Core Viewpoint - Hyperscale Data, Inc. plans to purchase up to $10 million in XRP to enhance its financial services division through its subsidiary Ault Capital Group, Inc. [1][2] Group 1: Acquisition of XRP - ACG intends to acquire XRP, which will be classified as a crypto asset on the Company's balance sheet at fair value [1] - The acquisition is part of a broader strategy to expand into financial services, including cryptocurrency-based products and tokenization of real-world assets [2][3] - The Company believes that acquiring XRP will enhance liquidity and provide infrastructure support for blockchain-enabled financial products [3] Group 2: Financial Services Expansion - ACG has been successful in the lending business for the past four years and is now looking to broaden its services [2] - The Company aims to leverage XRP for cross-border settlements, real-time payment systems, and decentralized financial applications [3] - This strategic move is seen as a significant step towards integrating modern digital asset solutions into ACG's financial services model [3] Group 3: Future Plans and Divestiture - Hyperscale Data plans to divest ACG by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [7] - Until the divestiture, the Company will continue to provide various mission-critical products across multiple industries through ACG [7] - The divestiture will involve an exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become ACG shareholders [8]

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].

LAS VEGAS, May 15, 2025 (GLOBE NEWSWIRE) -- 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 resume Bitcoin mining operations at one of its two Montana sites on or around June 10, 2025. Sentinum completed the build-out of the Montana site in 2024 and it currently provides up to 10 megawatts of power, which is sufficient to operate approximately 3,200 S19j Pro ...

LAS VEGAS, May 09, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirectly owned subsidiary BitNile.com, Inc. (“Bitnile.com”), officially launched the Nile Coin (NILE) (“Nile Coin”) on the Solana Blockchain on May 3, 2025. Bitnile.com, a U.S.-based social gaming platform, minted 500 billion Nile Coin and the current market capitalization as of May 8, 2025, is approximately $164.5 million, ba ...

Company Highlights Strategic Transition to Artificial Intelligence Data Centers and Reports Growth in Certain Business UnitsLAS VEGAS, May 05, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced preliminary financial results for the first quarter of 2025, which ended March 31, 2025, with revenue surpassing $25 million. The Company also issued guidance for the full fiscal year 2025, projecting revenue betwee ...

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 ...