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NIP Group to Report Unaudited Financial Results for the First Half of 2025 on December 2, 2025
Globenewswire· 2025-11-21 21:00
Core Viewpoint - NIP Group Inc. plans to report its unaudited financial results for the first half of 2025 on December 2, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The unaudited financial results will cover the six months ended June 30, 2025 [1] - A conference call is scheduled for December 2, 2025, at 9:00 A.M. U.S. Eastern Time to discuss the financial results [2] - Participants must register online to receive dial-in numbers and a unique access PIN for the conference call [2] Group 2: Company Overview - NIP Group is a global digital entertainment company focused on gaming and esports through strategic digital infrastructure investments [4] - The company operates a diversified ecosystem that includes esports teams, arenas, events, content and influencer networks, game publishing, hospitality, and digital asset operations [4] - NIP Group engages hundreds of millions of fans and aims to create immersive entertainment experiences across Europe, the Middle East, Asia, and the Americas [4]
NIP Group Inc. to Hold Extraordinary General Meeting on December 29, 2025
Globenewswire· 2025-11-19 12:00
Core Viewpoint - NIP Group Inc. will hold an extraordinary general meeting (EGM) for shareholders on December 29, 2025, to consider proposed resolutions [1][2]. Group 1: EGM Details - The EGM is scheduled for 8:00 p.m. Hong Kong time at the Entertainment Building in Central, Hong Kong [1]. - Shareholders are encouraged to review the EGM Notice available on the company's website, which includes detailed proposals and a proxy form [2]. - The record date for determining eligible shareholders to vote at the EGM is set for November 19, 2025 [3]. Group 2: Company Overview - NIP Group is a global digital entertainment company focused on gaming and esports, with a diverse ecosystem that includes esports teams, events, content networks, and game publishing [5]. - The company operates across Europe, the Middle East, Asia, and the Americas, collaborating with leading gaming companies to enhance interactive entertainment [5].
NIP Group Expands Bitcoin Mining Capacity with Additional Asset-Purchase Agreement
Globenewswire· 2025-11-03 12:30
Core Insights - NIP Group Inc. has expanded its Bitcoin mining operations, increasing its hash rate to approximately 11.3 EH/s, positioning itself among the top publicly traded Bitcoin mining operators globally [1][2] - The expansion is expected to generate around 160 Bitcoins per month, contributing significantly to the company's revenue and enhancing its financial foundation [2] - This strategic move aligns with NIPG's long-term vision and its partnership with the Abu Dhabi Investment Office, which supports the establishment of its division headquarters in Abu Dhabi [3] Expansion Details - The acquisition includes mining infrastructure and computational capacity with a combined hash rate of approximately 8.19 EH/s from various sellers, with the company issuing up to 314,515,762 Class A ordinary shares as consideration [4] - The closing of this acquisition is expected by December 15, 2025, subject to customary conditions [4] Strategic Vision - The company aims to create a foundation where digital currencies, AI, user engagement, and computing power converge with traditional gaming experiences [3] - NIPG's Co-CEO emphasized the importance of building large-scale computing power to pursue opportunities in high-performance computing, crypto mining, and AI applications in gaming and entertainment [5] - The recent transactions highlight NIPG's commitment to accelerating its digital infrastructure capabilities and creating long-term value for shareholders and partners [5]
NIP Group Appoints Carl Agren to Board and COO of Digital Computing Division
Globenewswire· 2025-09-10 12:30
Core Insights - NIP Group Inc. has appointed Carl Agren as COO of its Digital Computing Division, focusing on Bitcoin mining and digital computing infrastructure [1][2][3] - Agren's experience includes leadership roles in cryptocurrency mining and AI, which will aid in integrating the recently acquired Bitcoin mining operation [2][4] - The appointment is part of NIPG's strategic expansion into digital computing, with a new headquarters established in Abu Dhabi [3][4] Company Overview - NIP Group is a global digital entertainment company involved in gaming and esports, with a diversified ecosystem that includes esports teams, content networks, and game publishing [6] - The company operates across multiple regions, including Europe, the Middle East, Asia, and the Americas, aiming to enhance interactive entertainment experiences [6] Leadership and Strategy - Carl Agren's previous role as CEO of Phoenix Technology involved overseeing significant cryptocurrency mining operations and leading an IPO that raised approximately US$370 million [4] - His leadership is expected to strengthen NIPG's governance and operational capabilities in the digital computing sector [3][4] - The strategic partnership with the Abu Dhabi Investment Office supports the establishment of the new Digital Computing Division headquarters [4]
NIP Group Announces Closing of Mining Assets Acquisition
Globenewswire· 2025-09-09 12:30
