lang icon English
May 10, 2025, 2:16 a.m.
2209

Hyperscale Data’s Subsidiary BitNile.com Launches Nile Coin on Solana Blockchain

Brief news summary

Hyperscale Data, Inc. (NYSE American: GPUS) launched Nile Coin (NILE), a new cryptocurrency on the Solana blockchain, through its subsidiary BitNile.com, a U.S.-based social gaming platform. Released on May 3, 2025, Nile Coin features a fixed supply of 500 billion tokens and reached a market capitalization of approximately $164.5 million by May 8, 2025. BitNile.com provided liquidity on the Raydium decentralized exchange, pairing 100 million NILE with 11 SOL, and has sold about 76.6 million tokens so far. Nearly 99.8% of NILE’s supply is secured in a Streamflow-audited smart contract that dispenses around 460 million tokens daily to the treasury over a 36-month vesting period. From June 1, 2025, BitNile.com will accept Nile Coin payments to enhance user onboarding and engagement. Beyond cryptocurrency, Hyperscale Data operates data centers specializing in digital asset mining and AI hosting and plans to divest its holding company, Ault Capital Group, by the end of 2025. The company also highlights potential risks, with further details available on its website and SEC filings.

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 500 billion Nile Coins with a current market capitalization of approximately $164. 5 million as of May 8, 2025, based on a price of $0. 000329 on Solana-based decentralized exchanges, supported by its primary liquidity pool on Raydium. BitNile. com initially seeded the liquidity pool with 100 million Nile Coins and 11 SOL, from which it has sold about 76. 6 million Nile Coins; the remaining approximately 23. 4 million NILE and 47 SOL remain secured within the liquidity pool tokens held by the Company. Key details about Nile Coin include: - Whitepaper: available at BitNile. com - Real-time Nile Coin trading data: accessible on Raydium (NILE/SOL pair) - Mint address: 7evZ2P7uyerbqtVMjvFav4Gr4KnmPtYEGALJoRKVpgFz (Solana SPL) - Initial liquidity: 100 million NILE paired with approximately 11 SOLANA - Token specs: fixed supply of 500 billion NILE with 6 decimals, mint and freeze authorities revoked - Treasury balance: as of May 8, 2025, Bitnile. com’s treasury holds about 3. 23 billion Nile Coins - Vesting schedule: about 498. 9 billion NILE (99. 8% of supply) is locked in a Streamflow-audited smart contract, vesting linearly with roughly 460 million NILE released daily over 36 months to the treasury wallet Joe Spaziano, CEO of Bitnile. com, stated, “We are very pleased with the initial launch of Nile Coin and look forward to integrating it into our social gaming platform. By accepting Nile Coin as payment, we aim to provide users an additional onboarding option and increase accessibility on our platform. We expect to begin accepting Nile Coin as a payment method around June 1, 2025. ” This release is for informational purposes only and does not constitute an offer to sell or solicitation to buy Nile Coins in any jurisdiction where such offer, solicitation, or sale would be unlawful. For further information on Hyperscale Data and its subsidiaries, stockholders and interested parties should refer to the Company’s public filings and press releases available under 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 for digital asset mining and offers colocation and hosting services for AI ecosystems and other industries. Its other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company acquiring undervalued businesses and disruptive technologies globally. The Company plans to divest ACG on or about December 31, 2025 (“Divestiture”), after which it will focus solely on owning and operating data centers to support high-performance computing services, potentially continuing Bitcoin mining. Until then, Hyperscale Data will continue providing mission-critical products through ACG and its subsidiaries across diverse industries—including AI software, social gaming, equipment rentals, defense/aerospace, industrial, automotive, medical/biopharma, and hospitality.

Additionally, ACG is engaged in private credit and structured finance via a licensed lending subsidiary. Hyperscale Data is headquartered 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 (“Series F Preferred Stock”) to all common stockholders and holders of Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will be effected via a voluntary exchange of Series F Preferred Stock for Class A and Class B Common Stock of ACG (“ACG Shares”). Only holders who surrender their Series F Preferred Stock and do not withdraw will receive ACG Shares and become stockholders of ACG upon the Divestiture. Forward-Looking Statements This press release contains forward-looking statements as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements involve risks and uncertainties, including those relating to future events, conditions, or performance, and are based on current assumptions. Actual results may differ materially. The Company undertakes no obligation to update any forward-looking statements publicly. For more information on risks and other factors, refer to Hyperscale Data’s filings with the U. S. SEC at www. sec. gov and hyperscaledata. com. Investor Contact: IR@hyperscaledata. com | 1-888-753-2235


Watch video about

Hyperscale Data’s Subsidiary BitNile.com Launches Nile Coin on Solana Blockchain

Try our premium solution and start getting clients — at no cost to you

I'm your Content Creator.
Let’s make a post or video and publish it on any social media — ready?

Language

Content Maker

Our unique Content Maker allows you to create an SEO article, social media posts, and a video based on the information presented in the article

news image

Last news

The Best for your Business

Hot news

Dec. 10, 2025, 9:49 a.m.

Microsoft Slashes AI Sales Growth Targets Amid Cu…

Microsoft has recently revised its sales growth targets for its AI agent products after many sales personnel struggled to meet their quotas during the fiscal year ending in June, as reported by The Information.

Dec. 10, 2025, 9:28 a.m.

AI Seepage in Products and Marketing: Impact on C…

AI-generated content is increasingly appearing in product descriptions and marketing campaigns, a trend explored by Pangram.

Dec. 10, 2025, 9:25 a.m.

AI-Driven SEO: Transforming Content Strategies fo…

As the year 2026 approaches, the field of search engine optimization (SEO) is poised for a significant transformation due to the rising impact of artificial intelligence (AI).

Dec. 10, 2025, 9:18 a.m.

Google Faces New Antitrust Probe in Europe Over A…

Google is once again facing scrutiny from European Union regulators with the opening of a new antitrust investigation.

Dec. 10, 2025, 9:18 a.m.

YouTube Channel Discovers Use Case for AI-Powered…

A YouTube channel called InsideAI recently sparked substantial debate by releasing a video featuring an AI-powered robot controlled by ChatGPT.

Dec. 10, 2025, 9:16 a.m.

Discuss the Applications of AI Technologies in Sm…

The rapid development of Artificial Intelligence (AI) technologies has profoundly transformed the news media industry, ushering in an era of increasingly prevalent machine-generated news.

Dec. 10, 2025, 5:30 a.m.

South Korea to Require Advertisers to Label AI-Ge…

SEOUL, South Korea — Beginning next year, South Korea will mandate that advertisers explicitly label any advertisements produced using artificial intelligence (AI) technologies.

All news

AI Company

Launch your AI-powered team to automate Marketing, Sales & Growth

and get clients on autopilot — from social media and search engines. No ads needed

Begin getting your first leads today