Hyperscale Data, Inc.(GPUS)
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Hyperscale Data Subsidiary Ault Markets Plans to Launch Solana Validator and Expand Blockchain Infrastructure Capabilities
Globenewswireยท 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
Globenewswireยท 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
Globenewswireยท 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
Globenewswireยท 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]
Hyperscale Data Subsidiary Bitnile.com Now Accepting All Verified Solana-Based $SOL Tokens, Including Meme Coins
Globenewswireยท 2025-06-27 10:30
Core Viewpoint - Hyperscale Data, Inc. has announced that its subsidiary Bitnile.com will accept all verified Solana-based tokens as payment on its social-casino platform, enhancing user engagement and expanding its service offerings [1][2][3]. Group 1: Company Developments - Bitnile.com has begun accepting verified Solana-based tokens, including trending coins like $BONK and $TRUMP, which allows users to engage with their communities while using the platform [1][3]. - The company aims to create a highly inclusive and flexible social-casino platform, targeting a broader user base by providing diverse onboarding options [2][3]. - Hyperscale Data operates a data center through its subsidiary Sentinum, which mines digital assets and offers colocation and hosting services for AI ecosystems and other industries [4]. Group 2: Strategic Initiatives - Hyperscale Data plans to divest its subsidiary ACG by December 31, 2025, focusing solely on data center operations to support high-performance computing (HPC) services [5]. - The divestiture will involve an exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [6]. Group 3: Industry Context - The Solana ecosystem is rapidly expanding with new projects in decentralized finance, non-fungible tokens, gaming, and more, positioning Bitnile to capture a wider audience [2]. - The integration of Solana-based tokens enables fast, low-fee transactions and real-time compatibility with trending coins, enhancing the user experience on Bitnile.com [8].
Hyperscale Data Highlights AI Infrastructure Growth and Corporate Transition in Stockholder Letter
Globenewswireยท 2025-06-26 12:00
Core Insights - Hyperscale Data, Inc. identifies significant growth opportunities in its Michigan data center, which has the potential to expand to 340 MW of power capacity [2][4][6] - The company aims to secure long-term hosting agreements similar to Applied Digital Corporation's recent contract, which is projected to generate over $7 billion in revenue over 15 years [2][3] - The Michigan Facility is viewed as a strategically undervalued asset for supporting large-scale AI and high-performance computing workloads [4][10] Facility Expansion Plans - The Michigan Facility currently spans 617,000 square feet and is targeted for an expansion from approximately 30 MW to 340 MW of power [5][6] - An agreement in principle has been reached with the local utility to increase power availability to 300 MW, with completion expected in about 44 months [5] - Additionally, a separate agreement with the local natural gas utility aims to provide an extra 40 MW of power, expected to be completed within 18 months [6] Strategic Separation and Leadership Transition - The company plans to complete its separation from Ault Capital Group, Inc. by the end of 2025, transitioning to a standalone publicly traded infrastructure company focused on AI and digital asset compute solutions [7][16] - Following the separation, the current Executive Chairman will focus on Ault Capital Group, while the CEO will continue in his role and assume the position of Chairman of the Board [8][9] Valuation Perspective - The company believes that the market significantly undervalues its business, particularly the transformative potential of the Michigan Facility [10][11] - As the AI infrastructure market evolves, the company expects the gap between its intrinsic value and current market capitalization to narrow, creating long-term value for stockholders [11]
Given Almost $75 Million in Executed Preferred Stock Purchase Agreements, Hyperscale Data Does Not Currently Intend to Raise Additional Equity
Globenewswireยท 2025-06-23 10:30
Core Viewpoint - Hyperscale Data, Inc. has secured financing agreements to raise up to $68 million in preferred investments, which will support its capital position and expansion plans for its Michigan data center, focusing on AI and digital infrastructure [1][4]. Financing Agreements - Ault & Company has invested nearly $51 million in Hyperscale Data and has committed to an additional investment of up to $24 million under a securities purchase agreement for Series G convertible preferred stock [2]. - The company has also entered into a separate agreement with an institutional investor to sell up to $50 million of Series B convertible preferred stock, with $5.7 million already purchased [3]. Data Center Expansion - The Michigan data center's power capacity is set to increase from approximately 30 MW to 300 MW, with an additional 40 MW from a local natural gas utility, bringing the total expected capacity to around 340 MW [4]. - The power upgrade is expected to take 44 months for the utility agreement and 18 months for the natural gas agreement to be completed [4]. Corporate Structure and Future Plans - The company plans to separate from Ault Capital Group by the end of 2025, transitioning to an independent entity focused on AI and digital asset compute solutions [5][11]. - Following the divestiture, Hyperscale Data will primarily operate data centers supporting high-performance computing services [11]. Operational Considerations - The company anticipates that its current preferred equity commitments will meet its near-term capital needs, but future developments may necessitate additional capital [6]. - A significant portion of the Michigan facility's development is expected to be financed through non-dilutive debt [6].
