Ault alpha has purchased 50 million shares of common stock of bitnile holdings, inc.

Las vegas--( business wire )--bitnile holdings, inc. (nyse american: nile), a diversified holding company (“bitnile” or the “company”), announced today that its related party, ault alpha, lp (“ault alpha”), has purchased an aggregate of 50 million shares of common stock of bitnile since it first started buying in september 2021. ault alpha purchases common stock of bitnile pursuant to a plan previously adopted pursuant to rule 10b5-1 and rule 10b-18 of the securities exchange act of 1934, as amended. the 50 million shares of common stock represent approximately 13% of the company as of today.
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