Hyperscale Data, Inc.(GPUS)
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Milton “Todd” Ault III Intends to Step Down as an Officer from Hyperscale Data Upon Divestiture of Ault Capital Group
Globenewswire· 2025-06-17 12:00
Core Viewpoint - Hyperscale Data, Inc. is transitioning to become a pure-play AI infrastructure company by divesting Ault Capital Group, expected to be completed by December 31, 2025 [1][6]. Group 1: Leadership Changes - Milton "Todd" Ault III will resign as Executive Chairman but remain a director after the divestiture [1][2]. - William Horne will continue as CEO and assume the role of Chairman of the Board, focusing on the company's transformation into a data center operator for high-performance computing services [3][4]. Group 2: Business Focus Post-Divestiture - After the divestiture, Hyperscale Data will solely operate data centers to support high-performance computing services, while potentially continuing Bitcoin mining [6]. - The company will continue to provide mission-critical products through ACG until the divestiture, including an AI software platform and services across various industries [6]. Group 3: Shareholder Information - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG upon completion [7].
Hyperscale Data's Subsidiary, Sentinum, Announces Anticipated Annual Bitcoin Mining Run Rate of Approximately $41 Million
Globenewswire· 2025-06-13 10:30
Core Viewpoint - Hyperscale Data, Inc. anticipates an annual Bitcoin mining run rate of approximately $41 million starting July 2025, based on current Bitcoin prices and operational capacity [1][3]. Group 1: Mining Operations - Sentinum, a wholly owned subsidiary, expects to mine approximately 375.24 Bitcoin per year, translating to a run rate of about $41 million at a Bitcoin price of $108,000 [1]. - The mining operations will utilize a total of 19,200 miners, including 9,100 currently operational in Michigan, 6,800 to be hosted by Montana OP LLC, and 3,300 miners in Montana, with 2,600 expected to be operational by the end of June 2025 [2]. Group 2: Company Strategy and Future Plans - The company is focused on capitalizing on favorable Bitcoin prices and aims to operationalize 10,100 Bitcoin mining machines within the next month [3]. - Hyperscale Data plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [6]. Group 3: Financial Structure - 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 [7].
Hyperscale Data Subsidiary TurnOnGreen Achieves $7.5 Million Backlog as Demand Grows for Mission-Critical Power Solutions
Globenewswire· 2025-06-11 10:30
Core Insights - Hyperscale Data, Inc. has reported significant growth in its power electronics subsidiary, TurnOnGreen, with a contracted backlog of $7.5 million, indicating strong demand for its power systems across various industries [1][2][3] Group 1: Company Overview - Hyperscale Data operates through its subsidiary TurnOnGreen, which designs and manufactures custom power solutions for a global customer base, focusing on mission-critical applications [2][4] - The company is involved in mining digital assets and providing colocation and hosting services through its data center, supporting the AI ecosystem and other industries [4] Group 2: Financial and Operational Highlights - TurnOnGreen's operating subsidiary, Digital Power Corporation, has expanded its backlog to $7.5 million, reflecting sustained demand in sectors such as defense, industrial, medical, and telecommunications [1][2] - The company is on track to divest its subsidiary Ault Capital Group by December 31, 2025, which will allow it to focus solely on data center operations and high-performance computing services [5][6] Group 3: Leadership and Strategic Direction - The founder and executive chairman of Hyperscale Data expressed satisfaction with the progress made by TurnOnGreen in growing the business and streamlining operations towards profitability [3] - The company aims to enhance its contract portfolio and expand its global customer base, leveraging its reputation for exceptional products and performance [3]
Hyperscale Data Subsidiary Sentinum Signs Hosting Agreement to Expand its Bitcoin Mining and Participate in Energy Curtailment Program
Globenewswire· 2025-06-10 10:30
Core Viewpoint - Hyperscale Data, Inc. has entered into a Hosting Services Agreement with Montana OP LLC to enhance its Bitcoin mining operations through access to energy capacity and critical infrastructure [1][2]. Group 1: Agreement Details - The Hosting Services Agreement has an initial term of one year with automatic renewals unless terminated 90 days prior to the end of the current term [2]. - Sentinum plans to deploy approximately 6,800 S19j Pro Antminers at the Montana data center, expected to be operational by the end of June 2025 [2]. - The Service Provider can curtail electrical load during high demand periods, with net profits from energy sales being split equally between Sentinum and the Service Provider [2]. Group 2: Company Strategy and Operations - The Company aims to capitalize on the increasing price of Bitcoin and potential revenue from energy curtailment [3]. - Sentinum's deployment of dormant Bitcoin mining machines is expected to significantly improve its mining operations [3]. - The data center serves as a hedge to the grid, allowing the Company to sell power when prices are high and use it for Bitcoin mining when prices are low [3]. Group 3: Future Plans and Divestiture - Hyperscale Data plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and potentially continuing Bitcoin mining [5]. - The divestiture will occur through the exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become ACG shareholders [6].
