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Hyperscale Data Kicks Off Significant Build-Out at Michigan Campus to Power NVIDIA Blackwell Artificial Intelligence Infrastructure
Prnewswire· 2025-09-26 10:00
Core Insights - Hyperscale Data, Inc. is converting part of its Michigan Data Center to enhance capacity for artificial intelligence solutions while maintaining its Bitcoin mining operations [1][3][4] Company Developments - The Michigan Facility spans 34.5 acres and utilizes approximately 28 megawatts, featuring a 617,000-square-foot data center that supports both Bitcoin mining and AI compute [2] - Current AI operations include 16 servers with NVIDIA GPUs, and preparations are underway to install the latest NVIDIA Blackwell servers [3] - The conversion reflects a broader industry trend of transforming single-purpose blockchain mining sites into multi-layered digital infrastructure hubs [4] Strategic Vision - The CEO of Hyperscale Data emphasized the company's goal to build a leading dual-use AI and blockchain compute facility in the U.S. [4] - The company aims to leverage its scale, location, and technical expertise to provide secure and scalable compute power for enterprises, AI workloads, and blockchain systems [4] Future Plans - Hyperscale Data expects to divest its subsidiary Ault Capital Group, Inc. in the first quarter of 2026, focusing on high-performance computing services and digital asset management post-divestiture [7] - The company will continue to provide mission-critical products across various industries, including AI, gaming, and medical sectors, until the divestiture occurs [7]
Hyperscale Data Continues Toward 100% Bitcoin Pairing as Treasury Allocation Climbs to $13.25 Million, Now 39.4% of Market Cap
Prnewswire· 2025-09-23 10:00
LAS VEGAS , Sept. 23, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, representing current holdings and funds allocated to committed purchases of Bitcoin, totals approximately $13.25 million, representing 39.4% of the Company's public float as of market close on September 22, 2025. ...
Alset AI Expands Revenue Agreement with Silver Birch
Accessnewswire· 2025-09-18 11:30
Core Insights - The company, Alset AI Ventures Inc., has amended its agreement with Silver Birch Growth Inc. to adjust the terms of royalty compensation related to certain customers, while other terms of the original agreement remain unchanged [1] Group 1 - The amended agreement broadens the use cases for Lyken's AI infrastructure platform, which is expected to accelerate revenue opportunities and simplify adoption for enterprise customers [1] - The original agreement was dated April 30, 2025, and the amendments specifically pertain to royalty compensation [1]
Hyperscale Data Marches Toward 100% Bitcoin Pairing as Treasury Climbs to $8 Million, Now 34% of Market Cap
Prnewswire· 2025-09-18 10:00
Core Viewpoint - Hyperscale Data, Inc. has significantly increased its Bitcoin holdings from 12% to 34% of its market capitalization in less than two weeks, with a total Bitcoin treasury of approximately $8 million, as part of its strategy to align its valuation with Bitcoin [1][3]. Group 1: Bitcoin Treasury Strategy - The company's Bitcoin treasury, including current holdings and committed purchases, totals around $8 million, representing 34% of its public float [1][2]. - Hyperscale Data aims to accumulate Bitcoin equal to 100% of its public market capitalization, with a clear goal of reaching a $100 million treasury target [3]. - The growth in Bitcoin holdings is driven by both open-market purchases and self-mined Bitcoin, with the company issuing weekly reports on its Bitcoin holdings [3]. Group 2: Subsidiary Operations - Hyperscale's subsidiary, Sentinum, currently holds $2 million in Bitcoin from its mining operations and has been allocated an additional $6 million for open-market purchases [2]. - The company has been mining Bitcoin since 2017 and considers it a cornerstone of its treasury strategy [4]. Group 3: Strategic Expansion - The company views Bitcoin as a strategic anchor for its balance sheet, particularly as it expands its artificial intelligence data center in Michigan [4]. - Hyperscale Data is focused on scaling its AI data center to a power capacity of approximately 340 megawatts, combining Bitcoin accumulation with AI infrastructure development for long-term growth [4]. Group 4: Future Plans - The company expects to divest Ault Capital Group, which will allow it to focus on data center operations and digital asset holdings [7]. - The divestiture is anticipated to occur in the first quarter of 2026, with plans for a voluntary exchange of Series F Preferred Stock for shares of ACG [8].