Hyperscale Data Subsidiary Bitnile.com Accepting $TRUMP Meme Coin in its Social Casino
Globenewswireยท 2025-06-20 10:30
Core Viewpoint - Hyperscale Data, Inc. has announced the acceptance of the $TRUMP meme coin as a payment method on its subsidiary Bitnile.com, expanding the cryptocurrency options available for players on the platform [1][2]. Group 1: Cryptocurrency Integration - Players can now use $TRUMP to purchase coin packages for various casino-style games on Bitnile.com, including slots, poker, and blackjack [2]. - Bitnile.com currently accepts both $NILE and $TRUMP coins, with plans to introduce additional cryptocurrencies in the coming months [2][3]. Group 2: Company Operations and Future Plans - 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 its subsidiary Ault Capital Group, Inc. (ACG) by December 31, 2025, focusing solely on data center operations and high-performance computing services post-divestiture [5]. - ACG is involved in various sectors, including AI software, social gaming, equipment rental, and private credit, until the divestiture occurs [5]. Group 3: Shareholder Information - On December 23, 2024, 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 Declares Monthly Cash Dividend of $0.2708333 per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Globenewswireยท 2025-06-18 20:30
Core Viewpoint - Hyperscale Data, Inc. has declared monthly cash dividends for its Series D and Series E Cumulative Redeemable Perpetual Preferred Stock, indicating a commitment to returning value to shareholders [1][2]. Dividend Announcements - The Board of Directors has declared a monthly cash dividend of $0.2708333 per share for the 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, with a record date of June 30, 2025, and a payment date of July 10, 2025 [1]. - Additionally, a monthly cash dividend of $0.20833 per share has been declared for the 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock, also with a record date of June 30, 2025, and a payment date of July 10, 2025 [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, particularly for the AI ecosystem [4]. - The company is also involved in acquiring undervalued businesses and disruptive technologies through its other subsidiary, Ault Capital Group, Inc. (ACG) [4]. Future Plans - Hyperscale Data plans to divest ACG by December 31, 2025, after which it will focus solely on operating data centers for high-performance computing services, while potentially continuing Bitcoin mining [5]. - The divestiture will involve an exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become shareholders of ACG [6].
Hyperscale Data Subsidiary askROI Surpasses 160,000 App Downloads on Apple App Store and Google Play
Globenewswireยท 2025-06-18 12:00
Core Insights - Hyperscale Data, Inc. announced that its subsidiary askROI, Inc. has achieved over 160,000 cumulative app downloads, indicating strong early growth and adoption of its AI tools [1][2][3] Group 1: Company Developments - askROI launched its app on both the Apple App Store and Google Play, providing advanced AI tools for personal and business use, and has seen organic growth despite minimal marketing efforts [2][3] - The founder and executive chairman of Hyperscale Data expressed pride in the progress of askROI and indicated plans for future updates and enhanced marketing efforts [3] - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on mining digital assets and offering colocation and hosting services for AI ecosystems [4] Group 2: Future Plans - The company plans to complete the divestiture of its subsidiary ACG by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [5] - ACG is involved in various industries, including AI software, social gaming, and private credit, and is expected to provide mission-critical products until the divestiture occurs [5] Group 3: Financial Structure - On December 23, 2024, 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]