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Hyperscale Data Inc. (NYSE American: GPUS) announced a $100 million bitcoin treasury strategy as part of its transformation into an artificial intelligence data center and digital asset company.
The initiative will be funded through proceeds from the sale of the company’s Montana data center assets and capital raised through its at-the-market equity program. Hyperscale Data plans to hold bitcoin as a primary treasury reserve asset while continuing to invest in its Michigan facility as its long-term infrastructure hub.
The company operates through its wholly owned subsidiary Sentinum Inc., which has mined bitcoin for several years. Hyperscale Data will continue publishing its crypto asset holdings weekly.
The Michigan facility currently provides approximately 30 megawatts of power capacity. The company is advancing a staged build-out expected to reach 70 MW over the next 20 months through new natural gas distribution infrastructure. The facility could potentially expand to approximately 340 MW of capacity, subject to reaching an agreement with the local utility provider, navigating regulatory challenges and securing appropriate funding.
"This marks a pivotal moment in Hyperscale Data’s evolution," said William B. Horne, chief executive officer. "By focusing our resources to accelerate bitcoin accumulation while also expanding Michigan, we are pursuing a dual strategy designed to create long-term value for our shareholders."
The facility is being built to support enterprise AI and cloud clients deploying GPU-based infrastructure, with NVIDIA technology expected to remain central to customer demand.
Hyperscale Data expects to divest its subsidiary Ault Capital Group Inc. in the first quarter of 2026. Upon completion of this divestiture, the company will focus on data center operations and digital asset holdings.