Hyperscale Data, Inc.(GPUS)
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Alset AI Expands Revenue Agreement with Silver Birch
Accessnewswire· 2025-09-18 11:30
Core Insights - The company, Alset AI Ventures Inc., has amended its agreement with Silver Birch Growth Inc. to adjust the terms of royalty compensation related to certain customers, while other terms of the original agreement remain unchanged [1] Group 1 - The amended agreement broadens the use cases for Lyken's AI infrastructure platform, which is expected to accelerate revenue opportunities and simplify adoption for enterprise customers [1] - The original agreement was dated April 30, 2025, and the amendments specifically pertain to royalty compensation [1]
Hyperscale Data Marches Toward 100% Bitcoin Pairing as Treasury Climbs to $8 Million, Now 34% of Market Cap
Prnewswire· 2025-09-18 10:00
Core Viewpoint - Hyperscale Data, Inc. has significantly increased its Bitcoin holdings from 12% to 34% of its market capitalization in less than two weeks, with a total Bitcoin treasury of approximately $8 million, as part of its strategy to align its valuation with Bitcoin [1][3]. Group 1: Bitcoin Treasury Strategy - The company's Bitcoin treasury, including current holdings and committed purchases, totals around $8 million, representing 34% of its public float [1][2]. - Hyperscale Data aims to accumulate Bitcoin equal to 100% of its public market capitalization, with a clear goal of reaching a $100 million treasury target [3]. - The growth in Bitcoin holdings is driven by both open-market purchases and self-mined Bitcoin, with the company issuing weekly reports on its Bitcoin holdings [3]. Group 2: Subsidiary Operations - Hyperscale's subsidiary, Sentinum, currently holds $2 million in Bitcoin from its mining operations and has been allocated an additional $6 million for open-market purchases [2]. - The company has been mining Bitcoin since 2017 and considers it a cornerstone of its treasury strategy [4]. Group 3: Strategic Expansion - The company views Bitcoin as a strategic anchor for its balance sheet, particularly as it expands its artificial intelligence data center in Michigan [4]. - Hyperscale Data is focused on scaling its AI data center to a power capacity of approximately 340 megawatts, combining Bitcoin accumulation with AI infrastructure development for long-term growth [4]. Group 4: Future Plans - The company expects to divest Ault Capital Group, which will allow it to focus on data center operations and digital asset holdings [7]. - The divestiture is anticipated to occur in the first quarter of 2026, with plans for a voluntary exchange of Series F Preferred Stock for shares of ACG [8].
Alset AI Announces Voluntary Shareholder Lock-Ups Reflecting Confidence in Company's Long-Term Vision
Accessnewswire· 2025-09-17 06:00
Core Viewpoint - Alset AI Ventures Inc. has announced a voluntary four-month lock-up period for certain shareholders, which may indicate confidence in the company's future performance and stability [1] Group 1: Shareholder Information - Certain shareholders, referred to as "Locked-Up Shareholders," own or control an aggregate of 13,010,068 common shares, representing approximately 8.39% of the company's issued and outstanding shares [1] - Among the Locked-Up Shareholders, two insiders hold a total of 2,638,750 shares, which is about 1.70% of the company's issued and outstanding shares [1]
Hyperscale Data Grows Bitcoin Treasury to $7 Million
Prnewswire· 2025-09-16 18:10
Core Insights - Hyperscale Data, Inc. has initiated a $100 million Bitcoin treasury strategy, with plans to acquire at least $5 million in Bitcoin by September 23, 2025 [1][2] - The company aims to use a disciplined dollar-cost averaging approach to build a long-term Bitcoin foundation, enhancing its balance sheet and aligning with the digital financial ecosystem [2] Company Overview - Hyperscale Data operates through its subsidiary Sentinum, which manages a data center for mining digital assets and providing colocation and hosting services for AI and other industries [4] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its other subsidiary, Ault Capital Group, Inc. [4] Future Plans - A divestiture of Ault Capital Group is expected in the first quarter of 2026, after which Hyperscale Data will focus on data center operations and digital asset holdings [5] - The company will continue to provide mission-critical products across various industries until the divestiture occurs [5]
