Traditional sports companies are also starting to cash in on Bitcoin. NIP Group (the parent company of a well-known eSports club) recently announced their financial report showing that they mined 151.4 Bitcoins in the past three months, which is approximately worth $14.2 million at the current market price.

This is no small feat. From this data, it’s clear that traditional companies are taking the crypto mining business seriously. Accumulating 151.4 BTC requires significant investment in computing power and electricity costs, but the returns are indeed substantial.

Interestingly, this reflects a larger trend — more and more mainstream companies are exploring entry into the Bitcoin ecosystem. Whether it’s for hedging inflation, diversifying assets, or purely for profit, such cases are increasing the recognition of Bitcoin mining in mainstream business.