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Hyperscale Data Reports Weekly and Total $XRP Purchases and Total Bitcoin Holdings
Prnewswire· 2025-09-02 09:30
Core Viewpoint - Hyperscale Data, Inc. announced that its subsidiary Sentinum, Inc. has acquired 1,700 tokens of $XRP, increasing its digital asset holdings and providing transparency into its investment activities [1][4]. Group 1: Acquisition Details - Sentinum acquired 1,700 tokens of $XRP at an average price of $2.9439 per token, totaling approximately $5,000 [1]. - Following this acquisition, Sentinum's total holdings of $XRP reached 33,120 tokens, with a market value of $91,960.99 based on the closing price of $2.7766 on August 31, 2025 [2]. Group 2: Bitcoin Holdings - As of August 31, 2025, Sentinum holds 3.5966 Bitcoins, valued at $389,388.66 based on a closing price of $108,236.71 [3]. - The Bitcoins held by Sentinum were earned through hashing services provided to a mining pool, rather than being purchased on the open market [3]. Group 3: Future Reporting and Divestiture - The company plans to issue weekly press releases regarding Sentinum's $XRP acquisitions and Bitcoin holdings to maintain transparency [4]. - Hyperscale Data expects to divest Ault Capital Group, Inc. in the first quarter of 2026, which will position the company as a data center operator and digital asset holder [7].
Hyperscale Data Subsidiary AGREE's Minority Holding Fouquet's New York Completes Financing of $145 Million with Goldman Sachs Affiliated Funds
Prnewswire· 2025-07-25 10:45
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]
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]