Core Viewpoint - Hyperscale Data, Inc. will accept the $TRUMP meme coin as a payment method on Bitnile.com starting June 15, 2025, enhancing the utility of the coin in social gaming [1][3]. Group 1: Payment Method and Promotions - The $TRUMP meme coin will be used to purchase the Nile Package, which includes virtual in-game currency (Nile tokens) for social casino games on Bitnile.com [2]. - A promotional offer will provide three times the number of Tokens and Coins for purchases made with $TRUMP during the first month of acceptance [3]. - For example, a $20 package will provide 150,000 Tokens and 63 Coins instead of the usual 50,000 Tokens and 21 Coins [3]. Group 2: Market Potential and User Engagement - The company believes there is a significant market for the $TRUMP holders, with over 750,000 wallets currently holding the coin, indicating potential engagement in social gaming [3]. - The promotion aims to enhance user experience by providing more opportunities to win cryptocurrency and prizes [4]. Group 3: Future Developments - BitNile.com is evaluating additional cryptocurrencies for future payment options, with announcements expected in the coming months [4].

Core Viewpoint - Hyperscale Data, Inc. reported strong financial performance for Q1 2025, with a revenue of $25 million and reaffirmed its annual revenue guidance of $115 to $125 million, driven by growth in AI data centers, equipment rental, and financial services [1][2][4] Financial Performance - The company recorded a one-time gain of $10 million from the deconsolidation of its former subsidiary, Avalanche International, Corp., which filed for bankruptcy [1] - Revenue expectations for the second half of 2025 are bolstered by enterprise adoption of AI software products from its subsidiary askROI, Inc. [2] Business Segments - The AI-driven Michigan data center is transitioning to support high-performance computing, contributing to revenue growth [2] - The equipment rental business, Circle 8 Crane Services, LLC, is experiencing strong demand due to energy-related infrastructure projects [3] - The financial services segment is seeing increased demand for structured credit and asset-backed financing, although it faces volatility from market price changes [4] Bitcoin Mining Activities - The company is optimistic about its Bitcoin mining operations, particularly with the resumption of activities at its Montana site, anticipating additional revenue from rising Bitcoin prices [5] Strategic Plans - Hyperscale Data plans to separate non-core operations by spinning off Ault Capital Group, Inc. (ACG), expected to be completed by December 31, 2025, allowing the company to focus on data center and AI infrastructure [6][9] - The separation will enable Hyperscale Data to operate solely as a data center owner and operator, while ACG will manage non-data center and Bitcoin mining assets [9] Management Commentary - The Executive Chairman expressed confidence in the company's growth potential within the AI data center space and the strategic separation plan [7]

Financing Activities - The company issued a convertible promissory note of $1.9 million on February 5, 2025, with a conversion price of $4.00 per share and an interest rate of 15% per annum [122]. - An amended and restated convertible promissory note of $3.5 million was issued on February 2025, convertible at $2.00 per share, accruing interest at 18% per annum [123]. - On March 14, 2025, the company issued a convertible promissory note of $4.2 million, with a conversion price based on the greater of $0.40 or 75% of the VWAP [124]. - The company entered into a securities purchase agreement on March 31, 2025, to sell up to 50,000 shares of Series B Convertible Preferred Stock for a total of $50.0 million [127]. - Each share of Series B Preferred Stock has a stated value of $1,000.00 and is convertible at a maximum price of $10.00 per share, with a cumulative cash dividend of 15% per annum [128]. - The company issued a total of 52,700 shares of Series D preferred stock for the settlement of equity line of credit advances totaling $0.6 million from April 1, 2025, through May 15, 2025 [172]. - A convertible promissory note with a principal face amount of $1.7 million was issued on April 1, 2025, with an original issue discount of 10% and an interest rate of 15% per annum [173]. - The company entered into securities purchase agreements on April 15, 2025, issuing convertible promissory notes with an aggregate principal face amount of $5.0 million for gross consideration of $4.0 million [175]. - The Notes issued on April 15, 2025, have an original issue discount of 20%, amounting to $1.0 million, and will mature on September 30, 2025 [176]. - Payments of preferred dividends amounted to $1.9 million, with additional gross proceeds of $0.9 million from sales of Series G preferred stock [178]. Financial Performance - Total revenue for the three months ended March 31, 2025, was $25.02 million, a decrease of 35% from $38.37 million in the same period of 2024 [144]. - Revenue from crypto assets mining decreased by $6.25 million, or 55%, to $5.20 million due to a decline in mined crypto assets and increased mining difficulty [144][145]. - Crane operations revenue increased by $0.85 million, or 7%, to $13.77 million, driven by improved utilization of the crane fleet [146]. - Revenues from lending and trading activities dropped to approximately $0, a decrease of $9.13 million, or 100%, compared to $9.10 million in the prior year [147]. - Gross margins declined to 21% for the three months ended March 31, 2025, down from 47% in the same period of 2024 [152]. - Selling and marketing expenses decreased by $1.7 million, or 42%, to $2.33 million, primarily due to lower advertising costs [154]. - General and administrative expenses decreased by $1.2 million, or 11%, to $9.20 million, attributed to lower professional fees and salaries [155]. - Other expense, net was $4.0 million for the three months ended March 31, 2025, compared to $10.5 million in the same period of 2024 [156]. Cash Flow - Cash and cash equivalents as of March 31, 2025, were $4.2 million, a slight decrease from $4.5 million as of December 31, 2024 [165]. - Net cash used in operating activities totaled $4.0 million for the three months ended March 31, 2025, compared to $10.2 million in the same period of 2024 [166]. - Net cash used in investing activities was $1.2 million for the three months ended March 31, 2025, a decrease from $1.7 million for the same period in 2024 [167]. - Net cash provided by financing activities was $4.7 million for the three months ended March 31, 2025, down from $13.0 million in the same period of 2024 [168]. Gains and Losses - The company recognized a gain of $2.0 million from the deconsolidation of GIGA, which filed for Chapter 11 bankruptcy on August 14, 2024 [133]. - A gain of $10.0 million was recognized from the deconsolidation of AVLP, which filed for liquidation under Chapter 7 on March 28, 2025 [137]. - The company recorded an impairment loss of $8.0 million related to the real estate assets of AGREE during the year ended December 31, 2024 [136]. - The company recognized a loss of $1.0 million related to the Orchid convertible promissory note and a loss of $1.3 million related to the SJC convertible promissory note issued in March 2025 [168]. Strategic Initiatives - The company aims to maximize stockholder value through various initiatives, including public offerings and sales of subsidiaries [138]. - The company has provided capital to support growth in sectors such as AI software, social gaming, and hotel operations [140]. Accounting and Reporting - There have been no material changes to critical accounting estimates previously disclosed in the 2024 Annual Report [179]. - The company reported no applicable market risk disclosures as it qualifies as a smaller reporting company [180].

