Wednesday, March 23, 2022

$NILE My DD. Many catalysts in the next days/weeks. PT 7$. Who is in?

Hello guys!

BitNile Holdings $NILE

This is what I found over the last days about it.

Disclaimer: There are so much things, BitNile owns. Can't cover all of them. All information without any guarantee, errors expected. No financial advice!

General:

- Mining, EV, Biotech play

- Market Cap 65.01M, Float 73.30M , Short Float 9.84%

- subsidiary TurnOnGreen (EV charging station producer)

- own 22% shares of $ALZN Alzamend Neuro Inc (PT 15$ as ToddAult said on Twitter)

- Announced dividends for TurnOnGreen on monday

- many subsidiaries (Gresham, TurnOnGreen, ...)

- Getting a large player in mining in North America

- PT 7$ (Twitter https://twitter.com/BitnileHoldings)

- Earnings 2021 55 Mil, Forecast 2022 155 Mil

- CEO https://twitter.com/ToddAultIII

Mining:

- End of March Installing 2,300 S19j Pro Antminers (total then 4,800 miners)

- All miners installed, more than 2 Bitcoins a day (mining level 27.55 trillion)

- Agreement of purchase for 16,000 S19j Pro Antminers

- All in all 20,600 miners ( 2.24 exahashes per second)

Catalysts:

- End of March Installed Miners

- Announcement of the date for Dividends in TurnOnGreen

- 14th April Earnings

- subsidiary Gresham will go public in May

- More miners incoming

Why PT 7$?

If we only measure the mining things in this company, we are playing in the upper league of mining companies in North America, if the miners got installed. For comparison, this is $MARA in North America with current 3.8 EH/s. Current Market Cap 3 Billion (had ~6 Bil as Bitcoin was >60k)

https://ir.marathondh.com/news-events/press-releases/detail/1278/marathon-digital-holdings-announces-bitcoin-production-and

But we have also the other things which comes for free (owning TurnOnGreen, Gresham and others, 22% shares of $ALZN, etc.).

If you have more information, just feel free to comment.

NO FINANCIAL ADVICE!

NO FINANCIAL ADVICE!

NO FINANCIAL ADVICE!

Sources:

https://www.thestreet.com/memestocks/reddit-trends/nile-stock-a-high-potential-penny-stock-worth-your-attention

https://www.businesswire.com/news/home/20220317005431/en/BitNile-Holdings-Updates-Status-of-Bitcoin-Mining-Operations

https://www.businesswire.com/news/home/20220321005274/en/BitNile-Holdings%E2%80%99-Subsidiary-TurnOnGreen-to-Be-Acquired-by-BitNile-Holdings%E2%80%99-Subsidiary-Imperalis-Holding-Corp.-OTC-Pink-IMHC-Creating-a-Publicly-Traded-EV-Charging-and-Power-Solutions-Company

https://www.businesswire.com/news/home/20220207005353/en/BitNile-Holdings-Announces-Preliminary-2021-Revenue-of-52-Million-and-2022-Revenue-Guidance-of-155-Million

https://www.businesswire.com/news/home/20220217005426/en/Gresham-Worldwide-a-BitNile-Holdings-Subsidiary-Booked-New-Orders-Exceeding-10.2-Million-in-the-Fourth-Quarter-of-2021


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