NIP Group Inc. (NIPG) SEC Filings & Earnings Calls
EquiReason read 30 NIP Group Inc. SEC filings in the last 12 months. Latest: 6-K on 2026-10-20 — NIP Group expands Bitcoin mining capacity via asset-purchase agreement for mining rigs, paying in shares; deal value not stated..
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 22.5M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 30 Nov, in 37 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
20 Oct 20266-KNIP Group expands Bitcoin mining capacity via asset-purchase agreement for mining rigs, paying in shares; deal value not stated.open
Risks flagged
Crypto asset beta and regulatory uncertainty
“Bitcoin mining expansion exposes company to crypto price volatility and regulatory changes”
19 Oct 20266-KNIP Group announces shareholder approval to increase authorized share capital from US$200,000 to US$1,000,000 and amend articles of association; routine corporate governance matter.open
Risks flagged
Potential future dilution from increased authorized shares, though no immediate issuance.
“Authorized shares increased from 2B to 10B; no current issuance announced.”
4 Sep 20266-KCFO Zhiyong Li stepping down effective Aug 31, 2026 as part of global HQ move to Abu Dhabi; replacement search underway.open
Risks flagged
CFO transition risk during global HQ relocation; potential disruption in financial oversight.
“CFO stepping down; replacement not yet hired; relocation to new jurisdiction.”
24 Jul 20266-KNIP Group received Nasdaq notice confirming compliance with minimum bid price requirement, closing a prior deficiency.open
Risks flagged
Previous non-compliance with Nasdaq minimum bid price requirement resolved.
“Deficiency matter closed by Nasdaq.”
1 Jul 20266-KNIP Group announces ADS ratio change (1:30 reverse split) effective July 6, 2026; no financial impact, purely structural.open
Risks flagged
No new operational or financial risks disclosed; reverse split may indicate prior low share price but no stated distress.
“ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than thirty times the ADS trading price before the change.” · word for word
30 Jun 20266-KDirector and Financial Director Yanjun Xu resigns effective June 30, 2026; no disagreement with company operations, policies or practices.open
Risks flagged
Low risk; resignation appears amicable, but loss of financial director may create temporary gap
“resignation not due to disagreement”
25 Jun 20266-KNIP Group publishes 2025 Sustainability Report, second consecutive year of ESG disclosure. Highlights include global expansion, community engagement, AI-powered content efficiency up 80% YoY.open
Figures in the filing · each found in the filing text
| content production efficiency improvement · FY2025 | 80.0% |
Risks flagged
No material risk; ESG report is non-financial and forward-looking
15 Jun 20266-KNIP Group announces plan to change ADS ratio from 1:2 to 1:60, effective ~July 6, 2026, equivalent to 1-for-30 reverse split. No operational impact.open
Risks flagged
No material risk; reverse split may indicate low share price but no operational risk
“ADS trading price expected to increase proportionally”
5 Jun 2026SC 13D/ANIP Group issued 62.6 million Class A Ordinary Shares to settle a transaction, increasing share count and diluting existing shareholders.share dilutionopen
Figures in the filing · each found in the filing text
| Class A Ordinary Shares Issued · 2026-05-29 | 62,579,674 |
Risks flagged
Share dilution from share issuance
“The Transaction, which had previously been contemplated to be settled through the issuance of convertible notes, was instead settled through the issuance of Class A Ordinary Shares of the Issuer.” · word for word
5 Jun 2026SC 13D/AApex Cyber Capital increased its stake in NIP Group to 19.9% via a share issuance in exchange for crypto mining machines with 0.61 EH/s hashrate.open
Figures in the filing · each found in the filing text
| hash_installed_rate | $0.61 |
Risks flagged
Crypto asset price volatility
“The consideration for the purchase of 23,641,865 Class A Ordinary Shares by the Reporting Person was certain on-rack crypto mining machines with an aggregate hashrate of around 0.61 Exahash per second.” · word for word
5 Jun 2026SC 13D/ANIP Group issued 62.6 million Class A Ordinary Shares to settle a transaction, increasing share count and diluting existing shareholders.share dilutionopen
Figures in the filing · each found in the filing text
| Class A Ordinary Shares Issued · 2026-05-29 | 62,579,674 |
Risks flagged
Share dilution from share issuance
