Hyperscale Data, Inc. reports developments around its AI data center, Bitcoin mining and digital infrastructure operations. Through Sentinum, the company owns and operates a data center that mines digital assets and provides colocation and hosting services for AI ecosystems and other industries. Its Ault Capital Group subsidiary operates as a diversified holding company focused on businesses and technologies with global markets.
Recurring GPUS news includes Bitcoin treasury updates, digital and precious-metals asset strategy, the Michigan AI data center platform, robotics initiatives, blockchain and tokenized-asset discussions, preliminary operating results, capital-structure matters and broader strategic reviews.
Hyperscale Data (NYSE American: GPUS) announced live, invitation-only access through Ault Markets to the decentralized exchange operating on the Ault Blockchain. The exchange remains in beta, a testing-stage format. Ault Markets created the software that provides access to the exchange, which launched directly on the blockchain. Listing decisions and trading are not controlled by a centralized entity.
The company plans to expand the assets available through Ault Markets, including tokenized silver, gold and platinum, represented digitally on the blockchain. These additions have not launched; further announcements will provide details as they progress toward launch. Access remains restricted to invited participants. Interested users can request an invitation at AultMarkets.com and join the list for asset and platform updates.
Hyperscale Data (GPUS) reported approximately $56.4 million in Bitcoin, cash and restricted cash held as of October 4, 2026. Its 219.9586 Bitcoin had an aggregate value of approximately $19 million, based on a Bitcoin closing price of $86,480. Cash and restricted cash totaled approximately $37.4 million.
The company said its focus remains on strengthening its balance sheet to support its core businesses and advance development of its Michigan AI data center. Hyperscale Data expects to divest Ault Capital Group (ACG) in 2027 through a voluntary exchange of Series F Exchangeable Preferred Stock for ACG Class A and Class B common shares. Only Series F holders who surrender their shares in the exchange offer and do not properly withdraw that surrender will receive ACG shares.
Hyperscale Data (GPUS) will host a virtual investor day on November 12, 2026, covering Michigan AI expansion and portfolio strategic alternatives. The company reiterates preliminary 2027 guidance of $300–$350 million in revenue and $60–$80 million in Adjusted EBITDA, an adjusted earnings measure.
An executed master services agreement with a California-based neocloud provider contemplates an initial 20 MW of AI capacity. If the customer exercises all extension options and additional capacity rights, a potential 52 MW deployment could generate more than $3.0 billion over 20 years. Capacity beyond 20 MW depends on financing, approvals and infrastructure, among other conditions. Alternatives under evaluation include a Michigan Campus sale, a Sentinum initial public offering or continued campus ownership and development, alongside sale, partnership, divestiture or combination options for askROI. No definitive decision has been made.
Hyperscale Data (GPUS) is exploring alternatives for its askROI subsidiary, including a potential sale of askROI and its AI business or partnership. A divestiture is also under consideration if the company believes it could benefit askROI and shareholders. Preliminary discussions focus on combining askROI with a broader technology business to support product development, commercialization and distribution, involving potential partners in AI, blockchain infrastructure and software development.
The company is evaluating equity consideration that could let it retain ownership in a combined business. Hyperscale Data sees a potential transaction as a way to provide askROI with additional resources while management focuses on other priorities, including its Michigan AI data center opportunity. No transaction has been determined; further negotiation, due diligence, definitive agreements and applicable corporate and regulatory approvals would be required.
Hyperscale Data (GPUS) held approximately $56 million in Bitcoin, cash and restricted cash as of September 27, 2026. That total was approximately 153% of its common-stock market capitalization based on the stock’s September 28 closing price. The holdings included 219.0652 Bitcoin valued at approximately $18.5 million using a Bitcoin closing price of $84,458, plus approximately $37.5 million in cash and restricted cash.
The company is working to bring the initial contracted capacity at its Michigan AI data center online and begin recurring monthly revenue-generating operations. Its subsidiary previously entered a long-term agreement for AI infrastructure deployment there. Hyperscale Data expects to divest Ault Capital Group in 2027 through a voluntary exchange of Series F preferred shares for Ault Capital Group shares.
