Hyperscale Data (GPUS, Financial) has revealed that starting around June 15, the $TRUMPmeme coin will be accepted as a form of payment on Bitnile.com. This platform, which is focused on sweepstakes-based social-casino games, is fully owned by a subsidiary of Hyperscale Data.
Users of the platform can utilize the Solana-based $TRUMP to buy packages of the site's virtual currency, known as Nile tokens. These tokens are essential for participating in various casino-like games, such as slots, poker, and blackjack available on Bitnile.com. However, it's important to note that these tokens are not exchangeable for cash or any direct prizes.
Furthermore, when purchasing the Nile Package, players also receive Nile sweeps coins. Though these coins are not available for purchase, they offer entries into sweepstakes that could potentially reward winners with prizes or cryptocurrency.
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 589,185.71% from the current price of $7.00. 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 73% from the current price of $7. 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.
