Workflow
Hyperscale Data, Inc.(GPUS)
icon
Search documents
Hyperscale Data Takes Delivery of 1,000 Bitmain Antminer S21+ Units and Orders an Additional 1,000 Units
Prnewswire· 2025-10-16 10:00
Core Insights - Hyperscale Data, Inc. has received 1,000 Bitmain S21+ miners at its Michigan Data Center and placed a new order for an additional 1,000 units, enhancing its Bitcoin mining capabilities [1][3] Group 1: Company Developments - The Bitmain S21+ miners are noted for their energy efficiency and superior hashrate performance compared to the older S19J Pro miners, aligning with the company's strategy to optimize its digital infrastructure [2] - The newly delivered miners are expected to be operational within a week, with the additional units scheduled for delivery later in the month, which will increase the company's aggregate hashrate [3] Group 2: Strategic Outlook - The Executive Chairman of Hyperscale Data emphasized that the S21+ miners are crucial for improving productivity and mining efficiency, reflecting confidence in the technology and long-term value of Bitcoin mining [3] - The company is positioning itself as a significant player in the Bitcoin mining industry through these enhancements [3] Group 3: Business Structure - Hyperscale Data operates through its subsidiary Sentinum, Inc., which focuses on mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [5] - The company plans to divest Ault Capital Group, Inc. in the second quarter of 2026, which will allow it to focus on high-performance computing services and digital asset holdings [6]
Hyperscale Data Progresses Toward 100% Bitcoin Pairing as Digital Asset Treasury Climbs to $54 Million
Prnewswire· 2025-10-14 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $54 million, representing about 59% of its market capitalization as of October 13, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds approximately 130.7807 Bitcoin, valued at around $15.1 million based on the Bitcoin price of $115,170 on October 12, 2025 [2] - Sentinum's Bitcoin holdings consist of 29.0739 Bitcoin from mining operations and 101.7068 Bitcoin acquired from the open market, including 36.7950 Bitcoin purchased in the week ending October 12, 2025 [2] Investment Strategy - Hyperscale Data has allocated $38.9 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy to mitigate short-term market volatility [3][4] - The company targets investing at least 5% of allocated cash weekly, with actual amounts varying based on market conditions [4] Growth and Reporting - Both open-market purchases and self-mined Bitcoin contribute to the growth of the digital asset treasury position [5] - Hyperscale Data will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [5] Future Plans - The company expects to divest Ault Capital Group, Inc. in the second quarter of 2026, focusing on data center operations and digital asset holdings post-divestiture [7] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG [8]
Hyperscale Data Reduces Debt by $30 Million, Strengthening Capital Structure to Advance AI and Bitcoin Operations
Prnewswire· 2025-10-09 10:00
Core Viewpoint - Hyperscale Data, Inc. has successfully reduced its outstanding consolidated non-affiliated debt by approximately $30 million year-to-date, enhancing its capital structure and financial flexibility for expansion in AI and Bitcoin data center operations [1][2]. Financial Performance - The $30 million debt reduction was achieved through repayments and debt conversions, significantly lowering leverage and strengthening liquidity, which allows the company to pursue growth capital on favorable terms [2]. - This accomplishment aligns with the company's goal of building a financially resilient platform capable of funding large-scale infrastructure while delivering long-term value to stockholders [2]. Strategic Initiatives - The debt reduction supports the expansion of the Michigan campus, which is designed to accommodate enterprise-grade AI workloads and high-efficiency Bitcoin mining operations [3]. - The company plans to increase power capacity at the Michigan facility from approximately 30 megawatts (MW) to about 70 MW by the second quarter of 2027, with potential expansion to approximately 340 MW, subject to various agreements and funding [3]. Equipment Upgrades - Hyperscale Data has ordered 1,000 new Bitmain Antminer S21+ units for the Michigan facility as part of a multi-phase upgrade program, aiming to replace older miners with current-generation models that provide over double the hash rate per unit of power consumed [4]. - The company plans to install up to 5,000 S21+ miners across approximately 20 MW of capacity, significantly enhancing operational efficiency and Bitcoin output [4]. Digital Asset Strategy - The company continues to hold all Bitcoin earned from its mining operations as part of its digital asset treasury strategy and plans to supplement these holdings through regular open-market acquisitions, targeting a $100 million Bitcoin treasury [5]. 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 [7]. - The company is also pursuing growth through its other subsidiary, Ault Capital Group, Inc., which focuses on acquiring undervalued businesses and disruptive technologies [7].
