Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.
William B. Horne, Chief Executive Officer of Ault Alliance, stated, “The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving.”
Ault Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.
For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.