Asset Manager

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BitNile

BitNile is a company based in Las Vegas, Nevada, founded in 1969. It provides crypto technology and financial services to various industries, including oil...

BitNile

BitNile is a company based in Las Vegas, Nevada, founded in 1969. It provides crypto technology and financial services to various industries, including oil exploration, defense, and biopharma. BitNile was acquired by Ecoark in February 2023.

General information

Firm type

Asset Manager

Year founded

2016

Location

Region

North America

Country

United States

City

Las Vegas

Corporate office

Las Vegas, NV, United States

Additional offices

Singapore · Melbourne

Principals

Milton C. Ault III

Executive Chairman

William B. Horne

Chief Executive Officer

Sector focus

Enterprise SoftwareFinTechReal EstateDigital HealthIndustrial Tech

Frequently asked questions

Who controls investment decisions at BitNile?

Executive Chairman Milton C. Ault III and CEO William B. Horne lead the firm's investment decisions. Ault founded BitNile in 2016 and has overseen its expansion into multiple asset classes. The firm's leadership structure is disclosed in public SEC filings.

How does BitNile source proprietary deal flow?

BitNile sources deals through its network of executive relationships and its operating company affiliates. The firm's dual structure as a holding company provides access to proprietary opportunities in technology and real estate. It also leverages its Singapore and Melbourne offices for cross-border investment sourcing.

Is BitNile a family office or a holding company?

BitNile functions as a diversified holding company rather than a traditional family office. It makes direct investments in public and private securities. The firm is publicly traded, distinguishing it from most family offices.

In which asset classes does BitNile invest?

BitNile invests across enterprise software, fintech, digital health, industrial technology, and real estate. It takes positions in both public equities and private securities. Real estate holdings form a significant component of its portfolio.

Does BitNile engage in direct deals or fund commitments?

BitNile primarily engages in direct investments, including minority and control positions. It also operates through subsidiaries and affiliated entities. Fund commitments are not a disclosed part of its strategy.

Where is BitNile headquartered?

BitNile's main headquarters are in Las Vegas, Nevada. The firm also maintains offices in Singapore and Melbourne, Australia. This international footprint supports its cross-border investment activities.

What is BitNile's known posture on co-investments?

BitNile's public filings do not detail a co-investment structure. The firm appears to invest independently through its holding company model. It may collaborate with partners in certain real estate ventures, but specific co-investment relationships are not disclosed.

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