Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
LAS VEGAS - Hyperscale Data, Inc. (NYSE American: GPUS), a volatile cryptocurrency mining company with a market capitalization of $35 million and current stock price of $4.85, has revealed that its subsidiary Sentinum, Inc. secured approximately 17.4 Bitcoin in May 2025 and around 90 Bitcoin since the start of the year through its hash calculation services for a mining pool. The company calculates revenue daily based on the Bitcoin value on the respective day. According to InvestingPro analysis, the company faces significant cash burn challenges, with negative EBITDA of $19 million in the last twelve months.
Milton "Todd" Ault III, the company’s Founder and Executive Chairman, expressed satisfaction with Sentinum’s performance, attributing the results to strong execution and operational excellence. He also noted the recent Bitcoin price surge has provided more strategic options for deploying their mining fleet, rather than selling miners in the secondary market. The company’s operational decisions are particularly crucial given its substantial debt burden of $120 million and weak financial health score, as revealed by InvestingPro’s comprehensive analysis.
Sentinum is set to resume Bitcoin mining operations at its Montana site this month, with an expected increase in capacity due to approximately ten megawatts of power coming online. This development should enable the operation of about 3,200 S19j Pro Antminers, with initial mining on approximately 2,600 units and plans to scale to full capacity in July 2025.
The announcement comes ahead of Hyperscale Data’s planned divestiture of its other subsidiary, Ault Capital Group, Inc. (ACG), slated for December 31, 2025. Post-divestiture, Hyperscale Data intends to focus solely on owning and operating data centers to support high-performance computing services, including continued Bitcoin mining.
The company issued one million shares of Series F Exchangeable Preferred Stock on December 23, 2024, to common stockholders and holders of Series C Convertible Preferred Stock. These shares will be exchangeable for ACG shares as part of the divestiture, with only those surrendering their Series F Preferred Stock entitled to receive ACG shares and become stockholders of ACG after the divestiture.
Investors are directed to read Hyperscale Data’s public filings and press releases for more information, available under the Investor Relations section on their website and at www.sec.gov. For deeper insights into GPUS’s financial health, volatility metrics (Beta: 4.4), and 13 additional exclusive ProTips, consider subscribing to InvestingPro for comprehensive financial analysis and investment guidance.
This news is based on a press release statement and includes forward-looking statements subject to risks, uncertainties, and other factors that could affect the company’s actual results.
In other recent news, Hyperscale Data, Inc. has announced the resumption of Bitcoin mining operations at its Montana facility through its subsidiary, Sentinum, Inc., with plans to reach full capacity by July 2025. The company also revealed a strategic move to divest its subsidiary, Ault Capital Group, Inc., by the end of 2025, focusing on data center operations. Additionally, Hyperscale Data has secured up to $50 million in equity financing to expand its Michigan data center, enhancing its infrastructure to support high-density workloads. The company has amended the terms of its Series B Convertible Preferred Stock, adjusting the conversion price mechanism, which could affect its financial strategy. Furthermore, Hyperscale Data has issued a $110,000 convertible note to Jorico, LLC, and a $1.65 million convertible note to Orchid Finance LLC, both of which are set to mature in 2025. These financial agreements are part of the company’s broader strategy to manage its capital structure. The issuance of preferred shares and convertible notes reflects Hyperscale Data’s ongoing efforts to finance its operations and growth initiatives.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.