Core Insights - Hyperscale Data, Inc. announced the launch of Nile Coin on the Solana Blockchain on May 3, 2025, through its subsidiary BitNile.com [1][4] - The current market capitalization of Nile Coin is approximately $164.5 million, with a total supply of 500 billion coins [2] - BitNile.com has sold around 76.6 million Nile Coin from the initial minting, with a liquidity pool containing approximately 23.4 million NILE and 47 SOL [2][3] Company Overview - Hyperscale Data operates a data center that mines digital assets and provides colocation and hosting services, particularly for AI ecosystems [6] - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [7] Product and Market Strategy - The Nile Coin will be integrated into BitNile.com's social gaming platform, allowing users to use it as a payment method starting around June 1, 2025 [4] - The Nile Coin has a vesting schedule where approximately 99.8% of the total supply is secured in a smart contract, releasing about 0.46 billion NILE daily over 36 months [3]
Hyperscale Data Subsidiary Bitnile.com Launches Nile Coin on the Solana Blockchain