Hyperscale Data's (GPUS, Financial) subsidiary, BitNile.com, has announced plans to launch its proprietary digital currency, Nile Coin, on the Solana blockchain. This U.S.-based social gaming platform aims to utilize Solana's high-performance infrastructure to support the new cryptocurrency.
The official release of Nile Coin is slated for May 1, 2025. As BitNile.com prepares for this launch, it promises to share further details in the upcoming weeks about the coin's potential applications and uses.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Hyperscale Data Inc (GPUS, Financial) is $41,250.00 with a high estimate of $41,250.00 and a low estimate of $41,250.00. The average target implies an upside of 2,041,979.21% from the current price of $2.02. More detailed estimate data can be found on the Hyperscale Data Inc (GPUS) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Hyperscale Data Inc's (GPUS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hyperscale Data Inc (GPUS, Financial) in one year is $1.89, suggesting a downside of 6.44% from the current price of $2.02. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hyperscale Data Inc (GPUS) Summary page.
