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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), a technology company with a market capitalization of $25.37 million, announced Tuesday that its subsidiary askROI’s mobile application has exceeded 590,000 cumulative downloads across Apple App Store and Google Play platforms.
"We believe that surpassing a half million downloads is a validation of the askROI platform and the demand for accessible, artificial intelligence tools," said Milton Todd Ault III, Founder and Executive Chairman of Hyperscale Data. The milestone comes as the company faces challenging financial metrics, with revenue declining 34% in the last twelve months to $93.32 million, according to InvestingPro data.
Hyperscale Data operates as a diversified holding company with two primary subsidiaries: Sentinum, Inc., which runs a data center for digital asset mining and colocation services, and Ault Capital Group, Inc. (ACG), which holds various businesses across multiple sectors.
The company plans to divest itself of ACG around December 31, 2025, after which Hyperscale Data would focus solely on operating data centers for high-performance computing services, potentially maintaining some digital asset operations.
In December 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to its common stockholders and Series C Convertible Preferred Stock holders. The planned divestiture will occur through voluntary exchange of these Series F shares for ACG stock.
This information is based on a company press release statement issued Tuesday.
In other recent news, Hyperscale Data, Inc. has announced a significant reduction in its outstanding debt by over $20 million, aiming to bolster its financial standing as it develops its AI data center in Michigan. The company also reported a milestone achievement of 36 consecutive monthly dividend payments for its Series D Cumulative Redeemable Perpetual Preferred Stock. Additionally, Hyperscale Data’s subsidiary, Ault Markets, plans to launch a tokenization platform called StableShare in the first quarter of 2026, which will allow for the tokenization of various assets. The company disclosed unregistered equity transactions, including the issuance of over 1.1 million shares of Class A Common Stock following conversions of preferred stock. Furthermore, Hyperscale Data’s subsidiary, Sentinum, reported mining approximately 13.7 bitcoin in June 2025, contributing to a year-to-date total of 103.7 bitcoin. The company has activated two bitcoin mining sites with a total of about 18,200 Antminers now operational. Hyperscale Data plans to divest its subsidiary, Ault Capital Group, by the end of 2025 to focus on high-performance computing services.
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