Bit Origin purchased $11 million in NVIDIA Blackwell B300 chips for AI infrastructure deployment.

Bit Origin announced the acquisition of approximately $11 million in NVIDIA Blackwell B300 AI infrastructure, consisting of 16 Blackwell B300 servers expected to be delivered in the third quarter of 2026. The servers will be deployed at a data center facility in Malaysia under previously executed hosting arrangements.

The transaction includes the benefit of existing customer deployment agreements. Based on these arrangements, Bit Origin expects the infrastructure to generate approximately $360,000 in recurring monthly revenue before operating expenses once operational.

The purchase price totals $1 million in cash and $10 million in equity issued through pre-funded warrants. The deal represents Bit Origin's first acquisition of next-generation Blackwell infrastructure and marks a milestone in the company's AI infrastructure strategy, which was formally announced in April 2026.

In that announcement, Bit Origin outlined its strategic expansion beyond digital asset mining into AI computing infrastructure, GPU computing services, and related digital infrastructure opportunities. The company emphasized that acquired assets are supported by previously executed supplier arrangements, customer agreements, and data center hosting commitments.

Bit Origin attributed continued demand for high-performance GPU infrastructure to widespread adoption of artificial intelligence technologies, large language models, enterprise AI applications, and next-generation computing workloads. The company views the transaction as strengthening its position in the AI computing ecosystem and establishing a foundation for continued expansion into high-performance computing.

Bit Origin is an emerging growth company focused on digital asset innovation and blockchain-based strategies, including AI computing infrastructure and digital infrastructure opportunities.

"This acquisition represents another important milestone in the execution of our AI infrastructure strategy," said Jinghai Jiang, Chairman and CEO. "We are pleased to acquire next-generation NVIDIA Blackwell B300 AI infrastructure together with contracted customer deployment and hosting arrangements. We expect the servers to be delivered during the third quarter of 2026 and, upon deployment in Malaysia, to generate approximately $360,000 in recurring monthly revenue before operating expenses, providing an initial foundation for our AI infrastructure business. As demand for AI computing resources continues to accelerate globally, we believe high-performance GPU infrastructure represents an attractive long-term opportunity. This transaction expands our exposure to AI infrastructure through revenue-generating assets while establishing a scalable platform for future growth. We intend to continue evaluating additional opportunities involving AI infrastructure, GPU computing services, data center operations and other high-performance computing assets as part of our broader growth strategy."