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's Subsidiary, Sentinum, Announces Anticipated Annual Bitcoin Mining Run Rate of Approximately $41 Million