Hyperscale Data Subsidiary Bitnile.com Launches Nile Coin on the Solana Blockchain
Hyperscale Data's (NYSE: GPUS) subsidiary BitNile.com has launched Nile Coin (NILE) on the Solana blockchain on May 3, 2025. The company minted 500 billion Nile Coins with a current market cap of approximately $164.5 million at $0.000329 per coin. BitNile.com initially provided 100 million Nile Coin and 11 SOL to the liquidity pool on Raydium, selling approximately 76.6 million coins to date.
The treasury wallet currently holds over 3.2 billion Nile Coins, with 99.8% of supply (≈498.9B NILE) secured in a Streamflow-audited smart contract, vesting linearly with ~0.46B NILE released daily over 36 months. BitNile.com plans to integrate Nile Coin as a payment option on its social gaming platform around June 1, 2025.
Hyperscale Data (NYSE: GPUS), tramite la sua controllata BitNile.com, ha lanciato il Nile Coin (NILE) sulla blockchain Solana il 3 maggio 2025. La società ha creato 500 miliardi di Nile Coin, con una capitalizzazione di mercato attuale di circa 164,5 milioni di dollari al prezzo di 0,000329 dollari per moneta. BitNile.com ha inizialmente fornito 100 milioni di Nile Coin e 11 SOL al pool di liquidità su Raydium, vendendo finora circa 76,6 milioni di monete.
Il portafoglio del tesoro detiene attualmente oltre 3,2 miliardi di Nile Coin, con il 99,8% dell'offerta (≈498,9 miliardi di NILE) bloccato in un contratto smart verificato da Streamflow, con un rilascio lineare di circa 0,46 miliardi di NILE al giorno per 36 mesi. BitNile.com prevede di integrare Nile Coin come opzione di pagamento sulla sua piattaforma di social gaming intorno al 1° giugno 2025.
Hyperscale Data (NYSE: GPUS), a través de su subsidiaria BitNile.com, lanzó el Nile Coin (NILE) en la blockchain Solana el 3 de mayo de 2025. La compañía acuñó 500 mil millones de Nile Coins, con una capitalización de mercado actual de aproximadamente 164,5 millones de dólares a un precio de 0,000329 dólares por moneda. BitNile.com inicialmente aportó 100 millones de Nile Coin y 11 SOL al pool de liquidez en Raydium, vendiendo hasta la fecha aproximadamente 76,6 millones de monedas.
La billetera del tesoro actualmente posee más de 3,2 mil millones de Nile Coins, con el 99,8% del suministro (≈498,9 mil millones de NILE) asegurado en un contrato inteligente auditado por Streamflow, con un desembolso lineal de aproximadamente 0,46 mil millones de NILE diarios durante 36 meses. BitNile.com planea integrar Nile Coin como opción de pago en su plataforma de juegos sociales alrededor del 1 de junio de 2025.
Hyperscale Data (NYSE: GPUS)의 자회사 BitNile.com이 2025년 5월 3일 솔라나 블록체인에서 Nile Coin (NILE)을 출시했습니다. 회사는 5,000억 개의 Nile Coin을 발행했으며, 현재 시가총액은 약 1억 6,450만 달러로 코인당 가격은 0.000329달러입니다. BitNile.com은 초기 유동성 풀에 1억 개의 Nile Coin과 11 SOL을 제공했으며, 현재까지 약 7,660만 개의 코인을 판매했습니다.
재무 지갑에는 현재 32억 개 이상의 Nile Coin이 보유되어 있으며, 공급량의 99.8%(약 4,989억 NILE)가 Streamflow가 감사한 스마트 계약에 안전하게 보관되어 있고, 36개월 동안 매일 약 4억 6천만 NILE이 선형으로 풀릴 예정입니다. BitNile.com은 2025년 6월 1일경에 Nile Coin을 소셜 게임 플랫폼의 결제 수단으로 통합할 계획입니다.
Hyperscale Data (NYSE : GPUS), via sa filiale BitNile.com, a lancé le Nile Coin (NILE) sur la blockchain Solana le 3 mai 2025. La société a créé 500 milliards de Nile Coins, avec une capitalisation boursière actuelle d'environ 164,5 millions de dollars au prix de 0,000329 dollar par pièce. BitNile.com a initialement fourni 100 millions de Nile Coin et 11 SOL au pool de liquidité sur Raydium, ayant vendu à ce jour environ 76,6 millions de pièces.
Le portefeuille du trésor détient actuellement plus de 3,2 milliards de Nile Coins, avec 99,8 % de l'offre (≈498,9 milliards de NILE) sécurisée dans un contrat intelligent audité par Streamflow, avec un déblocage linéaire d'environ 0,46 milliard de NILE par jour sur 36 mois. BitNile.com prévoit d'intégrer Nile Coin comme option de paiement sur sa plateforme de jeux sociaux aux alentours du 1er juin 2025.
