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Barchart
Sristi Suman Jayaswal

This ‘Strong Buy’ Penny Stock Is Pivoting to Bitcoin Mining. Should You Buy Shares Here?

Bitcoin (BTCUSD) roared past $111,000 this year, reigniting the crypto gold rush and putting mining profitability back in the spotlight. In this high-stakes digital Wild West, progress is measured in exahashes (EHs). With the right hardware and hash rate, mining shifts from gamble to high-yield infrastructure play.

That’s where NIP Group (NIPG) steps in. Known for its digital entertainment and esports operations, NIP is making an audacious leap. It is acquiring 3.11 EH/s worth of active Bitcoin mining equipment via an all-stock deal with Fortune Peak and Apex Cyber Capital.

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