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LAS VEGAS - Hyperscale Data, Inc. (NYSE American: GPUS), a micro-cap technology company with a market value of $13.77 million, announced Friday that its subsidiary Bitnile.com has added the $TRUMP meme coin as a payment method on its sweepstakes-based social-casino platform. According to InvestingPro analysis, the company currently shows weak financial health with concerning cash burn rates.
Players can now use $TRUMP to purchase coin packages for casino-style social games including slots, poker and blackjack on the platform, according to a company press release.
The $TRUMP coin joins the $NILE coin as accepted cryptocurrency payment options on Bitnile.com, with plans to add the $PEPE meme coin around July 1, 2025.
"We are happy to provide players an additional onboarding option and will continue to work on accepting additional cryptocurrencies throughout 2025," said Joe Spaziano, Chief Executive Officer of Bitnile.com.
Bitnile.com is an indirectly wholly owned subsidiary of Hyperscale Data, which operates through its subsidiaries in data center operations, digital asset mining, and various other industries.
Hyperscale Data plans to divest itself of its diversified holding company subsidiary, Ault Capital Group, Inc. (ACG), around December 31, 2025. Following this divestiture, the company would focus solely on data center operations to support high-performance computing services, though it may continue Bitcoin mining activities. InvestingPro analysis reveals the company faces significant challenges with its debt burden, maintaining a concerning debt-to-equity ratio of 19.07.
In other recent news, Hyperscale Data, Inc. announced its subsidiary Sentinum projects an annual run rate of approximately $41 million from Bitcoin mining, starting in July 2025. This projection is based on deploying around 19,200 miners across various locations, including operations in Michigan and Montana. Additionally, Hyperscale Data’s subsidiary TurnOnGreen expanded its contract backlog to $7.5 million, reflecting ongoing demand for its high-performance power systems. Furthermore, the company has issued new equity shares, resulting in a total of 3,151,372 shares of Class A Common Stock outstanding as of June 12, 2025. In a strategic move, Hyperscale Data plans to divest its Ault Capital Group subsidiary by the end of 2025, with Founder and Executive Chairman Milton Todd Ault III stepping down from his role to focus on ACG. Meanwhile, Sentinum has signed a Hosting Services Agreement with Montana OP LLC for Bitcoin mining operations, providing access to 20 megawatts of energy capacity. The company continues to transform its operations, with CEO William Horne expected to take on the role of Chairman of the Board.
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