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].

Core Insights - Hyperscale Data, Inc. announced the upcoming launch of a fully native mobile version of its subsidiary askROI, which has achieved over 700,000 cumulative app downloads [1][2][3] - The new app version will feature enhanced financial tools and AI agents aimed at improving user experience and providing deeper insights [2][3] - The company aims to reach one million downloads and is planning to expand its development team and international growth initiatives [3] Company Overview - Hyperscale Data operates through subsidiaries, including Sentinum, which manages a data center for digital asset mining and AI ecosystem services [5] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group, Inc. [5] - A divestiture of ACG is expected around December 31, 2025, which will allow the company to focus on data center operations and high-performance computing services [6][7]

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]

Core Insights - Hyperscale Data, Inc. has entered into an engineering design agreement with SEMCO Energy to develop natural gas distribution infrastructure for its Michigan data center, enabling approximately 40 MW of additional power generation capacity [1][2] Agreement Details - The agreement signifies a milestone in expanding the infrastructure for the Michigan Site, aimed at supporting the growing demands of the artificial intelligence industry [2] - SEMCO and ACS will collaborate to finalize plans and move towards construction, pending regulatory approvals and due diligence [2][10] Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [4] - The company plans to divest its subsidiary Ault Capital Group by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing [5] Future Plans - SEMCO will handle preliminary engineering and design for the pipeline routing and related infrastructure to enhance natural gas capacity [10] - A definitive facility construction agreement is expected to be negotiated in the coming months, with construction anticipated to be completed within 15 months of the agreement execution [10]

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].

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]

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]

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].

[Form 8-K Current Report](index=1&type=section&id=Form%208-K%20Current%20Report) This current report on Form 8-K discloses material corporate events and financial information [Registrant Information](index=1&type=section&id=Registrant%20Information) Identifies Hyperscale Data, Inc as the registrant and lists its securities on the NYSE American exchange - The reporting company is **Hyperscale Data, Inc.**, a Delaware corporation with principal executive offices in Las Vegas, NV[2](index=2&type=chunk) | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :--- | :--- | :--- | | Class A Common Stock, $0.001 par value | GPUS | NYSE American | | 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share | GPUS PD | NYSE American | [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) Announces unaudited revenue for the three months ended June 30, 2025, via a press release furnished as Exhibit 99.1 - The company issued a press release on July 17, 2025, announcing **unaudited revenue for the three months ended June 30, 2025**[5](index=5&type=chunk) - The press release is attached as **Exhibit 99.1** and is incorporated by reference into this report[5](index=5&type=chunk) - Information provided is considered **"furnished," not "filed,"** under Section 18 of the Securities Exchange Act of 1934, limiting legal liability[6](index=6&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Forward-Looking%20Statements) Discloses that the report contains forward-looking statements subject to risks and uncertainties - The report includes **"forward-looking statements"** which may relate to operating results and are identified by words such as "expects" and "will"[7](index=7&type=chunk) - Investors are cautioned that **actual results may differ materially** from anticipations due to inherent uncertainties and risks[7](index=7&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) Lists the exhibits filed with the report, including a press release and Inline XBRL data files Filed Exhibits | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press Release issued on July 17, 2025 | | 101 | Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language) | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101) |

Core Insights - Hyperscale Data, Inc. reported preliminary revenue of $25.8 million for Q2 2025, marking a 45% increase from $17.8 million in the same period last year [1] - The company reaffirms its full-year revenue guidance for 2025, projecting between $125 million and $135 million [1][3] - The anticipated reconsolidation of Gresham Worldwide is expected to significantly enhance revenue, contributing approximately $10 million in Q4 2025 and an additional $40 million on a pro forma basis for the full year if consolidated from January 1, 2025 [3][4] Financial Performance - Preliminary revenue for the first half of 2025 totaled $50.8 million [1] - The company has reduced its debt by over $20 million year-to-date, improving liquidity [4] - The pro forma total revenue, assuming Gresham's consolidation, could reach between $155 million and $165 million [3] Strategic Developments - The growth in Q2 was driven by commercial lending and trading activities, demand for electronic power solutions, and improved performance of hotel assets [4] - The company is focusing on high-margin software expansion, including blockchain infrastructure and decentralized applications, expected to generate recurring revenue starting late 2025 [4] - Hyperscale Data is preparing to advance the development of a 617,000 square-foot AI data center in Michigan [4] Business Outlook - The company expects to divest Ault Capital Group, Inc. by December 31, 2025, transitioning to solely operating data centers [7] - The fintech sector is showing signs of recovery, with new AI-powered features under development for lending and trading applications [4] - The reconsolidation of Gresham Worldwide is anticipated to occur by October 1, 2025, enhancing the company's revenue profile [4]