Hyperscale Data (NYSE: GPUS) Tochtergesellschaft BitNile.com hat am 3. Mai 2025 den Nile Coin (NILE) auf der Solana-Blockchain eingeführt. Das Unternehmen hat 500 Milliarden Nile Coins geprägt, mit einer aktuellen Marktkapitalisierung von etwa 164,5 Millionen US-Dollar bei einem Preis von 0,000329 US-Dollar pro Coin. BitNile.com stellte zunächst 100 Millionen Nile Coin und 11 SOL dem Liquiditätspool auf Raydium zur Verfügung und hat bisher rund 76,6 Millionen Coins verkauft.
Die Treasury-Wallet hält derzeit über 3,2 Milliarden Nile Coins, wobei 99,8 % des Angebots (≈498,9 Mrd. NILE) in einem von Streamflow geprüften Smart Contract gesichert sind, der linear über 36 Monate mit ca. 0,46 Mrd. NILE täglich freigegeben wird. BitNile.com plant, Nile Coin ab dem 1. Juni 2025 als Zahlungsmöglichkeit auf seiner Social-Gaming-Plattform zu integrieren.
- Launch of new cryptocurrency with significant market cap of $164.5 million
- 99.8% of token supply secured in audited smart contract with controlled vesting
- Planned integration as payment method on BitNile.com platform
- Initial liquidity provision and successful token sales demonstrate market interest
- Large total supply of 500 billion tokens could lead to dilution
- Daily release of ~0.46B tokens over 36 months may create selling pressure
- Limited initial utility until platform integration in June 2025
Insights
BitNile.com launched Nile Coin on Solana with $164.5M market cap, creating new revenue potential upon integration with their gaming platform.
BitNile.com has officially launched the Nile Coin (NILE) on the Solana blockchain, establishing a $164.5 million market capitalization based on the recent price of
The token economics are structured with a fixed supply of 500 billion NILE tokens, with almost all (
From a technical standpoint, BitNile.com has implemented several best practices by revoking both mint and freeze authorities, meaning the supply is truly fixed and cannot be manipulated by the creators going forward. The liquidity pool architecture on Raydium, a Solana-based decentralized exchange, started with 100 million NILE paired against approximately 11 SOL, establishing the initial trading parameters.
The business model integration appears clear, with plans to accept Nile Coin as payment on BitNile.com's social gaming platform beginning around June 1. This creates a utility case for the token while potentially driving demand through the platform's user base. The company has already sold approximately 76.6 million tokens, retaining significant treasury holdings of over 3.2 billion tokens, which provides ample resources for future ecosystem development.
This launch represents a strategic move to create a proprietary payment system within BitNile's existing social gaming ecosystem, potentially creating new revenue streams while reducing third-party payment processing dependencies.
The Nile Coin Began Trading on the Solana Blockchain on 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”), 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
Some additional facts about the Nile Coin:
- Whitepaper URL — Whitepaper - BitNile.com, Inc.;
- Link to Nile Coin — NILE/SOL Real-time On-chain Raydium (CPMM) DEX Data
- Coin Mint Address — 7evZ2P7uyerbqtVMjvFav4Gr4KnmPtYEGALJoRKVpgFz (Solana SPL);
- Initial Liquidity Seed — Pool began with 100 million NILE paired against ≈ 11 SOLANA;
- Token Supply & Specifications — Fixed supply 500 billion NILE, 6 decimals, mint & freeze authorities revoked;
- Bitnile.com Current Treasury Balance — as of May 8, 2025, the treasury wallet holds 3,229,851,188.29 Nile Coin; and
Vesting schedule — ≈ 498.9 B NILE (99.8 % of supply) secured in a Streamflow-audited smart contract, vesting linearly with ~0.46 B NILE released daily over 36 months back to the treasury wallet.
“We are very pleased with the initial launch of the Nile Coin and are excited to integrate the Nile Coin into our social gaming platform,” said Joe Spaziano, Chief Executive Officer of Bitnile.com. “By accepting the Nile Coin as a form of payment on Bitnile.com, we hope to provide users with an additional onboarding option and enhance the accessibility of the offerings on the platform. We expect to begin accepting the Nile Coin as a form of payment on or around June 1, 2025.”
This press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of Nile Coins in any state or other jurisdiction in which such offer, solicitation or sale or such assets or securities would be unlawful under the laws of any such state or other jurisdiction.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.
Hyperscale Data Investor Contact:
IR@hyperscaledata.com or 1-888-753-2235
FAQ
What is the current market cap and price of GPUS's Nile Coin?
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When will Nile Coin be accepted as payment on BitNile.com?
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How much initial liquidity was provided for Nile Coin?
