Las Vegas, September 29th / PRNewswire / — A company specializing in artificial intelligence data centers ( AI ) backed by Bitcoin, Hyperscale Data , Inc . ( NYSE American : GPUS ) announced on Monday that as of September 27, 2026, the company held 219.0652 Bitcoins, which, at the closing price of $84,458 per Bitcoin, amounted to a total value of approximately $18.5 million. In addition, the company also held about $37.5 million in cash and restricted cash.
Calculated based on the closing price of the company's common stock on September 28, 2026, these bitcoins, cash, and restricted cash amount to approximately 56 million US dollars, which is equivalent to about 153% of the company's current market value.
Hyperscale Data Executive Chairman Milton “Todd” Ault III states: “We focus on our AI data center in Michigan. We are confident that the $56 million in Bitcoin, cash, and restricted cash puts the company in a strong financial position, enabling us to continue to fulfill our commitments to customers and drive the launch of the initial phase. The Michigan AI data center is a top priority for us, and we look forward to seeing this facility begin to generate free cash flow in the near future.”
Hyperscale Data previously announced that its subsidiaries Alliance Cloud Services and LLC had signed a long-term main service agreement related to the deployment of AI infrastructure at the AI data center in Michigan. The company continues to advance the launch of the initial contracted capacity and has begun to generate monthly revenue from operations.
The company believes that the transformation of the Michigan AI data center towards AI and high-performance computing represents an important milestone in its progression from the investment and development phase to the stage of generating operating cash flow.
For more information regarding Hyperscale Data and its subsidiaries, the company recommends that shareholders, investors, and other interested parties read the public documents and press releases published under the investor relations section of hyperscaledata.com, or visit www.sec.gov.
Regarding Hyperscale Data, Inc.
Hyperscale Data owns and operates a data center through its wholly-owned subsidiaries Sentinum and Inc, providing hosting and server management services for the emerging AI ecosystem as well as other industries. Another wholly-owned subsidiary of the company, Ault Capital Group, Inc ("ACG"), is a mixed-type private equity and operations firm that acquires, finances, builds, and actively manages businesses in areas such as financial services, digital assets, industrial services, hospitality, defense technology, and more.
The divestiture of Hyperscale Data is currently expected to occur in 2027 ("Divestiture"). Upon completion of the divestiture, the Company will become a data center owner and operator supporting high-performance computing services, while also holding digital assets and the Company's third wholly-owned subsidiary, Omnipresent Robotics, LLC. Prior to the completion of the divestiture, the Company will continue to provide key products supporting a diverse range of industries, including the AI software platform, equipment leasing services, defense/aerospace, industrial, automotive, and hospitality businesses, through ACG and its wholly-owned and majority-owned subsidiaries, as well as strategic investments. In addition, ACG actively engages in private lending and structured finance businesses through its licensed lending subsidiaries Ault Lending and LLC. Hyperscale Data is headquartered at Room 190, 11411, Las Vegas, Nevada.
On December 23, 2024, the company issued 1 million newly designated Series F exchangeable preferred shares to all common shareholders and holders of Series C preferred shares calculated after conversion. The spin-off transaction will be completed by voluntarily exchanging Series F preferred shares for Class A common shares and Class B common shares of ACG (collectively referred to as "ACG Shares"). The company reminds shareholders that only those holders of Series F preferred shares who agree to surrender these shares in this exchange offer and have not properly withdrawn their surrender rights will be entitled to receive ACG Shares upon completion of the spin-off, and thus become shareholders of ACG.
Forward-looking Statements
This press release contains “forward-looking statements” as defined by Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended). Such forward-looking statements typically include projections, assumptions, or references to future events or conditions, and use words such as “believes,” “plans,” “expects,” “projects,” “estimates,” “anticipates,” “intends,” “strategies,” “future,” “opportunities,” “possible,” “will,” “should,” “can,” “potential,” and similar phrases. Statements that are not historical facts are considered forward-looking statements. Forward-looking statements are based on current beliefs and assumptions and involve risks and uncertainties.
Forward-looking statements are only valid as of the date they are made, and the company assumes no obligation to publicly update any such statements due to new information or future events. Due to various factors, actual results may differ significantly from those contained in any forward-looking statements. Additional information that may affect the company's business and financial results, including potential risk factors, is contained in the documents submitted by the company to the U.S. Securities and Exchange Commission, including but not limited to Form 10-K, Form 10-Q, and Form 8-K. All documents can be found at www.sec.gov and on the company's website at hyperscaledata.com.
