AcquisitionsJun 29, 2026, 09:02 AM
Bit Origin Acquires NVIDIA AI Servers; Expects $360K Monthly Revenue
AI Summary
Bit Origin Ltd announced the acquisition of 16 NVIDIA Blackwell B300 AI servers for approximately US$11 million, comprising US$1 million in cash and US$10 million in equity. These servers are expected to be delivered in Q3 2026 and deployed in a Malaysian data center, projected to generate approximately US$360,000 in recurring monthly revenue before operating expenses. This acquisition represents a significant step in the company's strategic expansion into AI computing infrastructure, building on its earlier announcement in April 2026.
Key Highlights
- Acquired 16 NVIDIA Blackwell B300 AI servers for US$11 million.
- Purchase price includes US$1 million in cash and US$10 million in equity.
- Servers expected to be delivered in Q3 2026.
- Expected to generate approximately US$360,000 in recurring monthly revenue.
- Servers will be deployed at a data center facility in Malaysia.
- Marks the first milestone in the Company’s expansion into AI computing.
Price Impact
More from BTOG