币界网报道:NIP Group Ventures into Bitcoin Mining, Stock Drops 17% NIP Group, a Hong Kong-listed company, announced its entry into Bitcoin mining by acquiring a 51% stake in a Kazakhstan-based mining firm for $12.5 million. The deal includes 2,500 mining machines with a total hash rate of 250 PH/s. Despite the expansion, NIP's stock fell 17% following the announcement, reflecting market skepticism. The company aims to leverage Kazakhstan's low energy costs to boost profitability. NIP also plans to raise additional capital to fund further mining infrastructure development. Analysts note the move aligns with growing corporate interest in crypto mining but caution about regulatory and operational risks in emerging markets.