NIP Group, the parent company of Ninjas in Pyjamas, has announced an expansion of its Bitcoin (BTC) mining operations.
A new asset purchase agreement has increased its total computational capacity to 11.3 exahashes per second (EH/s). This development follows a previous acquisition completed in September 2025, which provided 3.11 EH/s of capacity.
Following the new purchase, the company’s projected monthly Bitcoin production is now estimated at 160 bitcoins, over 120% increase from the previous output of 60 bitcoins. However, all production figures remain subject to prevailing Bitcoin network conditions.
Acquisition and Funding Structure
According to the announcement, mining infrastructure totalling 8.19 EH/s is to be acquired from Apex Cyber Capital Limited, Prosperity Oak Holdings Limited, and Noveau Jumpstar Limited. For the acquisition of the assets, NIP Group will issue up to 314.5m Class A ordinary shares.
The latest transaction is scheduled for completion by December 15th, 2025, pending customary approval.
The company noted that integration of this additional capacity is intended to provide immediate operational output.
Furthermore, the expanded infrastructure is planned to support future initiatives in high-performance computing and artificial intelligence applications. A dedicated division has been established to manage these operations.
Corporate Evolution and Strategy
NIP Group was formed following a merger between Swedish esports organisation Ninjas in Pyjamas (NIP) and Chinese brand ESV5 in 2023. The group became publicly listed on the NASDAQ exchange in July 2024.
NIP has partnerships that span multiple verticals globally. In 2024, it partnered with Chinese hospitality brand BTG Homeinns to create esports-themed hotels for the Asian market.
Its business activities have since expanded to include technology infrastructure projects.
This strategic direction includes a multi-year agreement with the Abu Dhabi Investment Office (ADIO), which involved launching a global headquarters in Abu Dhabi. NIP secured $40m (~£32.6m) over four years upon meeting agreed-upon performance milestones.
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