Ault & Company has invested $55 million in Hyperscale Data (GPUS) through purchases of convertible preferred stock.
The figure excludes open-market common-stock purchases. Ault & Company and its affiliates beneficially own approximately 62% of Hyperscale Data. Its Michigan subsidiary, Alliance Cloud Services, signed a customer agreement for an initial 20 megawatts (MW) of AI compute capacity, with a customer right to expand to 52 MW. Hyperscale Data expects revenue above $1.2 billion from the initial deployment only if the agreement remains in effect for its maximum 20-year term. If the customer exercises its expansion right and the additional capacity remains contracted for the applicable maximum term, potential total revenue could exceed $3.0 billion.
Hyperscale Data reported approximately $360 million in assets as of June 30, 2026, and $34.8 million in revenue for that quarter. Its management estimates the Michigan campus could be worth $750 million to $1.25 billion; that range is not an independent appraisal.
Hyperscale Data (GPUS) plans to form Patriot BTC as a new subsidiary to hold its Bitcoin mining operations and related assets. The company intends initially to transfer its Montana data center, Bitcoin miners, mining equipment and associated infrastructure into Patriot BTC to separate Bitcoin mining from its Michigan AI data center strategy. Management believes this could better align capital allocation, sharpen management focus and increase transparency into each business. Hyperscale Data is evaluating ways to position Patriot BTC within a publicly traded entity, but no structure or separation has been approved and there is no assurance any transaction will be completed. The company also reiterates its expectation that the divestiture of Ault Capital Group via exchange of 1,000,000 Series F Preferred shares will occur in 2027.
Hyperscale Data (GPUS) declared monthly cash dividends on its preferred shares, including $0.2708333 per share on its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock and $0.20833 per share on its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock.
The record date for both dividends is September 30, 2026, with payment scheduled for Tuesday, October 13, 2026. The company also outlines its plan to divest Ault Capital Group (ACG) in 2027 via a voluntary exchange of previously issued Series F Exchangeable Preferred Stock into ACG Class A and Class B common shares, available only to holders who surrender (and do not withdraw) their Series F shares in the exchange offer.
Hyperscale Data (GPUS) announced it has invested more than $70 million in Alliance Cloud Services and its Michigan AI data center. The spending covers a substantial portion of the capital needed to launch 20 MW of contracted AI compute capacity for a California-based neocloud customer under a previously signed master services agreement (MSA), with operations targeted to begin in November 2026 and revenue and cash flow expected from that point. The MSA runs an initial 10-year term with two five-year extensions and is expected to generate more than $1.2 billion in revenue over a full 20-year term, potentially exceeding $3.0 billion if the customer exercises its option to scale up to 52 MW.
The Michigan Facility has approximately 340 MW of potential capacity, so a full 52 MW deployment would leave about 270 MW available for future customers, subject to securing power, infrastructure, financing and regulatory approvals. Hyperscale Data is also evaluating strategic options for Alliance Cloud Services and the Michigan Facility, including further development, partnerships, additional customer deployments, a separation or IPO of ACS, or a sale of the facility. Separately, the company continues to plan the 2027 divestiture of Ault Capital Group via exchange of Series F Exchangeable Preferred Stock into ACG shares, available only to holders who validly surrender and do not withdraw their Series F shares in the exchange offer.
Hyperscale Data (GPUS) reported holding about $51 million in Bitcoin, cash and restricted cash as of September 13, 2026.
The company held 216.9480 Bitcoin, valued at approximately $16.7 million using a Bitcoin closing price of $76,838.16, plus about $34.3 million in cash and restricted cash. Based on the September 14, 2026 closing price of its common stock, these assets equal roughly 136% of Hyperscale Data’s market capitalization. The executive chairman said this balance sheet position supports ongoing investment in transforming the Michigan AI data center.
Hyperscale Data owns data center and AI-focused operations through Sentinum and plans a divestiture of Ault Capital Group (ACG), expected in 2027, via exchange of Series F Preferred Stock for ACG Class A and Class B common shares, available only to Series F holders who validly surrender and do not withdraw their shares in the exchange offer.