Core Viewpoint - Hyperscale Data, Inc. reported strong financial performance for Q1 2025, with a revenue of $25 million and reaffirmed its annual revenue guidance of $115 to $125 million, driven by growth in AI data centers, equipment rental, and financial services [1][2][4] Financial Performance - The company recorded a one-time gain of $10 million from the deconsolidation of its former subsidiary, Avalanche International, Corp., which filed for bankruptcy [1] - Revenue expectations for the second half of 2025 are bolstered by enterprise adoption of AI software products from its subsidiary askROI, Inc. [2] Business Segments - The AI-driven Michigan data center is transitioning to support high-performance computing, contributing to revenue growth [2] - The equipment rental business, Circle 8 Crane Services, LLC, is experiencing strong demand due to energy-related infrastructure projects [3] - The financial services segment is seeing increased demand for structured credit and asset-backed financing, although it faces volatility from market price changes [4] Bitcoin Mining Activities - The company is optimistic about its Bitcoin mining operations, particularly with the resumption of activities at its Montana site, anticipating additional revenue from rising Bitcoin prices [5] Strategic Plans - Hyperscale Data plans to separate non-core operations by spinning off Ault Capital Group, Inc. (ACG), expected to be completed by December 31, 2025, allowing the company to focus on data center and AI infrastructure [6][9] - The separation will enable Hyperscale Data to operate solely as a data center owner and operator, while ACG will manage non-data center and Bitcoin mining assets [9] Management Commentary - The Executive Chairman expressed confidence in the company's growth potential within the AI data center space and the strategic separation plan [7]
Hyperscale Data Provides Business Update; Reports $25 Million in Q1 Revenue and Reaffirms $115–$125 Million Full-Year Revenue Guidance