Ault Alliance targets major expansion of AI and Bitcoin operations By Investing.com
From Investing.com:
Ault Alliance, Inc. plans to enhance its Sentinum, Inc. data centers by relocating mining operations to Montana and dedicating the Michigan facility to AI hyperscale development. The Michigan data center aims to increase capacity to 300MWs with eco-friendly power sources. A new Montana facility will also be operational by March 2024.
InvestingPro Insights highlight Ault Alliance, Inc.’s financial health and market position. The company has a small market capitalization of 1.12M USD and low Price / Book multiple of 0.01. However, rapid revenue growth of 75.93% presents challenges, including significant debt burden. The stock has been highly volatile, with a 6 Month Price Total Return of -98.95%.
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