05/09/2025 - 06:30 AM The Nile Coin Debuts on Solana Blockchain as of May 3, 2025 LAS VEGAS, May 09, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), announced that its indirectly owned subsidiary BitNile. com, Inc. (“Bitnile. com”) officially launched the Nile Coin (NILE) on the Solana Blockchain on May 3, 2025. Bitnile. com, a U. S. -based social gaming platform, minted a fixed supply of 500 billion Nile Coin. As of May 8, 2025, the market capitalization stands at approximately $164. 5 million, based on a recent trading price of $0. 000329 on Solana-based decentralized exchanges, primarily using liquidity from Raydium. BitNile. com initially seeded the liquidity pool with 100 million Nile Coin and 11 SOL. To date, about 76. 6 million Nile Coin have been sold, with approximately 23. 4 million NILE and 47 SOL remaining in the liquidity pool represented by the Company’s liquidity pool tokens. Key details about Nile Coin include: - Whitepaper URL: Whitepaper - BitNile. com, Inc. ; - Real-time on-chain trading data: NILE/SOL on Raydium (CPMM) DEX; - Coin Mint Address: 7evZ2P7uyerbqtVMjvFav4Gr4KnmPtYEGALJoRKVpgFz (Solana SPL); - Initial Liquidity: 100 million NILE paired with ≈ 11 SOLANA; - Token Supply & Specs: Fixed supply of 500 billion NILE with 6 decimals; mint and freeze authorities revoked; - Treasury Holdings (as of May 8, 2025): 3, 229, 851, 188. 29 Nile Coin in Bitnile. com treasury wallet; - Vesting Schedule: Approximately 498. 9 billion NILE (99. 8% of supply) secured in a Streamflow-audited smart contract, vesting linearly, releasing around 0. 46 billion NILE daily over 36 months back to the treasury wallet. Joe Spaziano, CEO of Bitnile. com, stated, “We are very pleased with Nile Coin’s initial launch and look forward to integrating it into our social gaming platform. Accepting Nile Coin as a payment method will offer users an additional onboarding option and enhance platform accessibility. We anticipate beginning to accept Nile Coin payments around June 1, 2025. ” This announcement is informational and does not constitute an offer or solicitation to buy or sell Nile Coins in any jurisdiction where it would be unlawful. For more information on Hyperscale Data and its subsidiaries, stockholders and investors are encouraged to review the Company’s public filings and press releases available on the Investor Relations section at hyperscaledata. com or at www. sec. gov. About Hyperscale Data, Inc. Hyperscale Data, through its wholly owned subsidiary Sentinum, Inc. , owns and operates a data center specializing in digital asset mining and providing colocation and hosting services targeting AI ecosystems and other industries. Another wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), functions as a diversified holding company acquiring undervalued businesses and disruptive technologies with global impact. The Company plans to divest ACG around December 31, 2025 (the “Divestiture”).
Post-Divestiture, Hyperscale Data will focus solely on data center operations supporting high-performance computing and may continue Bitcoin mining. Until then, Hyperscale Data will support a variety of industries through ACG’s subsidiaries spanning AI software, social gaming, equipment rental, defense/aerospace, industrial, automotive, medical/biopharma, and hotel sectors. ACG also provides private credit and structured finance through a licensed lending subsidiary. Headquarters are at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141. On December 23, 2024, the Company issued 1, 000, 000 shares of Series F Exchangeable Preferred Stock to common stockholders and Series C Convertible Preferred Stockholders on an as-converted basis. The Divestiture will be effected via exchange of Series F Preferred Stock for Class A and Class B Common Stock of ACG (the “ACG Shares”). Only holders who surrender Series F Preferred Stock in the exchange offer will receive ACG Shares and become ACG stockholders upon Divestiture. Forward-Looking Statements This press release contains forward-looking statements as defined under applicable securities laws. These statements, predictive in nature and containing terms like “believes, ” “anticipates, ” “plans, ” “expects, ” and similar expressions, involve risks and uncertainties. Actual results may materially differ due to various factors. The Company does not undertake any obligation to update these statements except as required by law. Detailed risk factors can be found in the Company’s SEC filings available at www. sec. gov and hyperscaledata. com. Investor Contact: IR@hyperscaledata. com 1-888-753-2235
Nile Coin Launches on Solana Blockchain by BitNile.com - May 2025
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