Hyperscale Data, Inc.(GPUS)

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Hyperscale Data Reports Approximately $1.8 Million in Bitcoin Mining Revenue for July 2025
Prnewswire· 2025-08-06 10:30
Company Overview - Hyperscale Data, Inc. is a diversified holding company that operates through its wholly owned subsidiary Sentinum, Inc., which focuses on Bitcoin mining and data center operations [4] - The company is also involved in colocation and hosting services for artificial intelligence ecosystems and other industries [4] Bitcoin Mining Operations - Sentinum received approximately 15.9 Bitcoin in July 2025, generating about $1.8 million in revenue for that month, and has mined approximately 119.6 Bitcoin year to date as of July 31, 2025 [1] - The company has installed around 6,800 Antminers in its data center, scaling its Bitcoin mining operations to nearly two exahash, indicating strong growth and a focus on operational efficiency [2] Financial Expectations and Divestiture - Hyperscale Data expects to complete the divestiture of Ault Capital Group, Inc. (ACG) around December 31, 2025, although completion is not guaranteed [5] - Following the divestiture, the company will focus on owning and operating data centers for high-performance computing services and holding digital assets [5] Shareholder Information - 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]
Hyperscale Data Announces Preliminary Cash and Restricted Cash Position of $27 Million and Total Assets of $214 Million as of June 30, 2025
Prnewswire· 2025-08-04 10:00
Preliminary Financial Highlights as of June 30, 2025: "Our second-quarter results reflect continued execution and strong financial discipline. We have reduced debt by over $20 million year-to-date and are actively building a stronger and more focused asset base," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "We are seeking to establish Hyperscale Data as a differentiated platform at the intersection of artificial intelligence ("AI") infrastructure and blockchain-based treasury innovat ...
Hyperscale Data Enters into an Agreement for a Financing of up to $100 Million
Prnewswire· 2025-08-01 10:30
Core Viewpoint - Hyperscale Data, Inc. has entered into a Securities Purchase Agreement for up to $100 million in financing from Ault & Company, Inc., which will involve the issuance of Series H Convertible Preferred Stock to support expansion and operational needs [1][3][4]. Financing Details - The financing will involve the issuance of up to $100 million in Series H Convertible Preferred Stock, which will be senior to all other classes of preferred stock except for Series C and Series G [1][2]. - Each Preferred Share has a stated value of $1,000 and can be converted into Common Stock at a conversion price that is the greater of $0.10 or a price based on the market conditions [2]. - The Preferred Shares will pay an annual dividend of 9.5%, which may be paid in shares of Class A Common Stock during the first two years [2]. Use of Proceeds - Proceeds from the financing will be allocated for the expansion of the MI data center, repayment of outstanding debts, and general working capital [3]. Market Perception - The willingness of Ault & Company to invest an additional $100 million indicates a belief that the market has undervalued Hyperscale Data, as the conversion price of the Preferred Shares is higher than the current market price [4]. Transaction Conditions - The Agreement allows for multiple closings through December 31, 2026, subject to customary closing conditions, regulatory, and stockholder approvals [5]. - The conversion of the Preferred Shares is subject to conditions that include receiving financing by Ault & Company [5]. Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and services for the AI ecosystem [9]. - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group [9].
Hyperscale Data Subsidiary askROI Surpasses 700,000 App Downloads on Apple App Store and Google Play
Prnewswire· 2025-07-31 10:00
LAS VEGAS, July 31, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data," or the "Company"), today announced that the app of its wholly owned indirect subsidiary askROI, Inc. ("askROI"), has surpassed 700,000 cumulative app downloads between the Apple App Store and Google Play. The Company also announced that it expects to launch a fully native mobile version of askROI in the coming weeks. This enhanced release will introduce a new suite of finan ...
Hyperscale Data Clarifies $XRP Acquisitions to Remain on Company Balance Sheet
Prnewswire· 2025-07-30 10:30
Core Viewpoint - Hyperscale Data, Inc. plans to acquire up to $10 million of $XRP, which will remain on its balance sheet and not be owned by Ault Capital Group, Inc. (ACG) [1][2] Group 1: Company Strategy - The acquisition of $XRP is seen as a key part of Hyperscale Data's overall treasury strategy as it transitions to a pureplay data center business [2] - The company expects to divest ACG around December 31, 2025, but there is no assurance that this will be completed within that timeframe [1][4] Group 2: Business Operations - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., where it mines digital assets and provides colocation and hosting services for AI ecosystems and other industries [3] - ACG is involved in acquiring undervalued businesses and disruptive technologies, and it will initiate its own $XRP accumulation strategy [1][3] Group 3: Shareholder Information - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, with only those who surrender their shares being entitled to receive ACG shares [5]
Hyperscale Data Subsidiary Alliance Cloud Services Enters Agreement with Local Utility Provider to Advance Natural Gas Infrastructure for Michigan Data Center
Prnewswire· 2025-07-29 10:45
Natural Gas Pipeline Infrastructure to Enable Approximately 40 MW of Incremental Power to Michigan Data Center LAS VEGAS, July 29, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that its indirect wholly owned subsidiary, Alliance Cloud Services, LLC ("ACS"), has entered into an engineering design agreement (the "Agreement") with SEMCO Energy Inc., d/b/a SEMCO Energy Gas Company ("SEMCO"), to initiate the d ...
