Tag : BitNile

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin
Digital Payments News

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin

Business Wire
by Business Wire0
Ault Alliance, a diversified holding company, announced that it plans to explore a pathway that will allow it to issue a special dividend payable in Bitcoin to stockholders. The Company intends to collaborate with regulatory authorities, its transfer agent and others, which may include a trusted custodian, to determine what......
Ault Alliance Issues March Bitcoin Production and Mining Operation Report
Fintech News

Ault Alliance Issues March Bitcoin Production and Mining Operation Report

Business Wire
by Business Wire0
Ault Alliance,, a diversified holding company (“Ault Alliance,” or the “Company”) announced that its wholly owned subsidiary, BitNile, (“BitNile”) has issued an unaudited update on its Bitcoin mining operations reporting receiving 102 Bitcoin for the month of March 2023 as a result of its miners providing computing power to a......
BITNILE.COM to Launch Early Access to Its Immersive Metaverse Platform At Mobile World Congress Barcelona 2023
Blockchain News

BITNILE.COM to Launch Early Access to Its Immersive Metaverse Platform At Mobile World Congress Barcelona 2023

Business Wire
by Business Wire0
Ault Alliance, a diversified holding company formerly known as BitNile Holdings, announced it will be participating at Mobile World Congress Barcelona 2023, the world’s largest mobile industry exhibition, in Barcelona, Spain from February 27, 2023 through March 2, 2023. The Company will showcase early access to its latest product, BITNILE.COM,......
BitNile Holdings Plans to Change Name to Ault Alliance
Lending News

BitNile Holdings Plans to Change Name to Ault Alliance

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company, announced its plan to merge its wholly owned subsidiary, Ault Alliance, Inc. with and into BitNile. In connection with this upstream merger, the current AAI will disappear and the business of BitNile will continue as it is currently being conducted. Further, on January 3,......
B2B Fintech News

BitNile Holdings Obtains $14.7 Million In Secured Debt Financing To Support Private Equity Investment

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) announced today that it borrowed $14.7 million of principal amount of a secured promissory note (the “Note”) from an accredited investor and shareholder. The Note matures on March 16, 2023, although if the Company repays at least $12 million......
B2B Blockchain Digital Fintech News

BitNile Holdings’ Subsidiary BitNile, Inc. Enters Into Hosting Agreement With Agora Digital Holdings

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc. a diversified holding company announced that its wholly owned subsidiary, BitNile, Inc. (“BNI”), has entered into a hosting agreement securing up to 78 megawatts (“MW”) of power with Agora Digital Holdings Inc. (“Agora Digital”), a majority-owned subsidiary of Ecoark Holdings Inc.. Agora Digital will initially provide up to 12......
Cloud Commerce News

BitNile Holdings’ Subsidiary Agrees to Purchase Assets Of Circle 8 Crane Services

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc a diversified holding company announced that Circle 8 Newco LLC (“Circle 8 Newco”), a newly formed indirect subsidiary of Ault Alliance, Inc. (“Ault Alliance”), a wholly owned subsidiary of the Company, has entered into an asset purchase agreement (the “Agreement”) with Circle 8 Crane Services LLC (“Circle 8”), providing......
BitNile Holdings Issues October Bitcoin Production and Mining Operation Report
Fintech News

BitNile Holdings Issues October Bitcoin Production and Mining Operation Report

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro and XP Antminers at the Company’s Michigan data center and the hosted Texas facility. BitNile’s Bitcoin mining production......
BitNile Holdings Issues March Bitcoin Production and Mining Operation Report
Blockchain Cryptocurrency News

BitNile Holdings Issues March Bitcoin Production and Mining Operation Report

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is currently operating......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings Obtains $52.2 Million in Secured Debt Financing

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that it has sold $58.4 million of principal face amount 10% Original Issuance Discount Promissory Notes to sophisticated investors for $52.2 million The Notes are due and payable on March 31, 2022, accrue interest at the rate of 8% per annum and......
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