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Hyperscale Data Subsidiary Bitnile.com Accepting Nile Coin in its Social Casino
Globenewswire· 2025-06-04 10:30
Core Viewpoint - Hyperscale Data, Inc. has announced that its subsidiary Bitnile.com is now accepting Nile Coin as a payment method for its virtual in-game currency package, marking a significant step in integrating blockchain technology into its gaming platform [1][3]. Group 1: Company Developments - Bitnile.com launched Nile Coin on the Solana Blockchain on May 3, 2025, allowing users to purchase a package of virtual in-game currency known as Nile tokens [1]. - The Tokens are utilized for various casino-style social games on Bitnile.com, including slots, poker, and blackjack, but cannot be redeemed for cash or prizes [2]. - The Nile Package also includes Nile sweeps coins, which provide holders with entries into sweepstakes for potential prizes or cryptocurrency [2]. Group 2: Strategic Initiatives - The introduction of Nile Coin is part of a broader digital asset initiative by Hyperscale Data, aiming to merge blockchain innovation with real-world applications across gaming, finance, and AI infrastructure [3]. - 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].
Hyperscale Data Subsidiary Bitnile.com Launches Nile Coin on the Solana Blockchain
GlobeNewswire News Room· 2025-05-09 10:30
LAS VEGAS, May 09, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirectly owned subsidiary BitNile.com, Inc. (“Bitnile.com”), officially launched the Nile Coin (NILE) (“Nile Coin”) on the Solana Blockchain on May 3, 2025. Bitnile.com, a U.S.-based social gaming platform, minted 500 billion Nile Coin and the current market capitalization as of May 8, 2025, is approximately $164.5 million, ba ...