Ault Alliance, Inc., a diversified holding company. (NYSE American: AULT), its subsidiary Sentinum, Inc. announced that his company mined approximately 105 Bitcoins in March 2024, indicating an annual run rate of approximately $82 million based on the current Bitcoin price of $65,000 per coin. Mining operations are operated by Sentinum's data center in Michigan and Core Scientific, Inc. Shared among machines hosted by .

The company's CEO, William B. Horne, highlighted the recent installation of the first Antbox mining container at a facility in Montana, part of a strategic move to take advantage of lower power costs and repurpose the Michigan facility for AI data center development.

Ault Alliance cautioned that Bitcoin mining estimates are subject to market fluctuations, fluctuations in mining difficulty and other operational factors. The company also acknowledged the upcoming Bitcoin halving event, which will reduce the block reward for miners, stating that it does not predict Bitcoin's price changes but is ready to adjust mining operations as needed.

The press release also provided an overview of Ault Alliance's business ventures, which include operating data centers, offering colocation and hosting services, and operating in various industries such as artificial intelligence, defense/space, and medical/biopharma. The company originates loans through a licensed lending subsidiary and is headquartered in Las Vegas, Nevada.

This news has been prepared based on a press release.

#BitcoinDunyamiz

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