“The Transaction, which had previously been contemplated to be settled through the issuance of convertible notes, was instead settled through the issuance of Class A Ordinary Shares of the Issuer.” · word for word
5 Jun 2026SC 13D/AApex Cyber Capital increased its stake in NIP Group to 19.9% via a share issuance in exchange for crypto mining machines with 0.61 EH/s hashrate.open
Figures in the filing · each found in the filing text
| hash_installed_rate | $0.61 |
Risks flagged
Crypto asset price volatility
“The consideration for the purchase of 23,641,865 Class A Ordinary Shares by the Reporting Person was certain on-rack crypto mining machines with an aggregate hashrate of around 0.61 Exahash per second.” · word for word
2 Jun 20266-KNIP Group completes second closing of Bitcoin mining capacity acquisition, issuing 62,579,674 Class A ordinary shares as consideration. Remaining closing also expected to be settled in shares, replacing convertible notes.share dilutionopen
Figures in the filing · each found in the filing text
| shares issued in second closing · 2026-05-29 | 62,579,674 |
Risks flagged
High dilution risk; share count increases significantly, convertible notes replaced with equity
“remaining closings... will instead be settled through issuance of Class A ordinary shares”
30 Apr 202620-FAnnual report (20-F) filed with no material operational or financial event;open
Figures in the filing · each found in the filing text
| Net loss · FY2025 | $238M | |
| Adjusted EBITDA · FY2025 | $-11M | |
| Adjusted EBITDA margin · FY2025 | -9.0% | |
| Cash and cash equivalents · FY2025 | $7M | -26% y/y |
| Goodwill and intangible asset impairment · FY2025 | $187M |
Risks flagged
Regulatory and legal uncertainty in blockchain/crypto
“We operate within a complex and rapidly evolving regulatory environment and are subject to a wide range of laws and regulations enacted by U.S. federal, state, and local governments, governmental agencies, and regulatory authorities, including the SEC, the CFTC, the FTC, and the FinCen, as well as similar entities in other countries.” · word for word
Liquidity risk from declining cash and ongoing losses
“As of December 31, 2023, 2024 and 2025, our cash and cash equivalents were US$7.6 million, US$9.6 million and US$7.1 million, respectively.” · word for word
Dependence on PRC subsidiaries for cash flow with regulatory restrictions
“The ability of our subsidiaries in China to make dividends or other cash payments to us is subject to various restrictions under PRC laws and regulations.” · word for word
27 Mar 20266-KNIP Group receives Nasdaq deficiency letter for bid price below $1.00 for 32 consecutive business days. 180-day compliance period until September 21, 2026. Company will take measures to regain compliance.open
Risks flagged
Delisting risk if bid price not above $1.00 for 10 consecutive days by September 21, 2026
“compliance period of 180 calendar days, or until September 21, 2026” · word for word
16 Jan 20266-KNIP Group adopts amended 2025 Share Incentive Plan, increasing maximum shares available for awards from 45,430,307 to 164,946,296. Other terms remain substantially the same.open
Figures in the filing · each found in the filing text
| maximum shares available for awards · 2025-12-31 | 164,946,296 |
Risks flagged
Potential dilution from increased share reserve for incentive awards
“maximum aggregate number of ordinary shares... increased from 45,430,307... to 164,946,296”
15 Jan 20266-KNIP Group reports Bitcoin mining operations produced 151.4 BTC (~$14.2M) in initial period (Sep-Nov 2025). Capacity reaches 9.66 EH/s, targeting 11.3 EH/s. Among top 20 US-listed Bitcoin miners.open
Figures in the filing · each found in the filing text
| Bitcoin production · Bitcoin Mining · Sep-Nov 2025 | 151.4 | |
| Bitcoin mining capacity · Bitcoin Mining · 2026-01-15 | $9.66 | |
| Bitcoin mining revenue · Bitcoin Mining · Sep-Nov 2025 | $14M | |
| Target Bitcoin mining capacity · Bitcoin Mining · 2026-01-15 | $11.30 |
Risks flagged
Bitcoin price volatility could impact revenue; capacity expansion dependent on successful closings
“remaining batches of the transaction are expected to close in January 2026” · word for word
13 Jan 20266-KNIP Group Inc. announces initial closing of second tranche of Bitcoin mining capacity acquisition, adding 4.37 EH/s hash rate, total now 7.48 EH/s, with remaining 3.82 EH/s expected by end of January 2026.open
Figures in the filing · each found in the filing text
| installed hash rate · Bitcoin mining · 2026-01-09 | $7.48 | |
| hash rate added · Bitcoin mining · 2026-01-09 | $4.37 | |
| expected total hash rate · Bitcoin mining · 2026-01-31 | $11.30 |
Risks flagged
Transaction completion risk due to conditions precedent and convertible note terms.