Alset AI Announces Voluntary Shareholder Lock-Ups Reflecting Confidence in Company's Long-Term Vision
Accessnewswire· 2025-09-17 06:00
VANCOUVER, BC / ACCESS Newswire / September 17, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:GPUSF)(WKN: A40M0J | SYM: 1R6)("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that certain shareholders (the "Locked-Up Shareholders")beneficially owning or controlling, directly or indirectly, an aggregate of 13,010,068 common shares in the capital of the Company (the "Shares"), re ...
Hyperscale Data Grows Bitcoin Treasury to $7 Million
Prnewswire· 2025-09-16 18:10
Core Insights - Hyperscale Data, Inc. has initiated a $100 million Bitcoin treasury strategy, with plans to acquire at least $5 million in Bitcoin by September 23, 2025 [1][2] - The company aims to use a disciplined dollar-cost averaging approach to build a long-term Bitcoin foundation, enhancing its balance sheet and aligning with the digital financial ecosystem [2] Company Overview - Hyperscale Data operates through its subsidiary Sentinum, which manages a data center for mining digital assets and providing colocation and hosting services for AI and other industries [4] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its other subsidiary, Ault Capital Group, Inc. [4] Future Plans - A divestiture of Ault Capital Group is expected in the first quarter of 2026, after which Hyperscale Data will focus on data center operations and digital asset holdings [5] - The company will continue to provide mission-critical products across various industries until the divestiture occurs [5]
Alset AI Announces Technology Veteran Kurtis Krack Appointed President of Lyken.AI to Drive Growth
Accessnewswire· 2025-09-16 11:30
Formerly at Denvr Dataworks Corp., OnX, and EMC/Dell, Krack Brings Deep Expertise in Platform Expansion, Revenue Generation, and Large-scale Infrastructure Solutions VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / September 16, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60)(WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions is pleased to announce the appointment of Ku ...
Hyperscale Data Reports Bitcoin Treasury Update as of Sunday, September 14; $100 Million Bitcoin Treasury Strategy Underway
Prnewswire· 2025-09-16 10:00
Accessibility StatementSkip Navigation Company to Issue Treasury and Mining Updates Every Tuesday LAS VEGAS, Sept. 16, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), plans to liquidate its current holdings of approximately $100,000 $XRP in favor of pursuing a Bitcoin only treasury strategy. This update marks the first step in the Company's $1 ...
Hyperscale Data Launches $100 Million Bitcoin Treasury Strategy as Part of Ongoing Transformation into Pure Play AI and Digital Asset Company
Prnewswire· 2025-09-15 10:00
Core Viewpoint - Hyperscale Data, Inc. is transitioning into a pure play AI data center and digital asset company, launching a $100 million Bitcoin treasury strategy while expanding its Michigan campus for AI and high-performance computing [1][2][5]. Group 1: Bitcoin Treasury Strategy - The company plans to hold Bitcoin as a primary treasury reserve asset, similar to MicroStrategy's approach, leveraging its experience in mining Bitcoin through its subsidiary Sentinum, Inc. [2] - Hyperscale Data will publish its crypto asset holdings weekly to ensure transparency and accountability in its treasury program [3]. Group 2: Michigan AI Data Center Expansion - The Michigan facility currently has a power capacity of approximately 30 megawatts (MW) and aims to expand to 70 MW over the next 20 months, with potential for further growth to around 340 MW, subject to agreements and funding [4]. - The facility is designed to support enterprise AI and cloud clients using GPU-based infrastructure, with NVIDIA technology being a key component of customer demand [4]. Group 3: Company Evolution and Strategy - The CEO emphasized that this is a pivotal moment for the company, focusing on building value through Bitcoin accumulation and the expansion of the Michigan campus, positioning Hyperscale Data as a growth story in AI and digital assets [5]. - The company is also preparing for the divestiture of its subsidiary Ault Capital Group, expected in the first quarter of 2026, which will allow it to concentrate on data center operations and digital asset holdings [7].
Hyperscale Data Subsidiary askROI Surpasses One Million App Downloads on Apple App Store and Google Play
Prnewswire· 2025-09-12 10:00
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov. About Hyperscale Data, Inc. Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting ...