Welcome to our dedicated page for Hyperscale Data news (Ticker: GPUS), a resource for investors and traders seeking the latest updates and insights on Hyperscale Data stock.
Hyperscale Data Inc. (GPUS) provides mission-critical industrial solutions and bitcoin mining operations across eight specialized business units. This news hub offers investors and analysts centralized access to press releases and updates spanning energy infrastructure, defense technologies, digital asset management, and advanced industrial services.
Track earnings announcements, strategic partnerships, and operational developments from SMC's specialized products to Sentinum's efficiency initiatives. Discover how GPUS integrates bitcoin mining with industrial expertise through GIGA's data solutions and TurnOnGreen's energy projects.
Our curated news collection enables informed analysis of this diversified holding company's cross-sector performance. Bookmark this page for real-time updates on technology finance developments, infrastructure expansions, and market-moving announcements across all operational segments.
Hyperscale Data (NYSE: GPUS) has announced plans to resume Bitcoin mining operations at one of its two Montana sites around June 10, 2025. The site, completed in 2024, has a 10-megawatt power capacity capable of operating up to 3,200 S19j Pro Antminers. The company will initially restart with 2,600 Antminers and plans to reach full capacity of 3,200 miners by July 2025.
CEO William Horne cited the recent increase in Bitcoin price as the primary reason for resuming operations, expressing confidence that current Bitcoin prices are sustainable and will enable positive cash flow from the Montana mining operations.
Hyperscale Data's (NYSE: GPUS) subsidiary BitNile.com has launched Nile Coin (NILE) on the Solana blockchain on May 3, 2025. The company minted 500 billion Nile Coins with a current market cap of approximately $164.5 million at $0.000329 per coin. BitNile.com initially provided 100 million Nile Coin and 11 SOL to the liquidity pool on Raydium, selling approximately 76.6 million coins to date.
The treasury wallet currently holds over 3.2 billion Nile Coins, with 99.8% of supply (≈498.9B NILE) secured in a Streamflow-audited smart contract, vesting linearly with ~0.46B NILE released daily over 36 months. BitNile.com plans to integrate Nile Coin as a payment option on its social gaming platform around June 1, 2025.
Hyperscale Data (NYSE: GPUS) has announced preliminary Q1 2025 revenue of $25 million and provided full-year 2025 guidance of $115-125 million. The company reported growth across several subsidiaries, including Ault Global Real Estate Equities, Circle 8 Crane Services, and TurnOnGreen. A significant one-time gain of $9.7 million was recognized from the deconsolidation of Avalanche International.
The company is strategically transitioning its Michigan facility into an AI data center, positioning itself to capitalize on AI infrastructure growth. Management is also executing a strategic plan that includes divesting non-core assets to focus on high-growth sectors.
Hyperscale Data (NYSE American: GPUS) has announced the successful launch of its subsidiary askROI's artificial intelligence platform on both the Apple App Store and Google Play. The platform has achieved significant early success with over 30,000 downloads and strong daily average user growth.
askROI's platform combines advanced business intelligence capabilities with an intuitive interface, making data analysis accessible to users of all technical skill levels. The AI and machine learning-powered solution helps businesses extract actionable insights from their data for improved decision-making. The company has also announced plans to release a new product in the coming weeks.
Hyperscale Data (NYSE American: GPUS) has announced that its subsidiary BitNile.com will launch Nile Coin on the Solana blockchain platform on May 1, 2025. BitNile.com, a U.S.-based social gaming platform, chose Solana for its high-performance infrastructure, streamlined onboarding process, transaction speed, and scalability.
The company plans to provide additional updates regarding the future utility of Nile Coin in the coming weeks. BitNile.com's CEO Joe Spaziano emphasized that this launch represents a strategic step in expanding their platform while focusing on leveraging advanced technologies to enhance user engagement and drive long-term stakeholder value.
Hyperscale Data (NYSE American: GPUS) has announced two dividend-related decisions for its preferred stock series. The Board declared a monthly cash dividend of $0.2708333 per share for the 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, with a record date of April 30, 2025, and payment date of May 12, 2025.
Additionally, for the 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock, the company will pay the previously deferred March dividend of $0.20833 per share on May 12, 2025. However, the Board has elected to defer the April 2025 monthly dividend for Series E. The company notes that it can defer up to 12 consecutive monthly payments for Series E without considering them missed, as these are cumulative dividends that accrue for future payment.
Hyperscale Data (NYSE American: GPUS) has reported its Bitcoin mining performance through its subsidiary Sentinum. The company mined 56 Bitcoin in Q1 2025 (January to March), bringing its total to 3,061 Bitcoin mined since operations began in March 2021.
CEO William B. Horne highlighted the efficiency of Sentinum's mining operations and announced plans to relocate the majority of their Bitcoin mining operations alongside the development of their Michigan Data Center. The company commits to providing ongoing updates to stockholders regarding this transition.
Hyperscale Data (NYSE: GPUS) has secured up to $50 million in new equity financing through an agreement with an unaffiliated institutional investor. The deal involves the purchase of up to 50,000 shares of Series B Convertible Preferred Stock through monthly closings of minimum $1 million each.
The capital will accelerate the construction of the company's Michigan data center, which is being developed as a hyperscale-ready campus targeting enterprise, artificial intelligence (AI), and high-performance computing cloud providers. The facility will feature advanced cooling technologies, robust power infrastructure, and focus on sustainable operations.
The expansion of power capacity at the Michigan facility will commence in the coming months, with regular stockholder updates planned on the buildout progress.