BitNile Holdings, Inc.

BitNile Holdings, Inc.

NILE-PD
BitNile Holdings, Inc.US flagNew York Stock Exchange Arca
14.00
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
William B. Horne
Full Time Employees
313
Sector
Financial Services
Industry
Financial - Capital Markets
Address
11411 Southern Highlands Parkway Las Vegas NV United States of America 89141
Business
BitNile Holdings, Inc. BitNile Holdings, Inc. (NILE-PD) operates as a diversified holding company that acquires undervalued businesses and disruptive technologies with global impact. Through its wholly-owned and majority-owned subsidiaries, including Microphase Corporation and Avalanche International Corp., the company designs, develops, manufactures and sells power system solutions such as switching and uninterruptible power supplies, power conversion and distribution equipment, frequency converters, transformer and power rectifiers, radio frequency and microwave filters, diplexers, multiplexers, detectors, switch filters and integrated assemblies; it also provides custom computer-based automated test equipment, turnkey systems, high precision calibration equipment and project management solutions for defense/aerospace, industrial, automotive, telecommunications, medical/biopharma and textile industries in North America, Europe, the Middle East and internationally. Additional offerings encompass residential and commercial high-speed EV charging solutions, commercial loans, convertible notes and revolving lines of credit via a licensed lending subsidiary, virtual training through the LightSpeedVT platform, media production including web development, corporate communications and scripted television, Bitcoin mining at an owned data center, real estate investments in hospitality, multifamily and industrial properties, hotel operations and digital marketing services. Founded as part of Ault Global Holdings' evolution and headquartered in Las Vegas, Nevada, BitNile pursues growth across these segments targeting entrepreneurial businesses, industrial clients and cryptocurrency markets. Recent developments include a planned name change to Ault Alliance, Inc. with ticker AULT effective January 2023 via upstream merger of subsidiary Ault Alliance, Inc., alongside announcements of spin-offs creating four public companies encompassing digital learning, Bitcoin mining and data centers via BitNile, Inc., defense solutions through GWW and green technology via TurnOnGreen to enhance operational focus and shareholder value; further strategic moves feature acquisitions like Circle 8 Crane Services assets for industrial expansion, property purchases for multifamily projects in Florida, joining the Chamber of Digital Commerce's Executive Committee and plans for a Bitcoin marketplace platform alongside bitnile.com social gaming launch.