Alset AI Announces Technology Veteran Kurtis Krack Appointed President of Lyken.AI to Drive Growth
Accessnewswire· 2025-09-16 11:30
Core Insights - Alset AI Ventures Inc. has appointed Kurtis Krack as President of its cloud compute business, Lyken.AI, effective September 15, 2025 [1] - Krack brings over 20 years of experience in the technology sector, with a focus on platform expansion, revenue generation, and large-scale infrastructure solutions [1] Company Overview - Alset AI is an artificial intelligence venture company that focuses on innovation through strategic investment and cloud computing solutions [1] - The company aims to advance its platform-as-a-service (PaaS) expansion and commercial growth strategy under Krack's leadership [1] Leadership Background - Kurtis Krack has previously held positions at Denvr Dataworks Corp., OnX, and EMC/Dell, indicating a strong background in technology and infrastructure [1] - His expertise is expected to contribute significantly to Lyken's infrastructure scaling and overall business strategy [1]
Hyperscale Data Reports Bitcoin Treasury Update as of Sunday, September 14; $100 Million Bitcoin Treasury Strategy Underway
Prnewswire· 2025-09-16 10:00
Core Viewpoint - Hyperscale Data, Inc. is shifting its digital asset treasury strategy to focus exclusively on Bitcoin, liquidating its current holdings of approximately $100,000 in XRP to pursue a $100 million Bitcoin treasury strategy [1][2][3]. Group 1: Treasury Strategy - The company plans to place $100 million of Bitcoin directly on its balance sheet, believing Bitcoin to be the most durable and scalable digital asset for stability and long-term value creation [3][5]. - Hyperscale Data will begin making open market purchases of Bitcoin and will provide updates on its holdings every Tuesday [3][5]. Group 2: Historical Context and Rationale - The decision to focus on Bitcoin follows a review of its previous XRP strategy, with management emphasizing Bitcoin's importance in conjunction with its AI data center strategy [2][5]. - Hyperscale Data has been involved in Bitcoin mining since December 2017, which informs its current treasury approach [2][5]. Group 3: Current Holdings and Market Value - As of September 14, 2025, Sentinum's holdings of approximately 15.0022 Bitcoin had a market value of about $1,731,000, derived from mining operations rather than open market purchases [4].
Hyperscale Data Launches $100 Million Bitcoin Treasury Strategy as Part of Ongoing Transformation into Pure Play AI and Digital Asset Company
Prnewswire· 2025-09-15 10:00
Core Viewpoint - Hyperscale Data, Inc. is transitioning into a pure play AI data center and digital asset company, launching a $100 million Bitcoin treasury strategy while expanding its Michigan campus for AI and high-performance computing [1][2][5]. Group 1: Bitcoin Treasury Strategy - The company plans to hold Bitcoin as a primary treasury reserve asset, similar to MicroStrategy's approach, leveraging its experience in mining Bitcoin through its subsidiary Sentinum, Inc. [2] - Hyperscale Data will publish its crypto asset holdings weekly to ensure transparency and accountability in its treasury program [3]. Group 2: Michigan AI Data Center Expansion - The Michigan facility currently has a power capacity of approximately 30 megawatts (MW) and aims to expand to 70 MW over the next 20 months, with potential for further growth to around 340 MW, subject to agreements and funding [4]. - The facility is designed to support enterprise AI and cloud clients using GPU-based infrastructure, with NVIDIA technology being a key component of customer demand [4]. Group 3: Company Evolution and Strategy - The CEO emphasized that this is a pivotal moment for the company, focusing on building value through Bitcoin accumulation and the expansion of the Michigan campus, positioning Hyperscale Data as a growth story in AI and digital assets [5]. - The company is also preparing for the divestiture of its subsidiary Ault Capital Group, expected in the first quarter of 2026, which will allow it to concentrate on data center operations and digital asset holdings [7].
