Hyperscale Data Enters into Agreement to Expand Michigan AI Data Center Campus with 48.5 Acre Acquisition

Hyperscale Data (NYSE American: GPUS) announced that its subsidiary Alliance Cloud Services agreed to acquire approximately 48.5 acres to expand its Michigan AI data center campus.

Rhea-AI Summary

Hyperscale Data (NYSE American: GPUS) announced that its subsidiary Alliance Cloud Services agreed to acquire approximately 48.5 acres to expand its Michigan AI data center campus. Upon closing, the company will own about 83 acres, more than doubling its current acreage in the area.

The acquisition supports future development for AI and high-performance computing; ACS expects to close in approximately sixty days.

Positive

• 48.5 acres acquisition to expand Michigan campus
• Ownership rising to ~83 acres, more than doubling local footprint
• Acquisition timed to address rising AI and high-performance computing demand
• Expected close in ~60 days, providing a near-term timeline for expansion

Negative

• None.

Argus Mar 30 session

+4.01% close to close Open Argus

Details

News Market Reaction – GPUS

On Mar 30, the day this news came out, GPUS closed 4.01% above the previous close.

Data tracked by StockTitan Argus for the Mar 30 session.

Key Figures

Current price: $0.131 Land acquired: 48.5 acres Total campus land: 83 acres +5 more

Current price

$0.131

As of latest pre-news market data

Land acquired

48.5 acres

New Michigan AI data center campus acquisition agreement

Total campus land

83 acres

Total Michigan campus ownership post-closing

Expected closing

60 days

ACS expected timeline to close the land acquisition

52-week high

$9.98

Pre-news 52-week high level

52-week low

$0.1298

Pre-news 52-week low level

Registered shares

43,011,836 shares

Class A common stock registered for resale under S-3

Convertible notes principal

$12,768,000

Secured convertible promissory notes underlying the registered shares

Historical Context

5 past events · Latest: Mar 24

5 events

1. Mar 24

   Crypto holdings update

   24h Move

   -7.2%

   Disclosed Bitcoin treasury and cash plus Bitcoin exceeding market cap.

2. Mar 20

   Preferred dividends

   24h Move

   +4.3%

   Declared monthly cash dividends on Series D and Series E preferred stock.

3. Mar 19

   Robotics launch

   24h Move

   -4.1%

   Announced Omnipresent Robotics with expected commercial deployment in June 2026.

4. Mar 17

   Crypto holdings update

   24h Move

   -1.6%

   Reported Bitcoin treasury and cash plus Bitcoin at 161.23% of market cap.

5. Mar 12

   Asset estimate

   24h Move

   -5.9%

   Released preliminary estimates for total assets, net assets and digital holdings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

artificial intelligence, ai, bitcoin, high-performance computing, +1 more

5 terms

artificial intelligence technical

"an artificial intelligence ("AI") data center company anchored by Bitcoin"

Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.

ai technical

"an artificial intelligence ("AI") data center company anchored by Bitcoin"

Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.

bitcoin financial

"an artificial intelligence ("AI") data center company anchored by Bitcoin"

Bitcoin is a decentralized digital currency and asset that exists only online, created and recorded through a public digital record maintained by many computers worldwide—think of it as a shared spreadsheet that no single person controls. Investors care because it behaves like a high-risk, high-reward store of value and speculative commodity: its supply is limited, its price can swing sharply, and owning it can change a portfolio’s risk, diversification and exposure to market sentiment.

high-performance computing technical

"surging demand for AI and high-performance computing"

A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.

enterprise digital transformation technical

"support complex computing infrastructures, high-performance cloud computing, and enterprise digital transformation"

Enterprise digital transformation is the broad process where a company updates its systems, processes and customer interactions by adopting modern software, data tools and automation—like renovating an old house with smart features to run more efficiently. Investors care because these changes can boost revenue, cut costs and improve resilience, but they also require upfront investment and carry execution risk that can affect near-term earnings and long-term competitiveness.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Strategic Land Acquisition Positions Company for Future Expansion

LAS VEGAS, March 30, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its wholly owned subsidiary Alliance Cloud Services, LLC ("ACS"), has entered into an agreement to acquire approximately 48.5 acres of land (the "Acquisition") providing the Company opportunity to expand its Michigan campus and continue to address the surging demand for AI and high-performance computing. Upon the closing of the Acquisition, the Company will own approximately 83 acres, more than doubling its current acreage in the area.

"This is a significant step in the right direction for ACS on its path to expanding its footprint in the Michigan area," stated Will Horne, Chief Executive Officer of Hyperscale Data. "This land acquisition will give us additional space and the opportunity for future development and demonstrates the Company's long-term commitment to Southwest Michigan and the Company's operations there."

This Acquisition is part of the Company's long term strategy to support complex computing infrastructures, high-performance cloud computing, and enterprise digital transformation. ACS expects to close the Acquisition in approximately sixty days.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the first quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Hyperscale Data (GPUS) announce on March 30, 2026 about its Michigan campus?

Hyperscale Data announced an agreement to acquire approximately 48.5 acres to expand its Michigan campus. According to the company, the purchase will bring total owned acreage to about 83 acres, more than doubling its current landholdings there.

How will the 48.5-acre acquisition affect Hyperscale Data (GPUS) capacity for AI and HPC?

The acquisition provides additional land for future AI and high-performance computing development. According to the company, the added acreage creates space to expand complex computing infrastructure and support growing enterprise cloud and AI demand in Michigan.

When does Hyperscale Data (GPUS) expect the Michigan land acquisition to close?

ACS expects to close the acquisition in approximately sixty days. According to the company, that timeline sets a near-term window for consolidating ownership and planning future campus development activities.

How much land will Hyperscale Data (GPUS) own in Michigan after the acquisition?

After closing, the company will own about 83 acres in the Michigan campus area. According to the company, this amount represents more than double the acreage currently owned in that location.

Does Hyperscale Data (GPUS) disclose financial terms for the Michigan land purchase?

The announcement does not provide purchase price or financing details for the land acquisition. According to the company, the release focuses on acreage, strategic intent, and an expected close timeline of approximately sixty days.

What strategic rationale did Hyperscale Data (GPUS) give for the Michigan expansion?

The company said the land supports long-term strategy to back complex computing, high-performance cloud, and enterprise digital transformation. According to the company, the site expansion demonstrates a commitment to Southwest Michigan operations and future development.