Articles from Hyperscale Data, Inc.

Exchange to Be Headquartered in Nevada, Embracing Current Administration’s Vision for U.S. Cryptocurrency Leadership

LAS VEGAS, May 28, 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, Ault Capital Group, Inc. (“ACG”) intends to purchase up to $10 million in XRP, the digital asset developed by Ripple Labs and native to the XRP Ledger, by the end of 2025. The XRP, when purchased, will be deemed a crypto asset and held on the Company’s balance sheet at fair value with changes recognized in operating expenses on the consolidated statements of operations. This strategic move is designed to support the Company’s broader expansion into financial services through ACG.

Bitnile.com to Launch Nile Coin on Solana Blockchain on May 1, 2025

LAS VEGAS, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirect, wholly owned subsidiary Alliance Cloud Services, LLC (“ACS”) has reached an agreement in principle with the local utility expected to energize ACS’ Michigan data center (the “Data Center”), enabling ACS to increase its power capacity from approximately 30 megawatts (“MW”) to 300 MW. The completion of the power upgrade is anticipated to take 44 months from execution of a formal Letter of Authorization (the “LOA”) between ACS and the utility, which is currently being negotiated.

LAS VEGAS, Feb. 07, 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”) mined approximately 19.2 Bitcoin in the month of January 2025, which were mined at the Company’s data center in Michigan (the “Data Center”). The January monthly mining run rate of approximately $1.9 million in Bitcoin mining revenue is based upon a current Bitcoin price of approximately $97,000.

LAS VEGAS, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced an update from its wholly owned subsidiary Alliance Cloud Services, LLC (“ACS”). ACS mined approximately 20 Bitcoin during November 2024 resulting in an annualized run rate of approximately $26 million in gross Bitcoin mining revenue. This approximate gross Bitcoin mining revenue figure is based upon a Bitcoin price of $106,000.

Company in Negotiations to Develop and Lease its Michigan Data Center in a Significant Transaction

LAS VEGAS, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that it has mined 640 Bitcoin year to date through November 26, 2024. Of this total, approximately 380 were mined at the Company’s facility in Michigan, with the remaining approximately 260 Bitcoin from mining machines previously hosted by Core Scientific, Inc.

All Common and Series C Convertible Preferred Stockholders to Receive Planned Dividend

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is October 31, 2024, and the payment date is Tuesday, November 12, 2024.

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that two of its defense industry subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are seeing an increase in demand for their products, which they believe are due to the current situation in the Middle East. As the conflict has unfolded, the defense subsidiaries have seen a marked increase of governments and contractors looking for defense technologies and solutions. The ongoing crisis has put a tremendous strain on inventory supplies and production schedules as companies strive to support the urgent needs of clients across these strategic regions.

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that its wholly owned indirect subsidiary, Third Avenue Apartments LLC, has signed a Purchase and Sale Agreement (“PSA”) with a large New York based real estate firm, to sell its St. Petersburg development property. The decision to sell the property aligns with the previously announced reorganization efforts and the Company’s desire to streamline operations and create a pure-play data center business.

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today shared a letter from its Chief Executive Officer to its stockholders.

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is September 30, 2024, and the payment date is Thursday, October 10, 2024.