Brief: BitNile Holdings’ Subsidiary BitNile, Inc. Enters Into Hosting Agreement With Agora Digital Holdings

Riskon International

07/12/2022 12:11

Dec 7 (Reuters) - Bitnile Holdings Inc  NILE.A :
    * BITNILE HOLDINGS’ SUBSIDIARY BITNILE, INC. ENTERS INTO
HOSTING
AGREEMENT WITH AGORA DIGITAL HOLDINGS
    * BITNILE HOLDINGS INC - AGORA DIGITAL IS REQUIRED TO RAISE
AT
LEAST $5 MILLION TO FULFILL OBLIGATIONS UNDER AGREEMENT
    * BITNILE HOLDINGS-AGORA DIGITAL WILL INITIALLY PROVIDE UP
TO 12
MW OF ELECTRICITY AT DIGITAL ASSET MINING HOSTING FACILITY IN
TEXAS FOR BNI'S USE
    * BITNILE HOLDINGS INC- BNI BELIEVES AGREEMENT WILL ENABLE
TO
INITIALLY POWER ABOUT 3,750 S19J PRO MINERS IN Q1 OF 2023

Source text for Eikon:  ID:nGNX9npr8X 
Further company coverage:  NILE.A 
 ((Reuters.Briefs@thomsonreuters.com;))