NIP Group Inc. Form 6-K Summary (Nov 2025)
NIP Group Inc. announced a significant expansion of its Bitcoin mining operations via an asset-purchase agreement dated November 3, 2025.
- Transaction: Acquisition of on-rack crypto mining machines and cloud capacity.
- Capacity Boost: Total combined hash rate acquired is approximately 8.19 EH/s.
- Consideration: The Company will issue up to 314,515,762 Class A ordinary shares to the Sellers (including Apex Cyber Capital).
- Strategic Impact: Major step to increase computational power.
- Timing: Closing e