Hyperscale Data Announces Weekly Reporting of $XRP Acquisitions Beginning August 12th
Prnewswire· 2025-07-28 10:45
Core Viewpoint - Hyperscale Data, Inc. has initiated its previously announced plan to purchase up to $10 million of $XRP, starting with weekly updates on its acquisition activities beginning August 12, 2025 [1][2]. Group 1: Acquisition Strategy - The company aims to enhance transparency regarding its digital asset investments and emphasizes a disciplined, long-term approach to accumulating $XRP [2]. - Weekly reports will summarize digital asset activities from the previous week and reflect cumulative holdings on the company's balance sheet [2]. Group 2: Long-term Vision - The Executive Chairman of Hyperscale Data expressed confidence in the long-term potential of $XRP as a foundational asset in the evolving global financial ecosystem [3]. - The company is considering a 36-month lockup period for its $XRP holdings, contingent on internal milestones and market conditions [3]. - The Board of Directors is evaluating the possibility of expanding the $10 million $XRP program based on favorable market conditions and available financing [3]. Group 3: Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [5]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [6].
Hyperscale Data Subsidiary AGREE's Minority Holding Fouquet's New York Completes Financing of $145 Million with Goldman Sachs Affiliated Funds
Prnewswire· 2025-07-25 10:45
Core Insights - Hyperscale Data, Inc. announced that its subsidiary Ault Global Real Estate Equities, Inc. completed a financing of $145 million with Goldman Sachs, allowing for the refinancing of Fouquet's New York's senior debt at an attractive leverage level, with potential for significant future cash flow upside [1] Group 1: Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which owns and operates a data center for mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [3] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group, Inc. [3] Group 2: Future Plans - Hyperscale Data plans to divest Ault Capital Group by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - The divestiture will involve a voluntary 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 BitNile.com Unveils Strategic Vision for $NILE Coin Ecosystem on Solana Blockchain
Prnewswire· 2025-07-23 10:45
Core Insights - BitNile.com aims to enhance the adoption and accessibility of its native utility token $NILE through a potential listing on a centralized digital asset exchange [1][3] - The current market capitalization of $NILE is approximately $103 million, with 99% of the tokens held by BitNile [2] - The company is heavily investing in the development of a new Web3 ecosystem where $NILE will serve as a foundational element [3][4] Company Strategy - BitNile plans to expand the availability of $NILE beyond decentralized exchanges in the second half of 2025 to increase user adoption [3] - The CEO of BitNile emphasized the importance of brand recognition and the goal to create a Web3 entertainment community centered around $NILE [4] - Key features of the new ecosystem include mobile gaming integration, validator node architecture, and real-time utility for blockchain applications [7] Financial and Operational Overview - Hyperscale Data, the parent company, operates a data center for mining digital assets and providing colocation services, while also pursuing growth through acquisitions [5] - The company plans to divest its subsidiary Ault Capital Group by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [6][8]
Hyperscale Data Targets Full Buildout of 340 MW Michigan AI Data Center Campus in 2029
Prnewswire· 2025-07-21 10:45
Core Viewpoint - Hyperscale Data, Inc. is strategically expanding its Michigan data center campus to support AI and high-performance computing, with a phased buildout plan to reach 340 MW of power capacity over the next 44 months [1][2][5]. Company Expansion Plans - The company currently operates approximately 30 MW at its Michigan facility and plans to increase this to 70 MW within the next 20 months [2][8]. - The full buildout to 340 MW is expected to be completed within 44 months after finalizing agreements with local utility providers [2][4]. Financial Strategy - Hyperscale Data has filed a shelf registration statement for up to $125 million to provide long-term financial flexibility, although it does not plan to raise capital immediately [3][4]. - The registration will allow the company to access capital markets as needed during the construction and development of the Michigan campus [3]. Industry Positioning - The expansion aligns with the growing demand for high-density compute infrastructure, with the company referencing similar projects, such as Applied Digital Corporation's contract with CoreWeave, projected to generate over $7 billion in revenue over 15 years [5]. - The company aims to transition to a pureplay AI data center platform while reducing debt and streamlining operations [6]. Current Operations and Future Outlook - The Michigan facility generates revenue through digital asset mining and colocation services, with plans to add 40 MW by the second quarter of 2027 and an additional 270 MW by the third quarter of 2029 [4][8]. - The company is also planning to divest its subsidiary, Ault Capital Group, Inc., by the end of 2025, focusing solely on data center operations [10].