Core Viewpoint - Hyperscale Data, Inc. is resuming Bitcoin mining operations at its Montana site due to a recent increase in Bitcoin prices, which the company believes is sustainable for generating positive cash flow from operations [3]. Group 1: Company Operations - Sentinum, a wholly owned subsidiary of Hyperscale Data, plans to restart Bitcoin mining operations on or around June 10, 2025, at one of its two Montana sites [1]. - The Montana site has a power capacity of up to 10 megawatts, sufficient to operate approximately 3,200 S19j Pro Antminers, with initial operations set to commence on about 2,600 Antminers [2]. - The company expects to ramp up operations to full capacity of approximately 3,200 Antminers by July 2025 [2]. Group 2: Strategic Direction - Hyperscale Data intends to divest its subsidiary Ault Capital Group, Inc. (ACG) by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [5]. - Until the divestiture, the company will provide mission-critical products across various industries, including AI, gaming, and medical sectors, through ACG and its subsidiaries [5]. Group 3: Financial Instruments - On December 23, 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG upon the divestiture [6].

Core Insights - Hyperscale Data, Inc. announced the launch of Nile Coin on the Solana Blockchain on May 3, 2025, through its subsidiary BitNile.com [1][4] - The current market capitalization of Nile Coin is approximately $164.5 million, with a total supply of 500 billion coins [2] - BitNile.com has sold around 76.6 million Nile Coin from the initial minting, with a liquidity pool containing approximately 23.4 million NILE and 47 SOL [2][3] Company Overview - Hyperscale Data operates a data center that mines digital assets and provides colocation and hosting services, particularly for AI ecosystems [6] - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [7] Product and Market Strategy - The Nile Coin will be integrated into BitNile.com's social gaming platform, allowing users to use it as a payment method starting around June 1, 2025 [4] - The Nile Coin has a vesting schedule where approximately 99.8% of the total supply is secured in a smart contract, releasing about 0.46 billion NILE daily over 36 months [3]

Company Overview - Hyperscale Data, Inc. reported preliminary financial results for Q1 2025, with revenue exceeding $25 million and guidance for full fiscal year 2025 projected between $115 million and $125 million [1][2] - The company recognized a one-time gain of approximately $9.7 million from the deconsolidation of Avalanche International, Corp. [2] - The transition of the Michigan data center into an AI-focused facility is a strategic move to enhance its position in the AI infrastructure market [2][3] Strategic Initiatives - The CEO highlighted the strong start to 2025, emphasizing growth across core businesses and the importance of transitioning to an AI data center and divesting non-core assets [3] - The company is preparing for a divestiture of Ault Capital Group, Inc. (ACG) by December 31, 2025, which will allow it to focus solely on data center operations and high-performance computing services [6][7] - ACG is involved in various sectors, including AI software, social gaming, defense, and private credit, until the divestiture is completed [6] Financial Highlights - The company’s revenue growth is attributed to its subsidiaries, including Ault Global Real Estate Equities, Circle 8 Crane Services, and TurnOnGreen [1] - The strategic transition and focus on high-growth sectors are aimed at capturing emerging opportunities and delivering sustained value to stockholders [3]

LAS VEGAS, April 24, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that its indirectly wholly owned subsidiary askROI, Inc. ("askROI"), has officially launched in both the Apple App Store and Google Play. askROI has seen strong traction since launching and has reached over 30,000 downloads with significant daily average user growth. askROI delivers advanced business intelligence capabilities through an intuitiv ...

