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Hyperscale Data Announces Preliminary Q2 2025 Revenue of $25.8 Million, Up 45% Year-over-Year
Globenewswire· 2025-07-17 10:59
Core Insights - Hyperscale Data, Inc. reported preliminary revenue of $25.8 million for Q2 2025, marking a 45% increase from $17.8 million in the same period last year [1] - The company reaffirms its full-year revenue guidance for 2025, projecting between $125 million and $135 million [1][3] - The anticipated reconsolidation of Gresham Worldwide is expected to significantly enhance revenue, contributing approximately $10 million in Q4 2025 and an additional $40 million on a pro forma basis for the full year if consolidated from January 1, 2025 [3][4] Financial Performance - Preliminary revenue for the first half of 2025 totaled $50.8 million [1] - The company has reduced its debt by over $20 million year-to-date, improving liquidity [4] - The pro forma total revenue, assuming Gresham's consolidation, could reach between $155 million and $165 million [3] Strategic Developments - The growth in Q2 was driven by commercial lending and trading activities, demand for electronic power solutions, and improved performance of hotel assets [4] - The company is focusing on high-margin software expansion, including blockchain infrastructure and decentralized applications, expected to generate recurring revenue starting late 2025 [4] - Hyperscale Data is preparing to advance the development of a 617,000 square-foot AI data center in Michigan [4] Business Outlook - The company expects to divest Ault Capital Group, Inc. by December 31, 2025, transitioning to solely operating data centers [7] - The fintech sector is showing signs of recovery, with new AI-powered features under development for lending and trading applications [4] - The reconsolidation of Gresham Worldwide is anticipated to occur by October 1, 2025, enhancing the company's revenue profile [4]
Hyperscale Data Subsidiary askROI Surpasses 590,000 App Downloads on Apple App Store and Google Play
Globenewswire· 2025-07-15 10:59
Company Overview - Hyperscale Data, Inc. is a diversified holding company that operates through its subsidiaries, including askROI, Inc. and Sentinum, Inc. [3] - The company is involved in data center operations, digital asset mining, and providing colocation and hosting services for AI ecosystems [3]. Recent Developments - The askROI app has surpassed 590,000 cumulative downloads across the Apple App Store and Google Play, indicating strong demand for AI tools [1][2]. - The company plans to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, transitioning to focus solely on data center operations and high-performance computing services [4]. Financial Instruments - On December 23, 2024, the company issued 1,000,000 shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG during the divestiture [5].
Hyperscale Data Reduces Debt by Over $20 Million, Strengthens Balance Sheet Ahead of Planned Michigan AI Data Center Expansion
Globenewswire· 2025-07-14 10:59
Core Viewpoint - Hyperscale Data, Inc. has successfully reduced its outstanding debt by over $20 million, marking a significant step in its transition to a dedicated AI data center platform [1][2][3] Financial Position - The debt reduction enhances the company's financial stability as it prepares to develop a 617,000-square-foot data center in Michigan, aimed at becoming a major AI infrastructure hub [2][3] - The company believes its remaining debt is relatively insignificant in the context of its strategic growth plans, allowing for a more agile capital structure [3] Operational Developments - The company is focused on scaling operations and onboarding enterprise and hyperscale customers to maximize the potential of its infrastructure [3] - Hyperscale Data has reached an agreement to expand available power at its facility from approximately 30 MW to 300 MW, with completion expected in about 44 months [4] - An additional agreement with the local natural gas utility aims to supply an extra 40 MW of power, expected to be completed within 18 months [5] Market Validation - The company sees strong market validation for large-scale AI data centers, citing Applied Digital Corporation's recent 15-year hosting contract with CoreWeave, expected to generate over $7 billion in revenue from 250 MW of AI and HPC infrastructure [6] Strategic Focus - The company plans to complete its separation from Ault Capital Group, Inc. by the end of 2025, positioning itself as a focused AI infrastructure business [7][12] - The Michigan data center buildout remains the company's top priority, with expectations of unlocking significant long-term value as demand for AI and enterprise computing grows [8]
Hyperscale Data Announces 36 Consecutive Months of Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire· 2025-07-11 18:00
Core Points - Hyperscale Data, Inc. has successfully paid 36 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, amounting to $0.2708333 per share per month [1][2] - The Company is committed to the long-term nature of the monthly dividend, emphasizing its track record with the Series D Preferred Stock [2] - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on digital asset mining and colocation services for AI ecosystems and other industries [3] Business Operations - The Company plans to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI software, social gaming, and private credit through ACG [4] - The divestiture will involve the exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [5]
