance as a supplemental editor when needed. He continued in that role when TEO was rolled into Sports Business Journal (SBJ), where he worked until February 2023.

The Esports Advocate

The Esports Advocate, your premier destination for in-depth and authoritative coverage of the esports business and finance landscape created to empower esports stakeholders with the knowledge and information needed to do business in the world of esports successfully.

Follow Us

  • About TEA
  • Terms of Service
  • Privacy Statement
  • Subscribe to our Newsletter
  • Our Mission Statement
  • Contact Us

© 2023 - 2025 The Esports Advocate. All rights reserved.

No Result
View All Result
  • Home
  • Money
  • People
  • Brands
  • Entertainment
  • About TEA

© 2023 - 2025 The Esports Advocate. All rights reserved.