Acquisition Adds Approximately 4.47 EH/s of On-Rack Mining Capacity and Expands Total Installed Hash Rate to Approximately 13.85 EH/s
ABU DHABI, United Arab Emirates, October 20, 2026 (GLOBE NEWSWIRE) — NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), where digital entertainment meets computing infrastructure, today announced it has entered into a definitive on-rack sales and purchase agreement (the “Agreement”) to acquire on-rack crypto mining machines (the “Products”) from certain sellers (collectively, the “Sellers”).