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LAS VEGAS - Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company with a market capitalization of $36 million, has announced that its subsidiary Bitnile.com is now accepting Nile Coin (NILE) as payment for its virtual in-game currency package. According to InvestingPro data, the company faces significant financial challenges, with revenue declining 34% in the last twelve months. Bitnile.com, which provides a platform for casino-style social games, launched Nile Coin on the Solana Blockchain on May 3, 2025.
The new payment option allows users to purchase the Nile Package, which includes Nile tokens used for playing games such as slots, poker, and blackjack on the Bitnile.com platform. The tokens, which are non-redeemable for cash or prizes, come bundled with Nile sweeps coins. These coins, which are not available for direct purchase, offer holders entries into sweepstakes where they can win prizes or cryptocurrency.
Joe Spaziano, CEO of Bitnile.com, expressed optimism about the integration of Nile Coin, stating, "Nile Coin brings real utility to our gaming ecosystem, and we are excited to accept it on the Bitnile.com platform."
The acceptance of Nile Coin is part of Hyperscale Data’s strategy to incorporate blockchain technology into various sectors, including gaming, finance, and artificial intelligence infrastructure. The company’s broader digital asset initiative reflects its commitment to merging blockchain innovation with practical applications.
Hyperscale Data also owns Sentinum, Inc., which operates a data center for digital asset mining and AI hosting services. In addition, its subsidiary Ault Capital Group, Inc. (ACG) is a diversified holding company that is expected to be divested by December 31, 2025. InvestingPro analysis reveals the company operates with a concerning debt burden of $120 million and a low current ratio of 0.28, indicating potential liquidity challenges. InvestingPro subscribers have access to 12 additional key insights about the company’s financial health. Following this divestiture, Hyperscale Data plans to focus primarily on data center operations to support high-performance computing services, although it may continue Bitcoin mining.
The company issued one million shares of Series F Exchangeable Preferred Stock to its stockholders on December 23, 2024. These shares will be exchanged for ACG shares upon the completion of the divestiture, subject to stockholder participation in the exchange offer.
This press release, meant for informational purposes, does not constitute an offer to sell or a solicitation to buy Nile Coins. More details about Hyperscale Data and its subsidiaries can be found in public filings and press releases on the company’s website and at www.sec.gov. Based on InvestingPro Fair Value analysis, the stock appears slightly undervalued despite its weak financial health score of 1.36 out of 5. Investors can access detailed valuation metrics and comprehensive financial analysis through InvestingPro’s advanced analytics platform.
The information in this article is based on a press release statement from Hyperscale Data, Inc.
In other recent news, Hyperscale Data, Inc. has reported significant developments across various aspects of its operations. The company announced that its subsidiary, Sentinum, Inc., secured approximately 90 Bitcoin since the beginning of 2025 through hash calculation services, with plans to resume Bitcoin mining operations at its Montana site. This move is supported by a recent surge in Bitcoin prices, which Hyperscale Data’s CEO, William Horne, believes will sustain positive cash flow. Additionally, the company plans to divest its subsidiary, Ault Capital Group, by December 2025, focusing solely on data center operations and potentially continuing Bitcoin mining.
In financial agreements, Hyperscale Data issued a $110,000 convertible note to Jorico, LLC, and a $1.65 million convertible note to Orchid Finance LLC. Both notes carry original issue discounts and interest rates, with conversion into common stock contingent on NYSE American’s approval. Furthermore, the company amended the terms of its Series B Convertible Preferred Stock, adjusting the conversion price to be the greater of a fixed floor price or a percentage of the stock’s volume-weighted average price.
These developments indicate Hyperscale Data’s strategic focus on enhancing its financial structure and operational capabilities. The company has also issued one million shares of Series F Exchangeable Preferred Stock, which will be exchangeable for Ault Capital Group shares as part of the divestiture. Investors are encouraged to review Hyperscale Data’s public filings for more detailed information.
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