Hyperscale Data Launches $100 Million Bitcoin Treasury Strategy as Part of Ongoing Transformation into Pure Play AI and Digital Asset Company

Rhea-AI Summary

Hyperscale Data (NYSE American: GPUS) has announced a major strategic transformation with two key initiatives: a $100 million Bitcoin treasury strategy and the expansion of its Michigan AI data center facility.

The Bitcoin treasury program will be funded through the sale of Montana data center assets and an at-market equity program. The Michigan campus currently provides 30 MW of power capacity and is planned to expand to 70 MW in the next 20 months, with potential future growth to 340 MW pending regulatory approval and funding.

The facility, operated through subsidiary Sentinum, focuses on supporting enterprise AI and cloud clients using NVIDIA GPU-based infrastructure. The company will continue its weekly crypto holdings reporting policy as part of its transparency commitment.

Positive

• Strategic transformation into pure play AI and digital asset company
• Planned expansion of Michigan facility from 30 MW to 70 MW in 20 months
• Potential long-term expansion to 340 MW of capacity
• Monetization of Montana assets to fund growth initiatives
• Established experience in digital assets through Sentinum subsidiary

Negative

• Michigan expansion subject to regulatory approval and funding uncertainty
• Significant capital requirements for both Bitcoin treasury and facility expansion
• Exposure to volatile Bitcoin market through treasury strategy
• Dependence on NVIDIA GPU availability for customer deployments

Company to Focus on Michigan AI Data Center Expansion While Building One of the Largest Corporate Bitcoin Treasuries

LAS VEGAS, Sept. 15, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced the launch of a $100 million Bitcoin treasury strategy as part of its transformation into a pure play artificial intelligence ("AI") data center and digital asset company. The initiative will be funded, in part, by proceeds from the sale of the Company's Montana data center assets, which were recently announced for sale, as well as by capital raised through its previously announced at-the-market equity program. In parallel, Hyperscale is accelerating the expansion of its flagship Michigan campus, where customer-installed NVIDIA graphics processing unit ("GPU") servers are enabling advanced AI and high-performance computing ("HPC") workloads.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data has mined Bitcoin for years, providing a foundation of operational expertise in digital assets. Building on this experience, the Company now plans to hold Bitcoin as a primary treasury reserve asset, similar to the approach pioneered by MicroStrategy, while continuing to invest in Michigan as its long-term infrastructure hub.

As part of its treasury program, Hyperscale Data will continue publishing its crypto asset holdings weekly, reinforcing its commitment to transparency and accountability.

The Michigan facility, owned by Alliance Cloud Services, LLC, a wholly owned subsidiary of the Company's wholly owned subsidiary Sentinum, Inc. ("Sentinum"), currently provides approximately 30 megawatts ("MW") of power capacity. The Company is advancing a staged build-out that is expected to reach 70 MW over the next 20 months through new natural gas distribution infrastructure enabling on-site generation. Ultimately, subject to reaching an agreement with the local utility provider, navigating unknown regulatory challenges and securing appropriate funding, Hyperscale Data anticipates the Michigan campus could expand to approximately 340 MW of capacity. The facility is being purpose-built to support enterprise AI and cloud clients deploying GPU-based infrastructure, with NVIDIA technology expected to remain a cornerstone of customer demand.

"This marks a pivotal moment in Hyperscale Data's evolution," said William B. Horne, Chief Executive Officer of Hyperscale Data. "With the Michigan campus positioned to become an extremely valuable asset over time, and with Bitcoin now serving as a core treasury reserve, we are building a company anchored in two of the most dynamic forces of our era: artificial intelligence and digital assets. By focusing our resources to accelerate Bitcoin accumulation while also expanding Michigan, we are pursuing a dual strategy designed to create long-term value for our shareholders and position Hyperscale Data as a differentiated growth story."

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, 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, Ault Capital Group, Inc. ("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 2026. Upon the occurrence of the Divestiture, the Company will be an owner and operator of data centers to support HPC services, as well as a holder of 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 and hotel operations. In addition, ACG is actively engaged in providing 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

What is Hyperscale Data's (GPUS) new Bitcoin treasury strategy?

Hyperscale Data is launching a $100 million Bitcoin treasury strategy, funded by Montana data center asset sales and an at-market equity program, aiming to hold Bitcoin as a primary reserve asset.

How much power capacity will Hyperscale Data's Michigan facility have?

The facility currently has 30 MW capacity, plans to expand to 70 MW in 20 months, with potential future growth to 340 MW subject to approvals and funding.

How is Hyperscale Data funding its Bitcoin treasury program?

The program will be funded through proceeds from the sale of Montana data center assets and capital raised through an at-market equity program.

What is the focus of Hyperscale Data's Michigan data center?

The Michigan facility focuses on supporting enterprise AI and cloud clients deploying NVIDIA GPU-based infrastructure for AI and high-performance computing workloads.

How often will Hyperscale Data report its crypto holdings?

Hyperscale Data will publish its crypto asset holdings on a weekly basis as part of its commitment to transparency and accountability.