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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Monday it is upgrading its Bitcoin mining equipment as part of a strategic initiative to optimize operations at its Michigan facility while simultaneously developing artificial intelligence infrastructure. The company, currently valued at $33.48 million, has seen its stock decline over 94% in the past year according to InvestingPro data, which also reveals 15+ additional investment insights available to subscribers.
The company is implementing Bitmain Antminer S21+ Bitcoin miners, which operate at 235 terahashes per second—a 135% increase in processing speed compared to its older S19J Pro miners. According to the company, each new S21+ is expected to produce approximately 2.35 Bitcoin for every one Bitcoin generated by the previous models. With a current ratio of 0.31 and significant debt burden of $114.09 million, this upgrade comes at a crucial time for the company’s operational efficiency.
"While the build-out of our AI capabilities will take time, it is important that we continue to generate value from our existing infrastructure through Bitcoin mining," said William B. Horne, Chief Executive Officer of Hyperscale Data.
The Michigan facility, which spans 617,000 square feet across 34.5 acres, will host both AI compute clusters and Bitcoin mining operations. The company stated it plans to retain all mined Bitcoin in its corporate treasury rather than selling the digital assets.
Hyperscale Data is also proceeding with its previously announced expansion of AI service capabilities at the Michigan facility, which will include NVIDIA hardware featuring the next-generation Blackwell architecture.
The company continues to pursue its planned divestiture of subsidiary Ault Capital Group, which it expects to complete in the first quarter of 2026. Following this divestiture, Hyperscale Data would focus exclusively on data center operations and digital asset holdings. For deeper insights into GPUS’s financial health and growth potential, including exclusive Fair Value analysis and detailed financial metrics, visit InvestingPro.
This information is based on a company press release issued Monday.
In other recent news, Hyperscale Data, Inc. has embarked on a significant transformation of its Michigan data center to support artificial intelligence solutions while maintaining its Bitcoin mining operations. This conversion involves ordering new equipment and initiating construction on sections of the facility, which boasts a 617,000-square-foot data center building with a power capacity of 28 megawatts. Additionally, the company announced plans to distribute a special one-time dividend of 20 million shares of its Class B Common Stock to eligible shareholders, with the record date set for October 6, 2025.
Hyperscale Data’s Bitcoin treasury has also seen notable growth, reaching approximately $13.25 million, representing 39.4% of the company’s public float. This includes Bitcoin acquired both through open market purchases and mining operations by its subsidiary, Sentinum, Inc. The company has initiated a $100 million Bitcoin treasury strategy, starting with a $5 million allocation for open market purchases, employing a dollar-cost averaging approach. Previously, the company’s Bitcoin holdings were reported to have increased to $8 million, accounting for 34% of its public float. These developments highlight Hyperscale Data’s continued focus on expanding its digital asset portfolio and infrastructure capabilities.
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