BitNile Holdings Achieves Bitcoin Mining Production Milestone of 500 Bitcoin Mined to Date at Its Michigan Data Center

BitNile Holdings, a diversified holding company, announced that it has achieved a Bitcoin mining production milestone of 500 Bitcoin mined to date at its Michigan data center.

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“I am pleased to see the progress the team has made in building up our mining capability and achieving a milestone in Bitcoin mining production. The plan to grow our Bitcoin mining operations is clear, and it is rewarding to see the team achieve key milestones along the way.”

Milton “Todd” Ault, III, the Company’s Executive Chairman, stated, “I am pleased to see the progress the team has made in building up our mining capability and achieving a milestone in Bitcoin mining production. The plan to grow our Bitcoin mining operations is clear, and it is rewarding to see the team achieve key milestones along the way.”

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BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, defense/aerospace, industrial, automotive, medical/biopharma, karaoke audio equipment, hotel operations and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary

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