Hyperscale Data, Inc.

Hyperscale Data said it has invested more than $70M in Alliance Cloud Services and its Michigan AI data center, with operations under a previously announced master services agreement expected to begin in November 2026. The investment has funded a substantial portion of the capital needed to prepare the facility for an initial 20 MW AI compute deployment to a California-based neocloud provider, and the company said it has acquired a substantial amount of the equipment needed to bring the contracted capacity online. The agreement covers an initial 20 megawatts of critical AI compute capacity for 10 years, with two five-year extension options, and if maintained for the full 20-year term is expected to generate more than $1.2B in revenue. The customer can expand the deployment to 52 MW, which could generate more than $3B in revenue over 20 years, while the Michigan facility has about 340 MW of potential capacity, leaving about 270 MW for future customers after a full 52 MW deployment. The stock price scaled about 4.4% on Thursday during pre-market trade.

Hyperscale Data has set $750M as the minimum valuation at which it would seriously consider selling its Michigan AI data center campus. Management estimates the Michigan Campus could be worth between $750M and $1.25B, based on its master services agreement, existing infrastructure and power access, expansion potential, and valuations of comparable AI infrastructure companies. The company is also weighing other options to maximize shareholder value, including a potential sale of the Michigan Campus, an IPO of wholly owned subsidiary Sentinum, selling a minority stake in Sentinum to fund expansion, or continuing to own and develop the campus. No definitive decision has been made on any transaction.

Hyperscale Data has ceased all Bitcoin mining operations at its Michigan data center to prepare the facility for deployment of its customer's AI data center infrastructure under a previously announced master services agreement. The MSA with a California-based neocloud provider covers an initial 20 megawatts, has a 10-year term with two five-year extension options, and is expected to generate over $1.2 billion in revenue if the maximum term is exercised. The agreement also grants the customer a right to an additional 32 megawatts of critical AI compute capacity, which, if exercised within the first two years and continued through the extensions, could bring total contract revenue above $3 billion. Shares of Hyperscale Data were up 1.2% in premarket trading.

Hyperscale Data has sold approximately 685 Bitcoin for about $43 million to help finance the expansion of its Michigan data center. The Las Vegas-based company, which trades on the NYSE American under the ticker GPUS, said the sale gives it more flexibility to manage debt, equity, and capital structure, and it has reduced debt by roughly $30 million. Executive Chairman Milton Ault said the move is about capital allocation, converting a portion of a highly liquid asset to accelerate development of a key portfolio asset. Hyperscale still holds 275 Bitcoin, down from about 960 before the sale, and plans to continue mining Bitcoin and may rebuild holdings over time. The Michigan facility is central to Hyperscale's shift toward AI infrastructure through its Sentinum subsidiary, which provides colocation and hosting for AI companies.

Hyperscale Data Inc. has begun monetizing part of its bitcoin treasury to fund construction at its Michigan AI data center campus. The company sold about 100 bitcoin and directed the proceeds toward construction, critical infrastructure, and long-lead equipment tied to a master services agreement with an unnamed neo-cloud AI infrastructure provider. That agreement initially covers roughly 20 megawatts of critical AI compute capacity over 10 years, with two five-year extension options, and is expected to generate more than $1.2 billion if it reaches the maximum term. The customer also holds an option for another 32 megawatts, which if exercised within the first two years and extended across the full contract period would raise total expected revenue above $3 billion. Hyperscale Data has paired the bitcoin sale with a new credit facility that allows borrowing against its remaining holdings at variable rates expected to range from 4.5% to 5%, providing non-equity capital while reducing dependence on short-term share issuance.

Hyperscale Data, Inc. 13% CUM RED PFD declared a monthly dividend of $0.2708 per share, in line with the previous payout. The dividend is payable on August 10 to shareholders of record as of July 31, with the ex-dividend date also set for July 31. The forward yield on the preferred shares is 16.74%.

Hyperscale Data announced that as of July 12, 2026, it held 1,032.4959 Bitcoin with an aggregate value of approximately $65.8 million. The holdings are held by its wholly owned subsidiaries Sentinum and Ault Capital Group. During the week ended July 12, 2026, Ault Capital Group purchased approximately 130 Bitcoin in the open market. Based on the Bitcoin closing price of $63,758 on July 12, 2026, the collective holdings had an approximate market value of $65.8 million.

Hyperscale Data announced on Thursday that it has surpassed 1,000 Bitcoin in its corporate treasury. Executive Chairman Milton “Todd” Ault III believes the Bitcoin treasury provides financial flexibility, including potential use as collateral for future financing, while supporting its AI infrastructure strategy and diversifying its balance sheet. The company also expects to continue managing and expanding its Bitcoin treasury based on market conditions and capital allocation opportunities.

Hyperscale Data announced that its subsidiary, Alliance Cloud Services, has signed a long-term services agreement with a California-based cloud infrastructure provider. The master services agreement provides for the deployment of 20 megawatts of critical AI compute capacity expected to be operational during the fourth quarter of 2026, with an option for the customer to expand up to a total of 52 megawatts. The initial term is 10 years with two five-year extension options, and if exercised for the maximum term, the agreement is expected to generate in excess of $1.2 billion in revenue. The customer also has a right to an additional 32 megawatts of critical AI compute capacity, which, if exercised within the first two years of the initial term and continued through the two five-year extension options, would be expected to result in total contract revenue exceeding $3 billion.

Hyperscale Data Inc. shares have rallied more than 157% over the past month as the company advances negotiations on a potential billion-dollar AI infrastructure deal. The stock was trading about 47% higher intraday near $0.38. Through its subsidiary Alliance Cloud Services, the company expects to enter a master services agreement to provide colocation and related services for AI deployments, with the first 10 megawatts of capacity operational within 90 days and an additional 10 megawatts in the subsequent 90-day window. The 20-megawatt deployment, with renewal options of up to 20 years, is projected to generate over $1 billion in revenue over its term, while an additional 32 megawatts anticipated by 2028 could add another $1.5 billion, bringing the combined 52 megawatts to roughly $2.5 billion over two decades. To accommodate the AI workloads, Hyperscale Data will likely wind down Bitcoin mining at its Michigan campus, which could eventually support over 300 megawatts of total power capacity, though no definitive agreements have been signed. The company also disclosed a Bitcoin treasury of 713.5884 Bitcoin worth roughly $46.9 million, along with approximately $40.2 million in cash and restricted cash and 10,000 ounces of silver, representing about 73.34% of its market capitalization.