Alianza Ault, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“sentinel” mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at the Sentinum data center in Michigan, and the remaining approximately 43 Bitcoin were mined using miners hosted by Core Scientific, Inc.
William B. Horne, CEO of Ault Alliance, stated: “The company recently announced that Sentinum has installed the first miners at one of its two mining locations in Montana. “We are excited about the progress we are making and look forward to reducing our energy costs as well as focusing on profitable mining operations following the recent Bitcoin halving.”
Ault Alliance notes that all estimates and other projections are subject to the volatility of the Bitcoin market price, fluctuation in the level of mining difficulty, the ability to develop and provide the necessary power to miners and other factors that may affect Bitcoin's results. production or mining operations. The Company does not make any predictions regarding the price of Bitcoin following the recent halving at any time in the future, but is prepared to adjust its mining operations as it sees fit.
For more information about Ault Alliance and its subsidiaries, Ault Alliance recommends that shareholders, investors and any other interested parties read Ault Alliance's public filings and press releases available in the Investor Relations section of www.Ault.com or in www.sec.gov.
