NIP Group Bitcoin Mining Output Reaches 151.4 BTC
NIP Group reported that its Bitcoin mining operations produced approximately 151.4 BTC during the initial operating period from September through November 2025, representing approximately $14.2 million at current prices. The Company also announced that on January 15, 2026, following the previously disclosed Tranche 2 transaction and ongoing deployment activities, the Company's Bitcoin mining capacity online reaches 9.66 EH/s, positioning NIPG among the top 20 publicly traded Bitcoin miners listed in the United States and the largest in the Middle East and North Africa by disclosed capacity. The remaining batches of the transaction are expected to close in January 2026. Consideration for the remaining batches will be settled through convertible notes. Upon completion of the final batch, the Company expects its total operating mining capacity to reach approximately 11.3 EH/s.
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- ADS Ratio Change: NIP Group has announced a change in its American Depositary Shares (ADS) to a 1:60 ratio from the current 1:2, effectively functioning as a 1-for-30 reverse ADS split aimed at optimizing capital structure.
- Implementation Timeline: This adjustment is projected to take effect on July 6, 2026, pending the successful filing of a post-effective amendment on Form F-6 with the SEC, ensuring compliance and transparency.
- Trading Impact: On the effective date, every 30 existing ADSs will be automatically canceled and exchanged for one newly issued ADS, with no impact on NIP Group's underlying Class A ordinary shares, thus safeguarding shareholder interests.
- Agreement Amendment: The company and the depositary bank have agreed to amend the deposit agreement dated July 25, 2024, to reflect the ADS ratio change, further enhancing investor confidence and maintaining market stability.
- ADS Ratio Change: NIP Group announced a change in its American Depositary Shares (ADS) ratio from 1:2 to 1:60, effectively implementing a 1-for-30 reverse ADS split aimed at enhancing the market trading price of its ADS.
- Automatic Exchange Mechanism: On the effective date of July 6, 2026, ADS holders will automatically exchange every 30 existing ADSs for 1 new ADS without any action required, with the process managed by the depositary bank Citibank, ensuring a seamless transition for investors.
- No Impact on Ordinary Shares: The ADS ratio change will not affect the company's Class A ordinary shares, and no new ordinary shares will be issued or cancelled, thereby maintaining the stability of the company's equity and protecting investor interests.
- Market Expectations: While the trading price of the ADS is expected to increase proportionately, the company cautions that there is no guarantee the post-change trading price will reach or exceed thirty times the pre-change price, reflecting market uncertainty regarding future price fluctuations.
- Compliance Notice: NIP Group Inc. received a deficiency letter from Nasdaq on March 24, 2026, indicating that its American depositary shares (ADSs) have been below the $1.00 minimum bid price for the last 32 business days, highlighting compliance challenges for the company.
- Compliance Deadline: According to Nasdaq Listing Rule 5810(c)(3)(A), the company has 180 calendar days, until September 21, 2026, to regain compliance, and if the closing bid price reaches at least $1.00 for 10 consecutive business days, it will receive written confirmation of compliance.
- Potential Consequences: Should compliance not be regained by the deadline, NIP Group may qualify for additional time, indicating that the company still has opportunities to adjust amidst market pressures.
- Operational Impact: The notice does not currently affect the listing or trading of the ADSs, and NIP Group plans to take steps to regain compliance, ensuring that its operations remain unaffected.

- Bitcoin Production: NIP Group produced approximately 151.4 BTC during the initial operating period from September to November 2025, valued at around $14.2 million at current prices, indicating strong performance in the cryptocurrency market.
- Mining Capacity Increase: As of January 15, 2026, NIP Group's Bitcoin mining capacity reached 9.66 EH/s, reflecting significant progress in ongoing deployment activities, which is expected to enhance its competitive position in the market.
- Transaction Batch Progress: The remaining batches of the transaction are expected to close in January 2026, with consideration settled through convertible notes, providing the company with flexible funding management options.
- Future Outlook: Upon completion of the final batch, NIP Group anticipates its total operating mining capacity will reach approximately 11.3 EH/s, further solidifying its position in the Bitcoin mining industry.
- Capital Adjustment: NIP Group's extraordinary general meeting on December 29, 2025, approved a special resolution to amend the authorized share capital from $200,000 to 2,000,000,000 shares, aiming to optimize the capital structure to support future financing needs.
- Share Reclassification: The resolution includes reclassifying 49,763,910 authorized but unissued Class A ordinary shares as Class B1 ordinary shares and 41,759,555 Class A ordinary shares as Class B2 ordinary shares, thereby enhancing the company's flexibility in capital markets.
- Charter Amendment: The company also passed a resolution to amend its memorandum and articles of association, replacing them with the Tenth Amended and Restated Memorandum and Articles to reflect the changes in share capital structure, ensuring alignment with market demands.
- Management Authorization: The shareholders authorized directors or officers to take necessary actions to implement the above resolutions, ensuring smooth registration and compliance procedures in the Cayman Islands, thereby enhancing operational compliance and transparency.







