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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 American: GPUS) has secured a significant financing agreement with Ault & Company for up to $100 million through the issuance of Series H Convertible Preferred Stock. The preferred shares, carrying a 9.5% annual dividend rate, will be convertible into Common Stock at a price of the greater of $0.10 per share or the lesser of $0.79645 or a 5% premium to the 5-day VWAP.
The financing proceeds will primarily fund the expansion of MI data center infrastructure to support high-performance computing services for AI solutions, debt repayment, and working capital. The agreement includes multiple closings through December 31, 2026, subject to regulatory and stockholder approval, as well as A&C's ability to secure financing.
Hyperscale Data (NYSE American: GPUS) announced that its subsidiary askROI has achieved a significant milestone of over 700,000 cumulative app downloads across the Apple App Store and Google Play platforms.
The company plans to launch an enhanced fully native mobile version of askROI in the coming weeks, featuring new financial tools and AI agents designed to provide deeper insights and faster response times. With a target of reaching one million downloads, askROI aims to expand its development team and accelerate international growth initiatives.
Hyperscale Data (NYSE American: GPUS) has clarified that its planned $10 million $XRP acquisition will remain on the company's balance sheet and not be transferred to Ault Capital Group (ACG). The company plans to divest ACG by December 31, 2025, though this timeline is not guaranteed.
ACG will pursue its own separate $XRP acquisition strategy and develop an $XRP lending platform, with details to be announced in the coming months. The company will begin weekly reporting of its $XRP acquisitions starting August 12, 2025. This strategic move aligns with Hyperscale Data's transformation into a focused data center business.
Hyperscale Data (NYSE American: GPUS) announced that its subsidiary Alliance Cloud Services (ACS) has entered into an engineering design agreement with SEMCO Energy Gas Company to develop natural gas infrastructure for its Michigan data center. The project aims to enable 40 megawatts of incremental on-site power generation capacity.
Under the agreement, SEMCO will conduct preliminary engineering and design work for pipeline routing and metering infrastructure. The parties plan to negotiate a definitive facility construction agreement in the coming months, with an expected construction completion timeline of 15 months after execution.
Hyperscale Data (NYSE American: GPUS) has announced it will begin publishing weekly updates on its $XRP acquisition activity starting August 12, 2025. The company has initiated its previously announced strategy to acquire up to $10 million worth of $XRP.
The initiative aims to enhance transparency in digital asset investment operations and demonstrates the company's commitment to long-term $XRP accumulation. Hyperscale Data is considering implementing a 36-month lockup period for its $XRP holdings and potentially expanding the $10 million program, subject to market conditions and available financing.
Hyperscale Data (NYSE American: GPUS) announced that its indirect subsidiary Ault Global Real Estate Equities (AGREE) has secured a significant financing deal through its minority holding, Fouquet's New York. The financing package of $145 million was completed with Goldman Sachs-affiliated funds.
The transaction allows Fouquet's to refinance its senior debt at favorable leverage terms, with potential for increased future cash flow. Executive Chairman Milton "Todd" Ault III expressed confidence in Fouquet's position as an emerging iconic New York property.
Hyperscale Data (NYSE American: GPUS) announced that its subsidiary BitNile.com has revealed strategic plans for its $NILE utility token on the Solana blockchain. The token currently has a market capitalization of $103 million, with BitNile holding 99% of the supply.
BitNile's Web3 strategy includes launching mobile games that integrate $NILE for rewards and NFT licenses, implementing a validator node network for blockchain gaming events, and developing blockchain applications. The company plans to expand token accessibility through centralized exchanges in the second half of 2025.
Hyperscale Data (NYSE American: GPUS) has unveiled plans for a major expansion of its Michigan AI data center campus to 340 megawatts (MW) by 2029. The company currently operates 30 MW and plans to increase to 70 MW within 20 months, with full buildout expected within 44 months of utility agreement execution.
To support this expansion, Hyperscale Data has filed a $125 million shelf registration, though no immediate capital raise is planned. The 34-acre Michigan facility currently generates revenue through digital asset mining and colocation services for AI ecosystems. The company has reached preliminary agreements with local utilities to increase available power to 300 MW plus an additional 40 MW from natural gas.
Hyperscale Data (NYSE American: GPUS) reported preliminary Q2 2025 revenue of $25.8 million, marking a 45% increase from $17.8 million in Q2 2024. The company reaffirmed its full-year 2025 revenue guidance of $125-135 million.
Key developments include debt reduction of over $20 million year-to-date, expansion of digital asset mining operations, and the anticipated reconsolidation of Gresham Worldwide by October 1, 2025. Gresham is expected to contribute approximately $10 million in Q4 2025 revenue, with potential annualized revenue contribution of $40 million on a pro forma basis.
Growth was driven by commercial lending, TurnOnGreen's electronic power solutions, and improved hotel asset performance. The company is advancing development of a 617,000 square-foot AI data center in Michigan and expanding into blockchain infrastructure with high-margin software solutions.
Hyperscale Data (NYSE American: GPUS) has announced monthly dividend declarations for two of its preferred stock series. The company will pay a dividend of $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock and $0.20833 per share for its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock.
Both dividends share the same record date of July 31, 2025, and payment date of August 11, 2025.
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