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Ault Alliance, Inc. (NYSE American: AULT), a diversified holding firm (“Ault Alliance,” or the “Firm”), introduced as we speak that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined roughly 151 Bitcoin in December 2023. Of this complete, roughly 77 Bitcoin have been mined at Sentinum’s information heart in Michigan, with the remaining roughly 74 Bitcoin from mining machines hosted with Core Scientific, Inc. (“Core”). The December 2023 mining run charge of roughly $6.5 million marks the very best single month-to-month run charge for Bitcoin miners within the Firm’s historical past. The December mining operations signify a present Bitcoin mining operations annual run charge of roughly $78 million value of Bitcoin. The mining run charge relies upon a present Bitcoin value of roughly $43,000.
William B. Horne, Chief Government Officer of Ault Alliance, acknowledged, “Reaching this milestone represents a major stride ahead for the Firm. We’re immensely glad with the progress and total efficiency of our mining operations, significantly these of Sentinum. We imagine that Sentinum is in a superb place to maintain its observe document of manufacturing spectacular month-to-month revenues. That is largely as a consequence of our ongoing efforts to streamline operations and the upcoming switch of a few of our mining rigs hosted by Core to our Montana website. It is very important acknowledge that we imagine that the present buying and selling value of our inventory doesn’t totally seize the intrinsic worth that Sentinum provides to our firm.”
Ault Alliance notes that each one estimates and different projections are topic to the volatility in Bitcoin market value, the fluctuation within the mining problem stage, the power to construct out and supply the required energy for miners, and different components which will affect the outcomes of Bitcoin mining manufacturing or operations.
For extra data on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, buyers, and another events learn Ault Alliance’s public filings and press releases out there beneath the Investor Relations part at www.Ault.com or at www.sec.gov.