24/7 Market News Snapshot 09 May, 2025 – Hyperscale Data, Inc. (NYSE:GPUS)

May 9, 2025

DENVER, Colo., 09 May, 2025 (www.247marketnews.com) – (NYSE:GPUS) are discussed in this article.
Hyperscale Data, Inc. (NYSE American: GPUS) is witnessing a remarkable surge in stock performance, opening at $9.15 and currently trading at $9.357, reflecting a notable increase of 18.44% from the previous closing price of $7.90. This surge is marked by a significant trading volume of 4.06 million shares, highlighting strong investor interest and a potentially bullish sentiment. Technical indicators signal a breakout above key resistance levels, which could stimulate further buying activity. As the stock stabilizes, traders are advised to monitor for support levels, underlining an optimistic outlook for GPUS in the near future.

In a strategic move to diversify its portfolio, Hyperscale Data’s subsidiary, BitNile.com, Inc., successfully launched the Nile Coin (NILE) on the Solana Blockchain on May 3, 2025. This launch represents a pivotal advancement for BitNile.com, a developing social gaming platform aimed at enhancing user interaction through cryptocurrency integration. With an initial minting of 500 billion Nile Coins, the market capitalization soared to approximately $164.5 million as of May 8, 2025. The increasing trading activity has seen over 76.6 million Nile Coins sold, boosting liquidity pools on decentralized exchanges, with Raydium serving as a key liquidity provider.

Joe Spaziano, CEO of BitNile.com, expressed optimism regarding the successful launch, emphasizing the goal to improve accessibility through cryptocurrency acceptance on their platform, set to begin on June 1, 2025. This initiative reflects Hyperscale Data’s vision to integrate cutting-edge technology with digital currency, reinforcing its mission to innovate within the social gaming sector. As the Company continues to explore emerging markets, further developments and insights will be communicated through its public filings and announcements.

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