Core Insights - Hyperscale Data, Inc. has successfully completed its at-the-market equity program, raising $125 million by selling 255,490,454 shares of Class A common stock, which strengthens its balance sheet and accelerates growth initiatives [1][5][7] Company Overview - Hyperscale Data operates a large-scale AI data center and a vertically integrated Bitcoin mining platform, with its flagship campus located in Michigan, utilizing NVIDIA GPU servers and Bitmain Bitcoin miners [2][3] - The company also has Bitcoin mining operations in Montana, contributing to its overall network capacity [2] Strategic Positioning - The company emphasizes a hybrid compute architecture that combines AI and Bitcoin, positioning itself at the intersection of two growing demand curves [3] - The founder stated that the company is focused on building long-term value by holding Bitcoin and strategically growing its digital asset business [3] Bitcoin Holdings - Hyperscale Data expects its Bitcoin holdings to exceed $100 million within the next quarter, driven by ongoing purchases and network dynamics [4][5] - The company views Bitcoin as a core treasury asset rather than a trade, integrating its AI and Bitcoin infrastructures to create a long-duration growth platform [5] Financial Health - Following the completion of the ATM program, the company believes it is financially strong and strategically positioned for the next cycle of AI infrastructure growth, supported by an increasing Bitcoin reserve [5][7] - The company confirms compliance with NYSE American listing requirements and plans to fund continued growth through operating cash flow and strategic financing [7] Future Plans - Hyperscale Data anticipates the divestiture of its subsidiary Ault Capital Group in the second quarter of 2026, which will allow it to focus on high-performance computing services and digital asset holdings [10][11]