Hyperscale Data Subsidiary Ault Markets Plans to Launch StableShare in Early 2026 – A Platform for Tokenized Securities, Real Assets and Global Markets
Globenewswire· 2025-07-11 10:59
Core Viewpoint - Hyperscale Data, Inc. is set to launch StableShare, a platform for tokenizing various asset classes, in Q1 2026, as part of a broader strategy to create a blockchain-based financial ecosystem [1][2][3] Group 1: Product Launch and Features - StableShare will enable the tokenization and management of public equities, private securities, real estate, and infrastructure projects, with all assets recorded on the Ault Blockchain for rapid settlement and transparency [3][4] - Ault Markets is also planning to introduce a decentralized exchange (DEX) to complement StableShare, both powered by the Ault Blockchain, which aims to provide institutional-grade speed and compliance [2][3] Group 2: Strategic Vision - The founder of Hyperscale Data envisions StableShare as the beginning of a fully digitized financial infrastructure, merging traditional finance with future technologies [3][4] - Ault Blockchain is described as the foundational layer where equity meets liquidity and compliance meets code, supporting the overall ecosystem of StableShare and the DEX [4] Group 3: Company Structure and Future Plans - Hyperscale Data operates through subsidiaries, including Sentinum, which focuses on data center operations and digital asset mining, and Ault Capital Group, which pursues growth through acquisitions [5][6] - The company plans to divest Ault Capital Group by December 31, 2025, transitioning to focus solely on data center operations and high-performance computing services [6][7]
Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025
Globenewswire· 2025-07-08 10:30
Group 1 - Hyperscale Data, Inc. announced that its subsidiary Sentinum, Inc. received approximately 13.7 Bitcoin in June 2025 and approximately 103.7 Bitcoin year-to-date through June 30, 2025 from its mining pool [1][2] - Sentinum entered into a hosting services agreement in Montana, providing access to approximately 20 megawatts of energy capacity for its Bitcoin mining operations, with 6,800 Antminers delivered and operational [2][3] - The company reported approximately $11.2 million in year-to-date Bitcoin mining revenue, with expectations for significant revenue growth in the third and fourth quarters of 2025 [3] Group 2 - The activation of two additional Bitcoin mining sites has increased the total operational Antminers to approximately 18,200 [3] - Sentinum has reenergized approximately 10 MWs of power at its Montana facility, with plans to increase operational Antminers from 2,600 to approximately 3,200 by the end of July 2025 [2][3] - The company is focused on maximizing efficiency and delivering long-term value to stockholders [3] Group 3 - Hyperscale Data is planning to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, transitioning to solely operate data centers for high-performance computing services [6] - The company will continue to support various industries, including AI ecosystems, through its data center operations [5][6]
Hyperscale Data Subsidiary Ault Markets Plans to Launch Solana Validator and Expand Blockchain Infrastructure Capabilities
Globenewswire· 2025-07-07 10:30
Core Viewpoint - Hyperscale Data, Inc. is advancing its strategy in decentralized technologies by launching a validator node on the Solana blockchain through its subsidiary Ault Markets, aiming to enhance its blockchain infrastructure services and support the Solana ecosystem [1][2]. Group 1: Company Strategy - Ault Markets' entry into Solana validation is a significant milestone in Hyperscale Data's vision to integrate real-time blockchain operations across its portfolio, which includes AI, digital assets, and financial technology platforms [2]. - The launch of the Solana validator is part of a broader mission to build next-generation blockchain infrastructure and asset management, allowing direct support for the Solana ecosystem and expanding involvement in decentralized finance [2]. - Ault Markets plans to extend its validation services to additional blockchain protocols over time, focusing on creating a compliant, scalable, and diversified platform for various blockchain ecosystems [2]. Group 2: Validator Node Details - The validator node is expected to play a crucial role in Ault Markets' multi-chain infrastructure strategy, which aims to support a wide array of blockchain ecosystems [2]. - The validator will enable participation in transaction validation and block production, with a delegation and reward model that supports delegated staking and offers rewards through a fair distribution structure [6]. - Ault Markets is preparing an application for the Solana Foundation Delegation Program to become a key infrastructure partner within the Solana ecosystem [6]. Group 3: Company Operations and Divestiture - Hyperscale Data operates a data center through its subsidiary Sentinum, which mines digital assets and provides colocation and hosting services for AI ecosystems and other industries [4]. - The company plans to divest Ault Capital Group, Inc. by December 31, 2025, after which it will focus solely on data center operations to support high-performance computing services [5]. - Until the divestiture, the company will continue to provide mission-critical products across various industries, including AI software, social gaming, and private credit [5].
