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Hyperscale Data, Inc.
Video analysis: GPUS
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News: GPUS
Hyperscale Data Establishes $750 Million Minimum Sale Threshold for Michigan AI Data Center; Management Believes Value Could Reach or Exceed $1.25 Billion
Executed MSA Provides for Initial 20 MW Deployment with Potential Expansion to 52 MW LAS VEGAS, Sept. 14, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that management has established $750 million as the minimum valuation at which it presently believes a sale of the Company's Michigan AI data center campus (the "Michigan Campus") would merit serious consideration.
Alset AI Announces Extension of Lyken.AI Cloud Compute Services Contract with Multinational Technology and Telecommunications Company
Purchase orders totaling approximately C$580,000 extend cloud compute services from August 25, 2026 through March 31, 2027 VANCOUVER, BC / ACCESS Newswire / September 8, 2026 / Alset AI Ventures Inc. (TSXV:GPUS)(OTCQB:GPUSF)(FSE:1R61, WKN:A40M0J) ("Alset AI", "Alset" or the "Company"), an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that its 90.1%-owned cloud compute business, Lyken AI Computing Inc., operating as Lyken.AI ("Lyken"), has received purchase orders with an aggregate value of approximately C$580,000 that extend services under its previously announced cloud compute services agreement with a leading multinational technology and telecommunications company from August 25, 2026 through March 31, 2027. The extension follows the Company's May 14, 2026 update regarding the continuation of the customer relationship, which commenced in February 2026.
Hyperscale Data Announces a Special Dividend of Class B Common Stock
All Common and Preferred Stockholders to Receive Planned Dividend LAS VEGAS, Sept. 4, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data," or the "Company"), announces that it plans to issue a special one-time dividend (the "Distribution") of 20,000,000 shares (the "Issuable Shares") of its Class B Common Stock (the "Class B Common Stock") to all holders of its Common Stock (which we refer to in this press release as the "Class A Common Stock") and its Class B Common Stock (with the Class A Common Stock, the "Common Stock") as well as its Series B Convertible Preferred Stock, Series C Convertible Preferred Stock, Series G Convertible Preferred Stock and Series H Convertible Preferred Stock (collectively, the "Preferred Stock") on an as-converted basis.
Hyperscale Data Holds Approximately $53 Million in Cash, Restricted Cash and Bitcoin, Representing Nearly 200% of Recent Market Capitalization
LAS VEGAS, Sept. 4, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that, as of September 3, 2026, it held approximately $36 million in cash and restricted cash and approximately 215 Bitcoin.
Hyperscale Data's Net Book Value Was Approximately $0.95 Per Share and Its Gross Asset Value Was Approximately $3.10 Per Share as of June 30, 2026
The Company Had Approximately $110 Million of Net Stockholders' Equity and Approximately $360 Million of Total Assets as of June 30, 2026 LAS VEGAS, Sept. 3, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today provided an update regarding its book value and asset value based on its financial position as reported in its Form 10-Q for the quarter ended June 30, 2026.
Hyperscale Data Executive Chairman Issues Letter to Stockholders
LAS VEGAS, Sept. 3, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today issued the following letter to its stockholders from its Founder and Executive Chairman, Milton "Todd" Ault III.
Hyperscale Data Has Ceased Bitcoin Mining Operations in Michigan as It Fulfills the Requirements of the AI Data Center Master Services Agreement Expected to be Worth Approximately $1.2 Billion
Master Services Agreement Has Expansion Potential of up to Approximately $3 Billion Using Approximately 20% of the Potential 340 Megawatts of Total Eventual Power Capacity at the Michigan Data Center LAS VEGAS, Sept. 2, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it has ceased all Bitcoin mining operations at its Michigan data center (the "Facility") and was undertaken as the Company is preparing the Facility for deployment of its customer's AI data center infrastructure pursuant to the previously announced master services agreement ("MSA").
Hyperscale Data Highlights Blockchain Software Revenue Growth; Second Quarter Other Revenue, Consisting Largely of Blockchain-Related Revenue, Increased 647%
High Margin Blockchain-Related Revenue Contributed to 44% Increase in Quarterly Gross Profit; First-Half Revenue Increased 55% and Gross Profits Increased 109% LAS VEGAS, Sept. 1, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today highlighted the growth and early commercialization of its blockchain software initiatives during the three and six months ended June 30, 2026.