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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), a micro-cap company with a market value of $16 million, announced Monday that its subsidiary askROI, Inc. has exceeded 300,000 cumulative app downloads across the Apple App Store and Google Play platforms.
The artificial intelligence application, which offers AI tools for personal and business use, has nearly doubled its download count since the company’s previous milestone of 160,000 downloads. According to the company’s press release, this growth has occurred despite minimal marketing efforts as the platform continues to improve its functionality. This milestone comes as the company faces significant financial challenges, with InvestingPro data showing a 34% year-over-year revenue decline and a concerning current ratio of 0.28.
"We are extremely pleased with the growth and are excited to announce new platform upgrades in the coming weeks," said Milton Todd Ault III, Founder and Executive Chairman of Hyperscale Data, in the statement.
Hyperscale Data operates as a diversified holding company with interests in data center operations and digital asset mining through its subsidiary Sentinum, Inc. The company also owns ACG, which has investments across multiple sectors including AI software, social gaming, equipment rental, defense, industrial, automotive, medical, and hospitality.
The company plans to divest itself of ACG on or about December 31, 2025, through an exchange of its Series F Preferred Stock for shares of ACG. Following this divestiture, Hyperscale Data would focus primarily on data center operations supporting high-performance computing services.
The information in this article is based on a press release statement from Hyperscale Data.
In other recent news, Hyperscale Data, Inc. has announced several significant developments. The company revealed plans to expand the power capacity at its Michigan data center from approximately 30 megawatts to 340 megawatts. This expansion involves agreements with local utilities and is expected to take up to 44 months for completion. Additionally, Hyperscale Data’s subsidiary, Bitnile.com, has integrated all verified Solana tokens as payment methods on its platform, enhancing its cryptocurrency offerings. The company has also issued new equity shares, converting preferred and common stock into Class A Common Stock, resulting in a total of 3,151,372 shares outstanding as of June 2025. In corporate restructuring, Hyperscale Data plans to divest its subsidiary Ault Capital Group by the end of 2025, with Founder Milton Todd Ault III stepping down as Executive Chairman to focus on ACG. William Horne, the current CEO, is expected to assume the role of Chairman. These changes align with the company’s strategy to focus on AI and digital asset compute solutions.
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