Tag : BitNile Holdings

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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......
BitNile Holdings Issues Update That Company Has Invested a Total of $127 Million on Data Center and Bitcoin Miners
Finance News

BitNile Holdings Issues Update That Company Has Invested a Total of $127 Million on Data Center and Bitcoin Miners

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that the Company has invested a total of $127 million on its bitcoin mining operations at its Michigan data center, including $114.7 million in the purchase of bitcoin miners from BITMAIN Technologies Ltd. and $12.3 million for the purchase of the data center......
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......
BitNile Holdings Obtains $52.2 Million in Secured Debt Financing
Fintech News

BitNile Holdings, Through Its Subsidiary Ault Alliance, Acquires Property For $15.5 Million For Multifamily Project In Florida

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that its subsidiary, Ault Alliance, Inc. has, through its subsidiary Ault Global Real Estate Equities, Inc. (“AGREE”), acquired a property in St. Petersburg, FL for $15.5 million that will be used for the development of a high-rise multi-family project. The property is......
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