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)
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:
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