Hyperscale Data Upgrading 1,000 New Bitmain Antminer S21+Units to Michigan Artificial Intelligence and Bitcoin Campus
Prnewswire· 2025-10-08 10:00
Core Viewpoint - Hyperscale Data, Inc. is upgrading its Bitcoin mining fleet by ordering 1,000 new Bitmain Antminer S21+ miners to enhance efficiency and productivity while maintaining its Bitcoin accumulation strategy [1][3]. Group 1: Upgrade of Mining Fleet - The company has completed an order for 1,000 new S21+ miners for its Michigan Data Center, with installation expected to begin as early as October 13, 2025 [1]. - This deployment is part of an optimization program to replace older, less-efficient miners, with installation occurring in approximately 4-megawatt phases to minimize disruption [2]. - The S21+ miners deliver up to approximately 235 terahashes per second, representing a 135% increase in processing speed compared to the older S19J Pro miners [3]. Group 2: Strategic Focus - The company aims to upgrade approximately 20 megawatts of Bitcoin miners, resulting in around 5,000 new S21+ miners operating at the Michigan Facility, which is expected to significantly enhance overall efficiency and output [3]. - Hyperscale Data intends to hold all Bitcoin earned from mining operations as part of its digital asset treasury strategy, aiming for a $100 million Bitcoin treasury [4]. Group 3: Business Operations - The company operates a data center that mines digital assets and offers colocation and hosting services, while also pursuing growth through acquisitions of undervalued businesses and disruptive technologies [6]. - A divestiture of its subsidiary Ault Capital Group, Inc. is expected to occur in the second quarter of 2026, after which the company will focus on high-performance computing services and digital asset holdings [7].
Hyperscale Data's Bitcoin Holdings Increase 312% as Company Advances Toward Full Bitcoin Pairing with Market Capitalization as Digital Asset Treasury Allocation Climbs to $41 Million
Prnewswire· 2025-10-07 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $41 million, representing 44% of its market capitalization as of October 6, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - Sentinum, a wholly owned subsidiary, held approximately 90.6144 Bitcoin as of October 5, 2025, valued at around $11.2 million based on the Bitcoin price of $123,513 [2] - The total value of Sentinum's Bitcoin holdings increased by 312% from approximately $2.7 million on September 28, 2025 [3] Investment Strategy - Hyperscale Data has allocated $29.8 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy [3] - The company emphasizes a long-term accumulation approach rather than short-term speculation to create lasting value for shareholders [4] Future Plans - Hyperscale Data plans to issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [4] - The company expects to divest Ault Capital Group in the second quarter of 2026, focusing on high-performance computing services and digital asset holdings post-divestiture [7]
Hyperscale Data Announces 39 Consecutive Months of Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
Prnewswire· 2025-10-03 10:00
Core Viewpoint - Hyperscale Data, Inc. has successfully paid 39 consecutive monthly cash dividends on its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, demonstrating its commitment to long-term dividend payments [1][2]. Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which manages a data center for digital asset mining and offers colocation and hosting services for AI ecosystems and other industries [3]. - The company also has another subsidiary, Ault Capital Group, Inc. (ACG), focused on acquiring undervalued businesses and disruptive technologies [3]. Divestiture Plans - The company anticipates the divestiture of ACG to occur in the second quarter of 2026, after which it will focus on operating data centers and holding digital assets [4]. - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI, gaming, defense, and medical sectors [4]. Preferred Stock Issuance - On December 23, 2024, the company issued 1,000,000 shares of Series F Exchangeable Preferred Stock to common stockholders and holders of Series C Preferred Stock, which will be exchanged for shares of ACG upon the divestiture [5].
