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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]
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BSCN· 2025-07-23 15:50
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Hyperscale Data Subsidiary BitNile.com Unveils Strategic Vision for $NILE Coin Ecosystem on Solana Blockchain
Prnewswire· 2025-07-23 10:45
Core Insights - BitNile.com aims to enhance the adoption and accessibility of its native utility token $NILE through a potential listing on a centralized digital asset exchange [1][3] - The current market capitalization of $NILE is approximately $103 million, with 99% of the tokens held by BitNile [2] - The company is heavily investing in the development of a new Web3 ecosystem where $NILE will serve as a foundational element [3][4] Company Strategy - BitNile plans to expand the availability of $NILE beyond decentralized exchanges in the second half of 2025 to increase user adoption [3] - The CEO of BitNile emphasized the importance of brand recognition and the goal to create a Web3 entertainment community centered around $NILE [4] - Key features of the new ecosystem include mobile gaming integration, validator node architecture, and real-time utility for blockchain applications [7] Financial and Operational Overview - Hyperscale Data, the parent company, operates a data center for mining digital assets and providing colocation services, while also pursuing growth through acquisitions [5] - The company plans to divest its subsidiary Ault Capital Group by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [6][8]
Hyperscale Data Targets Full Buildout of 340 MW Michigan AI Data Center Campus in 2029
Prnewswire· 2025-07-21 10:45
Core Viewpoint - Hyperscale Data, Inc. is strategically expanding its Michigan data center campus to support AI and high-performance computing, with a phased buildout plan to reach 340 MW of power capacity over the next 44 months [1][2][5]. Company Expansion Plans - The company currently operates approximately 30 MW at its Michigan facility and plans to increase this to 70 MW within the next 20 months [2][8]. - The full buildout to 340 MW is expected to be completed within 44 months after finalizing agreements with local utility providers [2][4]. Financial Strategy - Hyperscale Data has filed a shelf registration statement for up to $125 million to provide long-term financial flexibility, although it does not plan to raise capital immediately [3][4]. - The registration will allow the company to access capital markets as needed during the construction and development of the Michigan campus [3]. Industry Positioning - The expansion aligns with the growing demand for high-density compute infrastructure, with the company referencing similar projects, such as Applied Digital Corporation's contract with CoreWeave, projected to generate over $7 billion in revenue over 15 years [5]. - The company aims to transition to a pureplay AI data center platform while reducing debt and streamlining operations [6]. Current Operations and Future Outlook - The Michigan facility generates revenue through digital asset mining and colocation services, with plans to add 40 MW by the second quarter of 2027 and an additional 270 MW by the third quarter of 2029 [4][8]. - The company is also planning to divest its subsidiary, Ault Capital Group, Inc., by the end of 2025, focusing solely on data center operations [10].
Hyperscale Data Announces Preliminary Q2 2025 Revenue of $25.8 Million, Up 45% Year-over-Year
Globenewswire· 2025-07-17 10:59
Core Insights - Hyperscale Data, Inc. reported preliminary revenue of $25.8 million for Q2 2025, marking a 45% increase from $17.8 million in the same period last year [1] - The company reaffirms its full-year revenue guidance for 2025, projecting between $125 million and $135 million [1][3] - The anticipated reconsolidation of Gresham Worldwide is expected to significantly enhance revenue, contributing approximately $10 million in Q4 2025 and an additional $40 million on a pro forma basis for the full year if consolidated from January 1, 2025 [3][4] Financial Performance - Preliminary revenue for the first half of 2025 totaled $50.8 million [1] - The company has reduced its debt by over $20 million year-to-date, improving liquidity [4] - The pro forma total revenue, assuming Gresham's consolidation, could reach between $155 million and $165 million [3] Strategic Developments - The growth in Q2 was driven by commercial lending and trading activities, demand for electronic power solutions, and improved performance of hotel assets [4] - The company is focusing on high-margin software expansion, including blockchain infrastructure and decentralized applications, expected to generate recurring revenue starting late 2025 [4] - Hyperscale Data is preparing to advance the development of a 617,000 square-foot AI data center in Michigan [4] Business Outlook - The company expects to divest Ault Capital Group, Inc. by December 31, 2025, transitioning to solely operating data centers [7] - The fintech sector is showing signs of recovery, with new AI-powered features under development for lending and trading applications [4] - The reconsolidation of Gresham Worldwide is anticipated to occur by October 1, 2025, enhancing the company's revenue profile [4]
