$TRUMP Meme Coin to be Accepted as Crypto Payment in Social Casino of Bitnile.com, a Hyperscale Data Subsidiary
Rhea-AI Summary
Hyperscale Data (NYSE: GPUS) announced that its subsidiary BitNile.com will accept $TRUMP meme coin as a payment method starting June 15, 2025. The Solana-based cryptocurrency will be used to purchase Nile Packages containing virtual in-game currency (Tokens) and sweepstakes entries (Coins) for BitNile.com's social casino platform.
The company is launching a special promotion offering triple rewards for $TRUMP payments during the first month, upgrading a standard $20 package from 50,000 Tokens and 21 Coins to 150,000 Tokens and 63 Coins. With over 750,000 wallets holding $TRUMP, BitNile.com aims to tap into this market for social gaming. The platform plans to add support for additional cryptocurrencies in the coming months.
Positive
- None.
Negative
- Tokens cannot be redeemed for cash or prizes, limiting real value proposition
- Reliance on meme coin holders as target market presents volatility risks
- Social casino gaming faces regulatory uncertainties and restrictions
Insights
Hyperscale Data's integration of $TRUMP meme coin on BitNile.com represents minimal business impact with questionable strategic value despite promotional efforts.
Hyperscale Data's announcement about accepting the $TRUMP meme coin on its BitNile.com social casino platform represents a minimal business development rather than a substantial revenue driver. The core of this announcement centers on allowing holders of a Solana-based meme coin to use it for purchasing in-game currency on a sweepstakes-based social casino - essentially a marketing tactic targeting the reported 750,000 $TRUMP token holders.
The actual business impact here is likely negligible. Social casinos operate in a regulatory gray area where players purchase virtual currency (Tokens) that cannot be redeemed for cash, while receiving sweepstakes entries (Coins) that can potentially win prizes. The triple-token promotion for $TRUMP users is a standard customer acquisition strategy in the gaming industry, not a fundamental business enhancement.
From an investor perspective, this announcement lacks substantive financial projections or strategic rationale. Meme coins are highly volatile assets with questionable long-term stability. While cryptocurrency integration can enhance payment options, choosing a politically-charged meme coin introduces unnecessary brand association risks that could alienate portions of the user base. The planned expansion to accept additional cryptocurrencies suggests this is merely the first step in a broader payment diversification strategy.
This appears to be more of a publicity play leveraging the attention around a controversial meme coin rather than a meaningful business enhancement. The announcement provides no metrics on expected user growth, revenue impact, or strategic advantages beyond the vague assertion that "there is a market" for $TRUMP holders interested in social gaming.
LAS VEGAS, May 23, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that, on or about June 15, 2025, the $TRUMP meme coin will become an accepted payment method on Bitnile.com, the sweepstakes-based social-casino platform operated by Bitnile.com, Inc. (“Bitnile.com”), an indirectly wholly owned subsidiary of Hyperscale Data.
Players will be able to use Solana-based $TRUMP to purchase a package (the “Nile Package”) of Bitnile.com’s virtual in-game currency, Nile tokens (the “Tokens”). The Tokens are used to enter a wide range of casino-style social games on BitNile.com, including slots, poker and blackjack. The Tokens cannot be redeemed for cash or prizes. In addition to the Tokens, purchases of the Nile Package receive Nile sweeps coins (the “Coins”). The Coins, which cannot be purchased, give the holder sweepstakes entries, the winners of which can receive prizes or cryptocurrency (in the form of currency used to purchase the Nile Package that gifted the Coins).
“We love the idea that a meme coin can have real purpose and functionality in today’s digital world. With more than 750,000 wallets holding $TRUMP, we believe there is a market for those holders who want to engage in social gaming,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “Starting mid-June, $TRUMP holders will be able to enjoy BitNile.com in a whole new way.”
Special Package Promotion
For one month after $TRUMP becomes an accepted payment method, BitNile.com will offer a limited-time promotion: players who use $TRUMP to purchase Nile Packages will receive three times the number of Tokens and Coins. For example, a
“This is more than just gaming,” Milton “Todd” Ault III added. “By tripling the Nile Package size, we’re amplifying the experience—users get to experience more of the social casino games while receiving additional chances to win cryptocurrency and exciting prizes.”
Additional Cryptocurrencies to be Accepted
Additionally, BitNile.com is actively evaluating additional cryptocurrencies for future payment options and expects to announce more supported digital assets in the coming months.
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
When will BitNile.com start accepting $TRUMP meme coin as payment?
What is the special promotion offered by BitNile.com for $TRUMP payments?
How many $TRUMP wallet holders could potentially use BitNile.com's platform?
Can BitNile.com's Nile Tokens be redeemed for cash or prizes?
What games are available on BitNile.com's social casino platform?