Hyperscale Data Continues Toward 100% Bitcoin Pairing as Treasury Allocation Climbs to $24.2 Million
Prnewswire· 2025-09-30 10:00
Core Insights - Hyperscale Data's Bitcoin treasury now constitutes approximately 41.4% of its market capitalization, totaling around $24.2 million as of September 28, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds 24.2214 Bitcoin, valued at approximately $2.7 million based on a Bitcoin price of $112,123 as of September 28, 2025 [2] - Sentinum's Bitcoin holdings include 22.3828 Bitcoin from mining operations and 1.8386 Bitcoin acquired from the open market [2] Capital Deployment - Hyperscale Data has allocated $21.5 million in cash for Sentinum to purchase Bitcoin in the open market [3] - On September 29, 2025, Sentinum executed a significant transaction, purchasing $1.9 million of Bitcoin, which more than doubled the company's reported Bitcoin holdings to approximately $4.6 million [3] Strategic Approach - The company emphasizes a disciplined dollar-cost averaging strategy to mitigate short-term market volatility while building its long-term reserve position [3] - Executive Chairman Milton "Todd" Ault III expressed confidence in the company's approach to accumulating Bitcoin and noted progress despite regulatory and custodial challenges [4] Reporting and Transparency - Hyperscale Data will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [4]
Hyperscale Data Upgrading Bitcoin Mining Fleet as Michigan AI Campus Expands
Prnewswire· 2025-09-29 10:00
Core Insights - Hyperscale Data, Inc. is upgrading its Bitcoin mining operations and integrating them with its artificial intelligence infrastructure at its Michigan Facility as part of a long-term digital asset strategy [1][2][4] Company Strategy - The company is transitioning to Bitmain Antminer S21+ miners, which will enhance Bitcoin production yield by 135% compared to the older S19J Pro miners, producing approximately 2.35 Bitcoin for each Bitcoin produced by the S19J Pro [2][3] - This dual-focus strategy aims to leverage existing Bitcoin mining infrastructure while developing a world-class AI data center, optimizing asset utilization and efficiency [3][4] Facility Details - The Michigan Facility spans 617,000 square feet on approximately 34.5 acres, designed to host both AI compute clusters and advanced Bitcoin miners [3] - The integration of NVIDIA-powered AI clusters alongside Bitcoin mining operations positions the company favorably among U.S. data center operators [2][4] Financial Strategy - The company plans to retain all Bitcoin holdings as part of its Digital Asset Treasury Strategy, with ongoing updates on total Bitcoin holdings and cash reserved for dollar-cost averaging to acquire more Bitcoin [4][15] - The company believes pairing Bitcoin holdings with market capitalization is in the best interest of stockholders, intending to use newly mined Bitcoin to strengthen its corporate treasury [4][15] Future Developments - Hyperscale Data is expanding its AI service capabilities with advanced NVIDIA hardware, including the next-generation Blackwell architecture [5] - The company anticipates the divestiture of its subsidiary Ault Capital Group, Inc. in the first quarter of 2026, which will further streamline its focus on data center operations and digital asset holdings [8][9]
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
Core Insights - Hyperscale Data, Inc. has announced its Bitcoin treasury totals approximately $13.25 million, which constitutes 39.4% of the Company's public float as of September 22, 2025 [1] Financial Summary - The Bitcoin treasury includes current holdings and funds allocated to committed purchases of Bitcoin [1] - The total value of the Bitcoin treasury reflects a significant portion of the Company's market capitalization [1]