Core Viewpoint - Hyperscale Data, Inc. emphasizes its commitment to a Bitcoin-anchored strategy, highlighting the company's strong financial position and future growth potential despite recent market corrections in Bitcoin and AI equities [2][4][9]. Financial Position - As of October 31, 2025, the estimated total assets of the company were approximately $330 million, with net assets around $150 million. The cash and Bitcoin holdings were valued at approximately $122 million, providing a solid foundation for growth [4]. - The company aims to achieve profitability on a consolidated basis in 2026 and beyond, leveraging its Bitcoin strategy alongside financial services assets [9]. Operational Strategy - The Executive Committee meets daily to oversee operations, capital allocation, and performance, ensuring responsible management of all company assets [10]. - The Michigan AI Data Center campus is a significant asset, currently providing 30 MW of power capacity, with plans to expand to 70 MW in the next 20 months and potentially up to 340 MW in the future [11][12]. Growth and Investment - The company has strengthened its mining operations with the acquisition of thousands of new Bitmain S21+ and S21 Pro Antminers, significantly increasing long-term Bitcoin production [15]. - The company plans to adopt a dollar-cost averaging strategy for Bitcoin purchases, aiming to grow its Bitcoin holdings beyond $100 million [21]. Leadership and Commitment - The company's largest stockholder, Ault & Company, Inc., holds approximately $55 million in preferred stock, and the leadership has no plans to sell shares, indicating a strong commitment to the company's future [14]. - The founder expresses regret over past decisions to sell Bitcoin and emphasizes a renewed focus on holding Bitcoin indefinitely as part of the company's strategy [19][20].
Hyperscale Data Issues Letter to Stockholders from Executive Chairman