“There can be no assurance that the closing conditions will be satisfied” · word for word
Potential dilution from issuance of 167.9 million Class A ordinary shares and convertible notes.
“settled through issuance of 167,917,734 Class A ordinary shares... convertible notes that may be converted into Class A ordinary shares” · word for word
2 Dec 20256-KH1 2025 net revenues +55.5% YoY to $61.2M, but net loss of $136.3M vs $4.7M loss YoY due to $125.9M goodwill/intangibles impairment; adjusted EBITDA -$7.1M vs -$2.6M; mining ops started H2.earningsopen
Figures in the filing · each found in the filing text
| Total net revenues · H1-2025 | $61M | +56% y/y |
| Net loss · H1-2025 | $136M | |
| Adjusted EBITDA · H1-2025 | $-7M | |
| Goodwill and intangible asset impairment · H1-2025 | $126M | |
| Installed hash rate (Tranche 1) · Mining and Digital Assets · 2025-09 | $3.11 | |
| Target total mining capacity · Mining and Digital Assets · 2026 | $11.30 | |
| Expected monthly Bitcoin production · Mining and Digital Assets · 2026 | 150 |
Guidance
Positioned for adjusted EBITDA profitability in H2 2025; targeting 11.3 EH/s by 2026
Management expects adjusted EBITDA profitability in H2 2025 and significant mining capacity expansion.
Risks flagged
Large non-cash impairment indicates potential overpayment for Ninjas in Pyjamas acquisition.
“non-cash goodwill and intangible asset impairments totaling US$125.9 million associated with Ninjas in Pyjamas’ market value adjustments” · word for word
Mining expansion is equity-funded, diluting existing shareholders.
“Company issued a certain number of its Class A ordinary shares to the sellers” · word for word
Bitcoin mining profitability depends on network hash rate and Bitcoin price.
“Based on current Bitcoin network conditions and utilization assumptions” · word for word
3 Nov 20256-KAsset-purchase agreement to acquire 8.19 EH/s Bitcoin mining capacity; consideration up to 314.5M Class A shares; closing expected by Dec 15, 2025.open
Figures in the filing · each found in the filing text
| Additional hash rate acquired · Mining and Digital Assets · 2025-11 | $8.19 | |
| Consideration shares · 2025-11 | 314,515,762 |
Risks flagged
Equity issuance dilutes existing shareholders significantly.
“issue up to 314,515,762 Class A ordinary shares” · word for word
Closing subject to conditions; may not complete.
“There can be no assurance that the closing conditions will be satisfied” · word for word
NIP Group Inc. — questions
- What did NIP Group Inc. file recently?
- 30 SEC filings in the last 12 months. Latest: 6-K on 2026-10-20 — NIP Group expands Bitcoin mining capacity via asset-purchase agreement for mining rigs, paying in shares; deal value not stated.
Every figure on this page comes from NIP Group Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.