Hyperscale Data to retain all mined Bitcoin, focus on AI data centers

Hyperscale Data, Inc. (NYSE American: GPUS) announced a strategic shift to retain all Bitcoin generated from its mining operations rather than selling the cryptocurrency to cover expenses, according to a letter to stockholders from founder and Executive Chairman Milton "Todd" Ault III.

The company plans to build positions in Bitcoin and XRP as part of its digital asset accumulation strategy. Beginning September 2, 2025, Hyperscale Data will publish weekly reports of its Bitcoin and XRP holdings. The company currently mines approximately 190 Bitcoin annually.

Hyperscale Data is repositioning as a company focused on two areas: AI-optimized data centers and digital asset holdings. The company's Michigan facility, owned by subsidiary Alliance Cloud Services, is preparing to increase power capacity from 30 megawatts to 70 megawatts over 20 months through new natural gas infrastructure. The facility's power capacity could eventually reach 340 megawatts, subject to agreements with utility providers and funding.

The company is developing data centers on two Montana properties with land leases and power purchase agreements. If completed, these facilities would provide up to 20 megawatts of combined power capacity, though development is currently on hold.

Hyperscale Data plans to separate its other wholly owned subsidiary, Ault Capital Group, which operates across lending, defense, fintech, blockchain, hospitality, and industrial services. The separation is expected to occur in the first quarter of 2026.

The company reported 2025 revenue guidance of $125 million to $135 million and total assets of $214 million as of June 30, 2025. Ault & Company, controlled by Ault, is the largest stockholder with more than $51 million invested.

Hyperscale Data's defense affiliate Gresham Worldwide received court approval for its Chapter 11 reorganization plan and is expected to emerge October 1, 2025, as a subsidiary of Ault Capital Group.

You May Also Be Interested In

• Morgan Stanley Starts Sampo Oyj (SAMPO:FH) (SAXPY) at Equalweight
• Clear Street Starts One Stop (OSS) at Buy
• Jefferies Starts Buzzi Unicem SpA (BZU:IM) (BZZUY) at Hold