Hyperscale Data Subsidiary Sentinum is Resuming Bitcoin Mining at Montana Facility
Globenewswire· 2025-07-02 10:30
Core Viewpoint - Hyperscale Data, Inc. has resumed Bitcoin mining operations at its Montana facility, aiming to enhance profitability and utilize underutilized power resources [1][2][3] Group 1: Company Operations - Sentinum, a wholly owned subsidiary of Hyperscale Data, has reenergized approximately 10 megawatts of power and is currently operating around 50 S19j Pro Antminers, with plans to increase this number to approximately 2,600 within a week and reach full capacity of about 3,200 Antminers by the end of July 2025 [1][2] - The resumption of operations is part of a strategic plan to improve profitability and capitalize on the recent appreciation in Bitcoin prices [2][3] Group 2: Market Context - The appreciation of Bitcoin has slightly outpaced the increase in mining difficulty, which is expected to benefit Sentinum's operational flexibility and top-line revenues [3] - The company is positioned to leverage the current market conditions to enhance its revenue streams through its Bitcoin mining operations [3] Group 3: Future Plans - Hyperscale Data plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services [5] - The divestiture will allow the company to concentrate on its core business while potentially continuing operations in the digital asset space [5]
Hyperscale Data Subsidiary Ault Markets to Launch U.S.-Based Global Decentralized Cryptocurrency Exchange
Globenewswire· 2025-07-01 10:30
Core Viewpoint - Hyperscale Data, Inc. is launching a Decentralized Cryptocurrency Exchange (DEX) in Las Vegas, Nevada, aiming to position the U.S. as a leader in cryptocurrency innovation and global finance [1][3]. Group 1: DEX Launch and Features - Ault Markets, a subsidiary of Hyperscale Data, plans to enable peer-to-peer digital asset trading without centralized intermediaries, promoting true ownership, privacy, and global accessibility [2]. - The DEX is expected to support trading in up to 175 countries, marking a significant step in the evolution of global finance [2]. - Key features of the DEX include non-custodial peer-to-peer trading, support for all major tokens and blockchain networks, global compliance screening, high-speed low-cost transactions, decentralized identity integration, and 24/7 trading [10]. Group 2: Strategic Vision and Goals - The initiative is a direct response to the current administration's call for U.S. leadership in cryptocurrency innovation, with the goal of establishing a blockchain-native, pro-innovation DEX [3]. - The founder of Hyperscale Data emphasized the importance of setting a global standard for cryptocurrency access, transparency, and innovation, while empowering users worldwide [5]. - The DEX is expected to launch in early 2026, following a global node deployment and final smart contract audit [6]. Group 3: Company Overview and Future Plans - Hyperscale Data operates a data center that mines digital assets and offers colocation and hosting services, with plans to divest its subsidiary ACG by December 31, 2025 [8][9]. - Post-divestiture, the company will focus on data center operations to support high-performance computing services while potentially continuing its involvement in the digital asset space [9].
Hyperscale Data Subsidiary askROI Surpasses 300,000 App Downloads on Apple App Store and Google Play
Globenewswire· 2025-06-30 10:30
Core Insights - Hyperscale Data, Inc. has announced that its subsidiary askROI, Inc. has surpassed 300,000 cumulative app downloads across the Apple App Store and Google Play [1][2][3] Group 1: Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which manages a data center for mining digital assets and providing colocation and hosting services for AI ecosystems [4] - The company also has another subsidiary, ACG, which focuses on acquiring undervalued businesses and disruptive technologies [4] Group 2: askROI App Performance - The askROI app offers advanced AI tools for personal and business use and has achieved significant organic growth despite minimal marketing efforts [2][3] - The app's downloads have increased from 160,000 to over 300,000, indicating strong user engagement and platform improvement [3] Group 3: Future Plans and Divestiture - Hyperscale Data plans to divest ACG by December 31, 2025, transitioning to focus solely on data center operations and high-performance computing (HPC) services [5] - The divestiture will involve an exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become ACG shareholders [6]