Esports Firm NIP Group Expands Bitcoin Mining to 13.85 EH/s With New Rigs

• —Acquisition adds 4.47 EH/s, bringing total capacity to ~13.85 EH/s
• —Deal valued at up to $27.3M, paid in up to 247.1M Class A shares
• —Monthly output target raised from 160 BTC to ~195 BTC (~$16M)
• —Machines are already deployed and running at hosting facilities