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Cryptocurrency News Articles
$TRUMP Meme Coin to be Accepted as Payment on Bitnile.com Starting June 15, 2025
May 23, 2025 at 06:42 pm
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company”), today announced that, on or about June 15, 2025
Hyper Data announced that, on or about June 15, $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.
At that time, 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 meme coin 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 $20.00 package that normally includes 50,000 Tokens and 21 Coins will be upgraded to 150,000 Tokens and 63 Coins during the promotional period.
"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
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