Hyperscale Data Increases Bitcoin Mining Capacity
The Company Expects to Approximately Double its Bitcoin Mining Output on Upgraded Miners
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company anchored by Bitcoin, recently announced an exciting development in its operations. The firm has finalized an order for 2,000 Bitmain S21 Pro Bitcoin miners. This substantial order adds to the previously received 2,099 Bitmain S21+ miners, resulting in a total of 4,099 new mining machines that will significantly bolster the Company’s capabilities.
The inclusion of the new S21 Pro miners, along with the recently acquired S21+, is projected to nearly double Hyperscale Data’s current Bitcoin production. This expansion is crucial as it will substantially ramp up the total hashrate at the Company’s data center in Michigan, referred to as the Michigan Facility. The latest S21 Pro miners will replace older generation S19J Pro miners while working alongside existing planned NVIDIA-powered artificial intelligence (AI) clusters within this facility.
Commitment to Digital Assets
Milton "Todd" Ault III, the Executive Chairman of Hyperscale Data, emphasized the Company's ongoing commitment to the digital asset space, particularly Bitcoin. He stated, "This latest purchase of S21 Pro's reinforces our commitment to the digital asset space, and Bitcoin specifically. By housing our Bitcoin mining operation and NVIDIA AI clusters under the same roof, we are maximizing our infrastructure efficiency and contributing to our $100 million Bitcoin treasury goal.” Ault believes that both digital assets and AI will contribute to each other’s growth moving forward.
The Company anticipates the arrival of the 2,000 S21 Pro miners within the coming weeks, with installation set for November. This development indicates a robust effort to improve mining efficiency in response to the increasing demand for Bitcoin.
About Hyperscale Data, Inc.
Hyperscale Data operates through its wholly-owned subsidiary, Sentinum, Inc., managing a data center focused on mining digital assets, along with providing colocation and hosting services tailored for emerging AI ecosystems and diverse industries. Furthermore, Hyperscale Data’s other subsidiary, Ault Capital Group, Inc. (ACG), is dedicated to pursuing growth via the acquisition of undervalued businesses and disruptive technologies with a significant global impact.
Looking ahead, Hyperscale Data is planning a divestiture of ACG, expected to occur in the second quarter of 2026. Post-divestiture, the Company will focus on being an owner and operator of data centers catering to high-performance computing needs, while also holding various digital assets. Until the divestiture, Hyperscale Data will continue providing mission-critical products across various industries, including AI software platforms and services for both the defense and healthcare sectors.
Investment and Shareholder Information
In a significant move, on December 23, the Company issued one million shares of a newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of Series C Preferred Stock on an as-converted basis. This strategic plan involves the voluntary exchange of Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG, contingent on the agreement of holders to surrender their shares for the exchange.
Frequently Asked Questions
What impact will the new miners have on Bitcoin production?
The new miners are expected to nearly double Hyperscale Data's current Bitcoin production, significantly enhancing its operational capabilities.
When will the new miners arrive?
The 2,000 S21 Pro miners are expected to arrive within the coming weeks, with installation planned for November.
What is Hyperscale Data’s primary business focus?
Hyperscale Data primarily focuses on mining digital assets and offering colocation and hosting services for AI ecosystems.
What subsidiaries does Hyperscale Data operate?
Hyperscale Data operates through its subsidiary Sentinum, Inc. and has another subsidiary, Ault Capital Group, Inc., that focuses on acquiring undervalued businesses.
What is the expected timeframe for ACG’s divestiture?
The divestiture of ACG is expected to occur in the second quarter of 2026, paving the way for the Company to focus on high-performance computing services and digital asset management.
