Esports Giant Ninjas in Pyjamas Expands Bitcoin Operation, Aims to Mine $16M in BTC Monthly

NIP Group, parent company of long-running esports team brand Ninjas in Pajamas, doubles down Bitcoinwhich reveals plans to expand its mining operation.

As a result, NIP Group hopes to leverage its mining rigs to produce 160 BTC per month, or more than $16 million per month at current prices – up from its previous target of 60 BTC per month.

The expansion brings its total mining capacity to a hash rate of 11.3 EH/s, a unit of measure for crypto mining – significantly up from 3.11 EH/s when first established its Bitcoin mining operation in July. The move roughly makes it the 12th largest traded Bitcoin miner in the world by hash rate, according to BitcoinMiningStock. data.

“We see this as a natural extension of the disciplines in which we have already invested, and [it] puts us in an even better position for product integration,” Hicham Chahine, co-CEO of NIP Group, said. Decrypt. “The influx of Bitcoin into the company’s treasury will naturally lend itself to investments in AI computing, AI applications in games, our existing fan loyalty platform and DOJO fan token, and other advanced technologies.”

NIP Group said Decrypt whose primary focus is to increase their Bitcoin holdings and hash rate as much as possible. That said, the company plans to sell Bitcoin when they feel “appropriate” considering market conditions, and will do so to cover business expansion costs or operating costs.

Its expanded capabilities come as a result of the acquisition of an indefinite number of Bitcoin mining rigs with a combined hash rate of approximately 8.19 EH/s. NIP Group acquired these rigs from sellers including Apex Cyber ​​Capital, Prosperity Oak Holdings, and Noveau Jumpstar, to which the company has collectively agreed to issue more than 314 million ordinary shares of Class A. This transaction is expected to close in December.

NIP group is a digital entertainment company known mostly for its eSports and gaming businesses. His esports team, Ninjas in Pajamas, competes at the highest level of Valorant, League of Legends, Rocket League and other games. The company’s Counter-Strike: Global Offensive team went into a 87 consecutive wins from 2012 to 2013, which is considered one of the most respected records in esports.

The company went public last year, debuting at $10 a share before collapsing 75% to $2.43 by June 2025. Its July adoption of Bitcoin mining also did not help pump the stock, falling 12% at the time to $2.13, according to. Yahoo Finance.

The NIP Group continued its decline, falling more than 5% on Tuesday to $1.61 per share. It is now over 87% from its all-time high.