Hyperscale Data Announces 36 Consecutive Months of Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire· 2025-07-11 18:00
Core Points - Hyperscale Data, Inc. has successfully paid 36 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, amounting to $0.2708333 per share per month [1][2] - The Company is committed to the long-term nature of the monthly dividend, emphasizing its track record with the Series D Preferred Stock [2] - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on digital asset mining and colocation services for AI ecosystems and other industries [3] Business Operations - The Company plans to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI software, social gaming, and private credit through ACG [4] - The divestiture will involve the 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]
Brag House Announces Zacks Small-Cap Research Initiation of Coverage
Globenewswire· 2025-07-10 12:31
Core Viewpoint - Brag House Holdings, Inc. has received coverage initiation from Zacks Small-Cap Research, highlighting its innovative approach to engage Gen Z through gaming and college sports [1][2][3] Company Overview - Brag House is a media technology gaming platform focused on transforming casual college gaming into a community-driven experience, merging gaming, social interaction, and technology [4] - The company aims to connect brands with the influential Gen Z demographic [4] Recognition and Validation - The initiation of coverage by Zacks Small-Cap Research is seen as a validation of Brag House's vision and recent milestones, including a partnership with Learfield [3][5] Strategic Focus - Brag House's strategic focus on Gen Z is emphasized, with this demographic expected to represent a significant portion of the workforce by 2030 and projected to hold $360 billion in disposable income [6] Partnerships and Market Reach - The partnership with Learfield is noted for granting access to media rights across over 200 NCAA Division schools, thereby expanding Brag House's national reach [6] Growth Prospects - Anticipated revenue growth is outlined through B2B sponsorships, collegiate tournaments, and the future launch of a SaaS-based analytics platform aimed at delivering actionable insights to brands [6] Market Opportunity - Zacks estimates Brag House's target market at $6.7 billion, indicating a sizable niche within a rapidly expanding segment [6]
Roblox (RBLX) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-07-08 22:51
Company Performance - Roblox closed at $104.94, down 2.62% from the previous trading session, underperforming the S&P 500 which lost 0.07% [1] - Over the past month, Roblox shares gained 15.35%, outperforming the Consumer Discretionary sector's gain of 5.29% and the S&P 500's gain of 3.94% [1] Earnings Projections - Roblox is set to release earnings on July 31, 2025, with projected EPS of -$0.36, indicating a 12.50% decline from the same quarter last year [2] - Revenue is expected to reach $1.22 billion, reflecting a 27.52% increase compared to the equivalent quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates predict earnings of -$1.38 per share and revenue of $5.43 billion, representing increases of 4.17% and 24.22% respectively from the previous year [3] Analyst Sentiment - Changes in analyst estimates for Roblox are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [3] Zacks Rank and Performance - The Zacks Rank system, which evaluates estimate changes, currently ranks Roblox as 2 (Buy), with a 2% increase in the consensus EPS estimate over the last 30 days [5] - Historically, 1 ranked stocks in the Zacks Rank system have yielded an average annual return of +25% since 1988 [5] Industry Context - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 67, placing it in the top 28% of over 250 industries [6] - Strongly rated industries, particularly those in the top 50%, tend to outperform weaker ones by a factor of 2 to 1 [6]
Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025
Globenewswire· 2025-07-08 10:30
Group 1 - Hyperscale Data, Inc. announced that its subsidiary Sentinum, Inc. received approximately 13.7 Bitcoin in June 2025 and approximately 103.7 Bitcoin year-to-date through June 30, 2025 from its mining pool [1][2] - Sentinum entered into a hosting services agreement in Montana, providing access to approximately 20 megawatts of energy capacity for its Bitcoin mining operations, with 6,800 Antminers delivered and operational [2][3] - The company reported approximately $11.2 million in year-to-date Bitcoin mining revenue, with expectations for significant revenue growth in the third and fourth quarters of 2025 [3] Group 2 - The activation of two additional Bitcoin mining sites has increased the total operational Antminers to approximately 18,200 [3] - Sentinum has reenergized approximately 10 MWs of power at its Montana facility, with plans to increase operational Antminers from 2,600 to approximately 3,200 by the end of July 2025 [2][3] - The company is focused on maximizing efficiency and delivering long-term value to stockholders [3] Group 3 - Hyperscale Data is planning to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, transitioning to solely operate data centers for high-performance computing services [6] - The company will continue to support various industries, including AI ecosystems, through its data center operations [5][6]