Core Viewpoint - Hyperscale Data, Inc. is launching a new cryptocurrency, Nile Coin, through its subsidiary BitNile.com on the Solana blockchain, with the launch date set for May 1, 2025 [1][2]. Group 1: Company Overview - Hyperscale Data, Inc. operates a data center that mines digital assets and provides colocation and hosting services for various industries, including artificial intelligence [4]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations for high-performance computing services [5]. Group 2: Product Launch - BitNile.com aims to utilize Solana's infrastructure for the development of Nile Coin, emphasizing its transaction speed and scalability [2][3]. - The CEO of BitNile.com highlighted the launch as a significant step in enhancing user engagement and creating long-term value for stakeholders [3].

Dublin, April 16, 2025 (GLOBE NEWSWIRE) -- The "Direct-to-chip Liquid Cooling Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering.The Direct-to-chip Liquid Cooling Market was valued at USD 1.85 billion in 2024, and is projected to reach USD 11.89 billion by 2034, rising at a CAGR of 20.5% as enterprises increasingly prioritize high-performance computing, energy efficiency, and sustainable data center solutions. The ...

Stock Distribution and Corporate Actions - The company announced a distribution of 5.0 million shares of Class B Common Stock to holders of Class A common stock and Series C Convertible Preferred Stock, with a record date of November 29, 2024, and a payment date of December 16, 2024[460]. - A reverse stock split of Class A common stock was executed at a ratio of one-for-thirty-five, effective November 22, 2024[461]. - The company entered into a securities purchase agreement to sell up to 50,000 shares of Series B Convertible Preferred Stock for a total purchase price of up to $50.0 million[468]. - The Series G Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A common stock at a conversion price based on market conditions[466]. - The company issued a total of 135,957 shares of Series D preferred stock for the settlement of ELOC advances totaling $2.0 million from January 1, 2025 through April 14, 2025[519]. Financial Performance - Total revenue for the year ended December 31, 2024, was $106.66 million, a decrease of 21% from $134.85 million in 2023[480]. - Revenue from crypto assets mining decreased by $2.51 million, or 8%, to $30.6 million in 2024, primarily due to a $4.1 million decline in revenue from mined crypto assets[481][482]. - Crane operations revenue decreased by $1.72 million, or 4%, to $47.48 million in 2024, attributed to competitive pricing pressures and lower utilization of the crane fleet[483]. - Revenues from lending and trading activities improved to $1.89 million in 2024, compared to a loss of $2.0 million in 2023, driven by realized gains and fee income[484]. - Gross margins increased to 23% in 2024 from 18% in 2023, influenced by improved performance in lending and trading activities[490]. Expenses and Impairments - Research and development expenses rose by $6.6 million to $11.01 million in 2024, primarily for the development of new platforms[491]. - Selling and marketing expenses decreased by 56% to $14.02 million in 2024, mainly due to reduced advertising costs[492]. - General and administrative expenses decreased by 48% to $35.25 million in 2024, largely due to the deconsolidation of SMC and lower professional fees[493][494]. - Impairment charges for property and equipment totaled $10.5 million in 2024, primarily due to increased Bitcoin mining difficulty[499]. - The company recognized a $1.5 million impairment of intangible assets in 2024, compared to a $24.7 million impairment in 2023[495]. - AVLP recognized an impairment charge of $14.0 million for property and equipment, with an estimated fair value of $0 as of December 31, 2023[501]. - Impairment of mined digital currencies was $0.5 million for the year ended December 31, 2023[502]. - Other expense, net decreased to $4.7 million for the year ended December 31, 2024, down from $91.3 million in 2023[503]. - Interest expense decreased to $19.7 million for the year ended December 31, 2024, compared to $44.3 million for 2023[505]. Cash Flow and Equity - Cash and cash equivalents were $4.6 million as of December 31, 2024, down from $6.1 million at the end of 2023[513]. - Net cash used in operating activities increased to $19.4 million for the year ended December 31, 2024, compared to $5.4 million in 2023[514]. - Net cash provided by investing activities was $3.2 million for the year ended December 31, 2024, compared to a net cash used of $29.5 million in 2023[515]. - Net cash provided by financing activities was $25.8 million for the year ended December 31, 2024, down from $37.0 million in 2023[517]. - Cumulative downward adjustments for impairments of equity securities were $6.3 million for the year ended December 31, 2024, compared to $9.6 million in 2023[511]. - Stockholders' equity reported at approximately $2.2 million, below the required $6 million for NYSE American listing standards[530]. Compliance and Future Plans - Company has reported losses from continuing operations and/or net losses in five of the most recent fiscal years ended December 31, 2023[530]. - Compliance plan submitted to NYSE American by January 17, 2025, to regain compliance within 18 months[531]. - NYSE American accepted the compliance plan on March 4, 2025, granting a listing extension until June 18, 2026[531]. - Company will undergo periodic reviews, including quarterly monitoring for compliance with the plan[531].