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Hyperscale Data Reaffirms Full-Year 2025 Revenue Guidance of $125 Million to $135 Million Following Gresham Worldwide Plan Confirmation
Prnewswire· 2025-08-22 10:30
Core Viewpoint - Hyperscale Data, Inc. reaffirms its full-year 2025 revenue guidance of $125 million to $135 million, bolstered by the anticipated contributions from its defense affiliate Gresham Worldwide and growth in high-margin software platforms [1][2][4]. Group 1: Financial Guidance and Revenue Expectations - The company expects Gresham Worldwide to contribute approximately $40 million in annualized revenue upon its emergence from Chapter 11 on October 1, 2025 [2]. - Hyperscale Data anticipates meaningful growth from its expanding high-margin software platforms, including blockchain infrastructure and tokenization solutions [3]. Group 2: Strategic Developments - The court's approval of Gresham Worldwide's reorganization plan enhances visibility into its expected contributions starting in Q4 2025 [4]. - The company is pursuing growth through its Michigan data center, which is viewed as a transformational opportunity for future revenue, although it is not expected to contribute significantly in 2025 [4]. Group 3: Company Structure and Operations - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [5]. - The company plans to divest Ault Capital Group, Inc. in Q1 2026, which will allow it to focus on high-performance computing services and digital asset holdings [6].
Hyperscale Data Subsidiary Gresham Worldwide Receives Court Approval of Reorganization Plan; On Track to Emerge from Chapter 11 on October 1, 2025
Prnewswire· 2025-08-21 10:30
Core Viewpoint - Hyperscale Data, Inc. announces that Gresham Worldwide has received final court approval for its Chapter 11 reorganization plan, allowing it to emerge from bankruptcy on October 1, 2025, and is expected to contribute approximately $40 million in annual sales to the company [1][2][3] Group 1: Company Developments - Gresham Worldwide will be reconsolidated as a direct subsidiary of Hyperscale Data upon its emergence from bankruptcy, enhancing the company's diversified platform and supporting long-term growth [2] - The court-approved plan reflects extensive negotiations among creditors and stakeholders, positioning Gresham Worldwide with a stronger balance sheet and operational stability [3] Group 2: Financial Impact - The anticipated contribution of Gresham Worldwide is projected to be around $40 million in annualized sales, which will further strengthen Hyperscale Data's financial results [2] - The emergence from Chapter 11 is expected to provide Gresham Worldwide with renewed financial strength, enabling it to deliver meaningful revenue and long-term value for stockholders [3] Group 3: Future Plans - Hyperscale Data plans to divest Ault Capital Group, Inc. in the first quarter of 2026, which will allow the company to focus on owning and operating data centers and supporting high-performance computing services [6] - The divestiture will occur through the exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become shareholders of ACG [7]
Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Globenewswire· 2025-06-18 20:30
Core Viewpoint - Hyperscale Data, Inc. has declared monthly cash dividends for its Series D and Series E Cumulative Redeemable Perpetual Preferred Stock, indicating a commitment to returning value to shareholders [1][2]. Dividend Announcements - The Board of Directors has declared a monthly cash dividend of $0.2708333 per share for the 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, with a record date of June 30, 2025, and a payment date of July 10, 2025 [1]. - Additionally, a monthly cash dividend of $0.20833 per share has been declared for the 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock, also with a record date of June 30, 2025, and a payment date of July 10, 2025 [2]. Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which manages a data center for digital asset mining and offers colocation and hosting services, particularly for the AI ecosystem [4]. - The company is also involved in acquiring undervalued businesses and disruptive technologies through its other subsidiary, Ault Capital Group, Inc. (ACG) [4]. Future Plans - Hyperscale Data plans to divest ACG by December 31, 2025, after which it will focus solely on operating data centers for high-performance computing services, while potentially continuing Bitcoin mining [5]. - The divestiture will involve an exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become shareholders of ACG [6].
Hyperscale Data Subsidiary Ault Capital Group Plans to Launch XRP Lending Platform for U.S. Public Companies in Q3 2025
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Hyperscale Data, Inc. is launching an enterprise-focused XRP lending platform through its subsidiary Ault Capital Group, Inc. in Q3 2025, marking its entry into decentralized finance (DeFi) [1][4] Group 1: Platform Details - The lending platform will be available exclusively to public companies listed on NYSE, NYSE American, and NASDAQ, allowing them to borrow fixed amounts of XRP under negotiated terms [2] - Loans will be secured by the applicant's assets and may be convertible into registered shares of common stock [2] - ACG plans to hedge market exposure by utilizing XRP futures contracts on the Chicago Mercantile Exchange, enhancing risk management in cryptocurrency lending [3] Group 2: Strategic Initiatives - The platform aims to provide a secure, compliant, and institutional-grade solution for blockchain-based lending, part of ACG's broader initiative to tokenize real-world assets and offer alternative financing solutions [4] - Additional crypto-financial instruments are expected to be announced in the coming months, indicating ongoing innovation in the sector [4] Group 3: Company Background - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on mining digital assets and supporting AI ecosystems [7] - The company plans to divest ACG by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [8]