Hyperscale Data, Inc.(GPUS) - 2025 Q1 - Quarterly Results
2025-06-09 20:30
Revenue Reporting - Hyperscale Data, Inc. reported unaudited revenue for Q1 2025, with specific figures to be detailed in the attached press release[5] - The company provided guidance for projected revenue for the fiscal year ending December 31, 2025, indicating expectations for growth[5] Financial Documentation - The press release is attached as Exhibit 99.1, which contains detailed financial information and operational results[10]
Hyperscale Data Enters into Settlement Agreement that is Expected to Result in Defense Affiliate Gresham Worldwide Exiting Chapter 11 on or Before October 1, 2025; Updates 2025 Revenue Guidance to $125–$135 Million
GlobeNewswire· 2025-06-09 12:00
Core Viewpoint - Hyperscale Data, Inc. expects Gresham Worldwide's emergence from bankruptcy to add approximately $40 million in annualized revenue on a pro forma basis, enhancing the company's financial outlook significantly [1][2]. Financial Impact - Gresham Worldwide is anticipated to contribute up to an additional $10 million in consolidated revenue in Q4 2025, with a pro forma annualized revenue increase of approximately $40 million if reconsolidation had occurred on January 1, 2025 [2]. - Following the expected reconsolidation, Hyperscale Data has raised its full-year 2025 GAAP revenue guidance to a range of $125 million to $135 million, with pro forma total revenue projected to be between $155 million and $165 million [3]. Strategic Developments - The settlement agreement with Gresham Worldwide's senior secured noteholders marks a significant turning point for the company, reflecting collaborative efforts and setting the stage for future growth [3]. - The company plans to divest Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services [5][6].
Hyperscale Data Subsidiary askROI Launches Advanced Artificial Intelligence Customer Service Agent
Globenewswire· 2025-06-06 15:00
Core Viewpoint - Hyperscale Data, Inc. has launched an advanced AI Agent through its subsidiary askROI, aimed at transforming customer service operations across various industries [1][2]. Group 1: AI Agent Features and Benefits - The AI Agent utilizes advanced natural language processing and machine learning to provide real-time, context-aware customer support 24/7 [2]. - Key benefits include improved response times, enhanced customer satisfaction, and significant reductions in support costs [2]. - The AI Agent has already been implemented within askROI's customer service system and is being rolled out to other companies within the Hyperscale Data family [2]. Group 2: Company Overview and Future Plans - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [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]. - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI software platforms and private credit services [6].
$PEPE Meme Coin to be Accepted as Crypto Payment in Social Casino of Bitnile.com, a Hyperscale Data Subsidiary
Globenewswire· 2025-06-05 10:30
Core Viewpoint - Hyperscale Data, Inc. is expanding its payment options by accepting the $PEPE meme coin on its subsidiary Bitnile.com, enhancing user experience and providing practical applications for meme coins [1][3]. Group 1: Payment Integration - Starting July 1, 2025, $PEPE will be accepted as a payment method on Bitnile.com for purchasing the Nile Package, which includes virtual in-game currency, Nile tokens [1][2]. - The Nile tokens are used for various casino-style social games on Bitnile.com, while Nile sweeps coins, which cannot be purchased, provide sweepstakes entries for potential prizes [2]. Group 2: Promotional Activities - Bitnile.com plans to accept $TRUMP coin starting June 15, 2025, with a promotional offer that triples the number of Tokens and Coins for purchases made with $TRUMP during the first month [3]. Group 3: Company Structure and Operations - Hyperscale Data operates through its subsidiary Sentinum, which runs a data center for mining digital assets and providing colocation and hosting services, particularly for AI ecosystems [5]. - The company intends to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [6]. Group 4: 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 during the divestiture [7].
Hyperscale Data Subsidiary Bitnile.com Accepting Nile Coin in its Social Casino
Globenewswire· 2025-06-04 10:30
Core Viewpoint - Hyperscale Data, Inc. has announced that its subsidiary Bitnile.com is now accepting Nile Coin as a payment method for its virtual in-game currency package, marking a significant step in integrating blockchain technology into its gaming platform [1][3]. Group 1: Company Developments - Bitnile.com launched Nile Coin on the Solana Blockchain on May 3, 2025, allowing users to purchase a package of virtual in-game currency known as Nile tokens [1]. - The Tokens are utilized for various casino-style social games on Bitnile.com, including slots, poker, and blackjack, but cannot be redeemed for cash or prizes [2]. - The Nile Package also includes Nile sweeps coins, which provide holders with entries into sweepstakes for potential prizes or cryptocurrency [2]. Group 2: Strategic Initiatives - The introduction of Nile Coin is part of a broader digital asset initiative by Hyperscale Data, aiming to merge blockchain innovation with real-world applications across gaming, finance, and AI infrastructure [3]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [7].
Hyperscale Data Reports Approximately $8.7 Million In Bitcoin Mining Revenue Year to Date, Including Approximately $1.9 Million for May 2025
Globenewswire· 2025-06-03 10:30
Core Viewpoint - Hyperscale Data, Inc. reported strong performance from its subsidiary Sentinum, which received approximately 17.4 Bitcoin in May 2025 and about 90 Bitcoin year-to-date, benefiting from the recent increase in Bitcoin prices [1][2]. Group 1: Financial Performance - Sentinum earned approximately 17.4 Bitcoin in May 2025 and approximately 90 Bitcoin year-to-date from its mining operations [1]. - Revenue is calculated daily based on the number of Bitcoin earned at the current market value [1]. Group 2: Operational Updates - Sentinum plans to resume Bitcoin mining operations at its Montana facilities in June 2025, which will enhance its mining capacity with about ten megawatts of power, sufficient for approximately 3,200 S19j Pro Antminers [2]. - Initially, mining operations will commence with around 2,600 Antminers, with plans to scale up to full capacity by July 2025 [2]. Group 3: Strategic Direction - The Company aims to capitalize on the rising Bitcoin prices through selective deployment of its mining fleet rather than selling miners in the secondary market [2]. - Hyperscale Data is preparing for a divestiture of its subsidiary Ault Capital Group, Inc. by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [5].