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Bitnile Holdings Announces Closing Of Series A Investment In Decentralized Finance Platform

Dec 13, 2021•over 3 years ago

Round Type

series a

Las Vegas

Description

BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its subsidiary, BitNile, Inc., closed its investment transaction as the lead investor in a $15 million Series A offering from Earnity Inc., a San Mateo, Calif. based decentralized finance marketplace as initially announced on December 6, 2021.

Company Information

Company

Bit Nile Holdings

Location

Las Vegas, Nevada, United States

About

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, the Company owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile Holdings’ headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.com.