Hyperscale Data Subsidiary askROI Surpasses One Million App Downloads on Apple App Store and Google Play
Prnewswire· 2025-09-12 10:00
Core Insights - Hyperscale Data, Inc. announced that its subsidiary askROI has surpassed one million cumulative app downloads across the Apple App Store and Google Play, indicating strong demand for AI-driven solutions [1][3]. Company Overview - Hyperscale Data operates through its subsidiary askROI, which provides AI-driven tools for financial analysis, business productivity, and real-time data insights [2]. - The company also owns Sentinum, Inc., which operates a data center for mining digital assets and offering colocation and hosting services [4]. - Ault Capital Group, Inc. (ACG), another subsidiary, focuses on acquiring undervalued businesses and disruptive technologies [4]. Future Plans - The company expects to divest ACG in the first quarter of 2026, transitioning to a focus on data center operations and high-performance computing services [5]. - The divestiture will involve an exchange of Series F Preferred Stock for shares of ACG, allowing shareholders to become part of ACG upon completion [6].
Hyperscale Data Announces Intent to Sell Land Leases and Power Contracts of its Montana Data Properties to Focus on Michigan Flagship Campus
Prnewswire· 2025-09-11 10:00
Core Viewpoint - Hyperscale Data, Inc. plans to divest its Montana data center properties to focus on enhancing its Michigan facility, which is set to become a significant hub for artificial intelligence (AI) and high-performance computing (HPC) infrastructure [1][2][4]. Company Strategy - The divestiture of the Montana assets is aimed at consolidating resources and maximizing stockholder value, allowing the company to strengthen its competitive positioning in the AI and HPC sectors [4][5]. - The Michigan facility currently has a power capacity of approximately 30 megawatts (MW) and is expected to expand to 70 MW within the next 20 months, with a long-term goal of reaching around 340 MW, subject to various agreements and funding [3][5]. Financial Implications - Proceeds from the sale of the Montana properties are anticipated to bolster the company's balance sheet and expedite the development of the Michigan campus [5]. - The Michigan facility is viewed as a long-term asset with the potential for significant value appreciation, prompting the company to concentrate its efforts there [5]. Operational Focus - The Michigan data center is positioned to support enterprise clients with purpose-built AI and HPC infrastructure, reflecting a strategic shift towards high-growth areas in technology [4][7]. - Hyperscale Data, through its subsidiary Sentinum, is actively engaged in crypto asset mining and offers colocation and hosting services, further diversifying its operational capabilities [7].
Hyperscale Data's Alliance Cloud Services Expands Collaboration with Silicon Valley Cloud Provider Following First NVIDIA GPU Deployment at Michigan Facility
Prnewswire· 2025-09-10 10:30
Core Insights - Hyperscale Data, Inc. announced a strengthened collaboration with a leading Silicon Valley cloud services provider through its subsidiary Alliance Cloud Services, following the successful deployment of NVIDIA GPUs at its Michigan facility [1][2][3] - The deployment has validated ACS's capability to provide AI and HPC infrastructure for enterprise clients, establishing the Michigan facility as a trusted destination for GPU-driven workloads [2][3] - The company aims to expand ACS's capacity to meet the growing demand for AI solutions, positioning itself as a premier partner for advanced AI applications [3][4] Company Overview - Hyperscale Data operates through its subsidiary Sentinum, which manages a data center for digital asset mining and colocation services, targeting the emerging AI ecosystem [6] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its other subsidiary, Ault Capital Group, Inc. [6] - A divestiture of ACG is expected in the first quarter of 2026, which will allow Hyperscale Data to focus on data center operations and digital asset holdings [7][8] Market Position - The demand for AI computing is surging, prompting Hyperscale Data and ACS to broaden their infrastructure and deepen strategic partnerships to support enterprise AI innovation [4] - By leveraging NVIDIA's GPU technology and advanced power infrastructure, ACS is well-positioned to cater to the needs of enterprise and cloud providers globally [3]