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LAS VEGAS - Hyperscale Data, Inc. (NYSE American: GPUS), a micro-cap company with a market value of $36.09 million, announced Wednesday that its power electronics subsidiary TurnOnGreen has expanded its contracted backlog to $7.5 million. According to InvestingPro data, the company faces significant operational challenges with a -34.29% revenue decline in the last twelve months.
The growth reflects continued demand for high-performance power systems produced by TurnOnGreen’s operating subsidiary, Digital Power Corporation (DPC), according to a company press release.
DPC designs and manufactures custom power solutions for defense, industrial, medical, and telecommunications sectors. The company’s product line includes uninterruptible power supplies and integrated power platforms designed to operate in various environments including land, sea, and air.
"We are extremely pleased with the progress the TurnOnGreen team has made in growing the business while streamlining operations and driving toward profitability," said Milton Todd Ault III, Founder and Executive Chairman of Hyperscale Data.
Hyperscale Data operates as a diversified holding company with interests in data center operations and digital asset mining through its Sentinum subsidiary. The company plans to divest its other subsidiary, Ault Capital Group, by December 31, 2025, after which it would focus exclusively on data center operations.
The power systems manufactured by TurnOnGreen are engineered to meet environmental and operational standards for mission-critical applications, particularly in defense and OEM programs globally.
Hyperscale Data had previously issued one million shares of Series F Exchangeable Preferred Stock to stockholders in December 2024, which will be used in the planned divestiture of Ault Capital Group.
In other recent news, Hyperscale Data, Inc. announced a significant development involving its subsidiary Sentinum, Inc., which has signed a Hosting Services Agreement with Montana OP LLC for Bitcoin mining operations. This agreement grants Sentinum access to approximately 20 megawatts of energy capacity at a Montana data center, enhancing its Bitcoin mining capabilities. Additionally, Hyperscale Data revealed a settlement agreement for the reconsolidation of Gresham Worldwide, Inc., expected to increase its consolidated revenue by up to $10 million in the fourth quarter of 2025. The company also updated its full-year 2025 revenue guidance to range between $125 million and $135 million.
Furthermore, Hyperscale Data’s subsidiary askROI, Inc. launched an advanced AI customer service agent to improve customer interactions. In a move to integrate blockchain technology, its subsidiary Bitnile.com will begin accepting the $PEPE and $TRUMP meme coins as payment methods on its social-casino platform. Bitnile.com also announced the acceptance of Nile Coin, launched on the Solana Blockchain, for in-game purchases. These strategic developments align with Hyperscale Data’s broader focus on data center operations and digital asset initiatives. The company plans to divest Ault Capital Group, Inc. by the end of 2025, refocusing on high-performance computing services and potentially continuing Bitcoin mining activities.
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