Hyperscale Data (GPUS, Financial) will introduce the $PEPE meme coin as a recognized payment method on the Bitnile.com platform, anticipated to be effective around July 1. Bitnile.com, a social-casino platform centered on sweepstakes, is operated by a subsidiary fully owned by Hyperscale Data. Users can utilize $PEPE to acquire virtual in-game currency packages, known as Nile tokens, on the platform. These tokens facilitate access to various casino-style social games but are not convertible into cash or rewards.
Alongside the tokens, purchasers receive Nile sweeps coins, which provide entries into sweepstakes, adding an engaging layer to the gaming experience. However, these sweeps coins are not available for purchase separately. In a similar expansion of payment options, Bitnile.com plans to start accepting another meme coin, $TRUMPcoin, which is based on Solana, around June 15.
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 850,415.46% from the current price of $4.85. 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 $1.48, suggesting a downside of 69.48% from the current price of $4.85. 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.
