Hyperscale Data Subsidiary Sentinum Signs Hosting Agreement to Expand its Bitcoin Mining and Participate in Energy Curtailment Program
- Access to 20 megawatts of energy capacity for Bitcoin mining operations
- Deployment of 6,800 previously dormant S19j Pro Antminers
- Additional revenue stream through energy curtailment program with 50-50 profit sharing
- Flexible infrastructure allowing optimization between mining and grid support
- Agreement requires 90-day notice for termination
- Mining operations can be interrupted during high grid demand periods
- Short initial contract term of only one year
Insights
Hyperscale Data's subsidiary plans to deploy 6,800 Bitcoin miners with dual revenue potential from mining and grid services.
Hyperscale Data's subsidiary Sentinum has secured a strategic 20-megawatt hosting agreement that will activate 6,800 previously dormant S19j Pro Antminers by the end of June 2025. This deployment represents a significant operational expansion that capitalizes on two distinct revenue streams.
The primary revenue source will be Bitcoin mining operations, with the S19j Pro units offering approximately 100 TH/s of hashrate per machine. At full deployment, this would add roughly 680 PH/s to Sentinum's mining capacity – a substantial increase that could meaningfully impact their Bitcoin production rate.
What makes this agreement particularly innovative is the energy curtailment program, which creates a secondary revenue stream. During periods of high grid demand, the facility can redirect power to the utility grid, with profits split equally between Sentinum and the service provider. This effectively transforms the mining operation into a flexible power asset that can monetize electricity market volatility.
The one-year agreement with automatic renewals provides operational flexibility while securing medium-term infrastructure access. By activating previously dormant hardware, Sentinum is improving capital efficiency by putting existing assets to productive use rather than requiring new capital expenditure.
This dual-purpose approach – using the same infrastructure for both Bitcoin production and grid services – represents an evolution in mining economics that can potentially improve profitability resilience during market downturns by diversifying revenue beyond cryptocurrency prices alone.
LAS VEGAS, June 10, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”), has entered into a Hosting Services Agreement (the “Agreement”) with Montana OP LLC (the “Service Provider”) at its data center in Montana. Under the Agreement, the Service Provider will provide Sentinum with operations and asset management services and access to approximately 20 megawatts of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations.
The Agreement has an initial term of one year with automatic one-year renewals unless either Sentinum or the Service Provider elects to terminate the Agreement 90 days prior to the end of the current term. Sentinum anticipates deploying approximately 6,800 S19j Pro Antminers at the Service Provider’s data center, which are expected to be delivered, installed and in operation by the end of June 2025. The Agreement provides that, during periods of high demand on the utility grid, the Service Provider has the option to curtail the electrical load to the facility and redirect the electrical load to the utility grid. Upon any curtailment, the net profits from such energy sales shall be equally split between Sentinum and the Service Provider.
“We are excited about this new partnership with the Service Provider and are looking forward to capitalizing on the increased price of Bitcoin and the potential revenue from any curtailment that may occur,” said Milton “Todd” Ault, III, Founder and Executive Chairman of Hyperscale Data. “The Sentinum team continues to deliver strong results to the Company and is confident that the deployment of these 6,800 Bitcoin mining machines, which have been dormant, will meaningfully improve its Bitcoin mining operations.”
Plant Director for the site, Robert Goldman echoed this enthusiasm, saying “We’re are excited to partner with Sentinum on this near-term deployment and support their expansion. This agreement underscores the strength of our platform – flexible infrastructure that ensures the best use of megawatt-hours. The Bitcoin mining facility serves as a hedge to the grid: when power prices are high, we can sell power to the grid; when prices are low, we can use that power to cost-effectively produce Bitcoin.”
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 artificial intelligence (“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 expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. 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 Convertible 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 stockholders 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.
Hyperscale Data Investor Contact:
IR@hyperscaledata.com or 1-888-753-2235
FAQ
What is the energy capacity provided to Sentinum under the Montana OP LLC hosting agreement?
How many Bitcoin miners will GPUS deploy under the new hosting agreement?
When will GPUS's new Bitcoin mining operation be operational?
How does the energy curtailment program work in GPUS's hosting agreement?
What is the duration of GPUS's hosting agreement with Montana OP LLC?
