Ault Global Holdings Accepts Invitation to Attend the Annual World Digital Mining Summit Hosted by Bitmain
October 18 2021 - 5:30AM
Business Wire
Ault Global Holdings, Inc. (NYSE American: DPW) a diversified
holding company (the “Company”), announced today the Company
and its subsidiary, BitNile, Inc., accepted the invitation from
Bitmain, the world’s leading producer of cryptocurrency mining
hardware, to attend the World Digital Mining Summit
(“WDMS”), hosted by Bitmain. Mr. Milton “Todd” Ault, III,
the Company’s Executive Chairman, will lead the Company’s
representation at the annual international two-day conference,
which is being held from November 9 to November 10, 2021, at
Atlantis The Palm, Dubai. Having recently completed the first phase
of its buildout of its Data Center in Michigan and being a
long-term investor in Bitcoin, the Company expects its
participation at the conference will provide new opportunities for
BitNile to explore strategic partnerships and affordable power
solutions.
As an annual dedicated digital currency mining summit, WDMS’s
mission is to bring together the top mining and energy companies
from all around the world. This year’s conference, WDMS 2021, aims
to build an international platform by integrating strategic
industry sectors including data center development, renewable
energy providers, top executives, and the innovators of the latest
mining technologies into partnerships.
Milton “Todd” Ault, III, the Company’s Executive Chairman, said,
“We are honored to accept the invitation from Bitmain to attend
this year’s WDMS. We are very excited and look forward to
participating in this world-class conference hosted by the industry
leader, Bitmain. WDMS is a unique forum to learn from the leading
experts and entrepreneurs in the digital mining space. We
anticipate establishing new relationships and strengthening current
partnerships that can contribute to what we believe is a bright
future for BitNile, our cryptocurrency mining company.” Ault added,
“One of the goals of the Company is to become one of the ten
largest publicly traded companies in cryptocurrency mining.
Extending a relationship with Bitmain is an important step towards
reaching this goal.”
For more information on Ault Global Holdings and its
subsidiaries, the Company recommends that stockholders, investors
and any other interested parties read the Company’s public filings
with the SEC and press releases available under the Investor
Relations section at www.AultGlobal.com or available at
www.sec.gov.
About Ault Global Holdings, Inc.
Ault Global Holdings, Inc. is a diversified holding company
pursuing growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, the Company
provides mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial, automotive,
telecommunications, medical/biopharma, and textiles. In addition,
the Company extends credit to select entrepreneurial businesses
through a licensed lending subsidiary. Ault Global Holdings’
headquarters are located at 11411 Southern Highlands Parkway, Suite
240, Las Vegas, NV 89141; www.AultGlobal.com.
Forward-Looking Statements
This press release contains “forward looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.gov and on the Company’s
website at www.AultGlobal.com.
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