Core Insights - The company has completed the acquisition of on-rack crypto mining machines with a total hash rate of 3.11 EH/s, enhancing its capabilities in the crypto asset space [1][2][3] - The acquisition involved the issuance of 119,553,439 Class A ordinary shares as consideration for the products [2] - The mining operations are expected to produce approximately 60 Bitcoins per month, with the company establishing a digital computing division to manage these operations [3] Company Developments - Two new directors, Simon Ming Yeung Tang and Kee Wee Kiang Kenneth, have been appointed to the board, effective immediately [4] - Simon Ming Yeung Tang brings over 15 years of experience in corporate finance and has previously worked in investment banking and corporate law [5] - Kee Wee Kiang Kenneth has been active in the bitcoin mining industry since 2022, contributing to scaling mining projects internationally [6] Strategic Initiatives - The acquisition aligns with the company's strategic relocation of its global headquarters to Abu Dhabi, supported by a multi-year agreement with the Abu Dhabi Investment Office [7] - The agreement provides access to financial and non-financial growth opportunities over a four-year period, contributing to local employment in the esports and gaming sector [7] - The company aims to enhance its capacity across key business verticals, including esports operations and game publishing [7] Company Overview - NIP Group Inc. is a global digital entertainment company involved in various sectors, including esports teams, content creation, and game publishing [8] - The company operates across multiple regions, including Europe, the Middle East, Asia, and the Americas, collaborating with leading gaming companies [8]
星竞威武上涨2.11%,报2.08美元/股,总市值1.21亿美元
Jin Rong Jie· 2025-08-25 13:55
Group 1 - The core viewpoint of the article highlights the financial performance and market position of NIPG, a leading esports organization, which has shown a modest increase in revenue and net profit despite challenges in the industry [1][2] - As of August 25, NIPG's stock price increased by 2.11%, reaching $2.08 per share, with a total market capitalization of $121 million [1] - Financial data indicates that NIPG's total revenue for the year ending December 31, 2024, is projected to be $85.27 million, reflecting a year-on-year growth of 1.91% [1] - The company's net profit attributable to shareholders is expected to be -$12.69 million, showing a year-on-year improvement of 4.29% [1] Group 2 - NIPG is recognized for its extensive global footprint in esports, particularly in Asia, Europe, and South America, as reported by Frost & Sullivan [1] - The organization was founded on a passion for esports, with a belief that it can create historical and legendary experiences similar to traditional sports over the past century [1]
星竞威武上涨3.03%,报2.04美元/股,总市值1.19亿美元
Jin Rong Jie· 2025-08-22 14:20
Core Viewpoint - The article highlights the financial performance and market position of NIPG, a leading esports organization, showcasing its growth in revenue and net profit despite a net loss. Financial Performance - As of December 31, 2024, NIPG reported total revenue of $85.27 million, reflecting a year-on-year growth of 1.91% [1] - The company's net profit attributable to shareholders was -$12.69 million, showing a year-on-year increase of 4.29% [1] Market Position - NIPG is recognized as a leading esports organization with a broad global footprint, particularly in Asia, Europe, and South America, according to a Frost & Sullivan report [1] - The company was founded on a passion for esports, believing it can create historical and legendary experiences similar to traditional sports over the past century [1]
星竞威武上涨3.61%,报2.01美元/股,总市值1.17亿美元
Jin Rong Jie· 2025-08-21 13:40
Core Viewpoint - The article highlights the financial performance and market position of NIPG, a leading esports organization, showcasing its growth in revenue and net profit despite a net loss. Financial Performance - As of December 31, 2024, NIPG reported total revenue of $85.27 million, reflecting a year-on-year growth of 1.91% [1] - The company's net profit attributable to shareholders was -$12.69 million, showing a year-on-year increase of 4.29% [1] Market Position - NIPG is recognized as a leading esports organization with a significant global presence, particularly in Asia, Europe, and South America, according to a Frost & Sullivan report [1] - The company was founded on a passion for esports, believing it can create historical and legendary experiences similar to traditional sports over the past century [1]
星竞威武上涨2.9%,报1.88美元/股,总市值1.10亿美元
Jin Rong Jie· 2025-08-20 15:58
Group 1 - The core viewpoint of the article highlights the financial performance and market position of NIPG, a leading esports organization, which has shown a modest increase in revenue and net profit despite challenges in the industry [1][2] - As of August 20, NIPG's stock price increased by 2.9% to $1.88 per share, with a total market capitalization of $11 million [1] - Financial data indicates that for the year ending December 31, 2024, NIPG's total revenue is projected to be $85.27 million, reflecting a year-on-year growth of 1.91%, while the net profit attributable to shareholders is expected to be -$12.69 million, showing a year-on-year increase of 4.29% [1] Group 2 - NIPG is recognized for its extensive global presence in esports, particularly in Asia, Europe, and South America, as per a report by Frost & Sullivan [1] - The company was founded on a passion for esports, with a belief that it can create historical and legendary experiences similar to traditional sports over the past century [1]
星竞威武上涨5.59%,报1.89美元/股,总市值1.10亿美元
Jin Rong Jie· 2025-08-19 14:37
Core Viewpoint - NIPG (Nippon Ichi Software) experienced a stock price increase of 5.59%, reaching $1.89 per share, with a total market capitalization of $110 million as of August 19 [1] Financial Performance - For the fiscal year ending December 31, 2024, NIPG reported total revenue of $85.27 million, reflecting a year-on-year growth of 1.91% [1] - The company recorded a net loss attributable to shareholders of $12.69 million, which represents a year-on-year improvement of 4.29% [1] Company Overview - NIPG is recognized as a leading esports organization, with a significant global presence in Asia, Europe, and South America, as per a Frost & Sullivan report [1] - The company was founded on a passion for esports, believing that it can create historical and legendary experiences akin to traditional sports over the past century [1]