Hyperscale Data Reduces Debt by Over $20 Million, Strengthens Balance Sheet Ahead of Planned Michigan AI Data Center Expansion
Hyperscale Data (NYSE American: GPUS) has achieved a significant milestone by reducing its debt by over $20 million as it transforms into a pure-play AI data center platform. The company is advancing the development of its 617,000-square-foot Michigan data center with plans to expand power capacity from 30 MW to 340 MW.
The expansion includes agreements with local utilities to increase power capacity to 300 MW over 44 months and an additional 40 MW through natural gas within 18 months. The company plans to complete its separation from Ault Capital Group by year-end 2025 to operate as a standalone AI infrastructure business.
Hyperscale Data (NYSE American: GPUS) ha raggiunto un traguardo importante riducendo il proprio debito di oltre 20 milioni di dollari mentre si trasforma in una piattaforma di data center specializzata nell'AI. L'azienda sta avanzando nello sviluppo del suo data center in Michigan di 617.000 piedi quadrati con l'obiettivo di aumentare la capacit脿 energetica da 30 MW a 340 MW.
L'espansione prevede accordi con le utility locali per incrementare la capacit脿 a 300 MW entro 44 mesi e un ulteriore aumento di 40 MW tramite gas naturale entro 18 mesi. La societ脿 intende completare la separazione da Ault Capital Group entro la fine del 2025 per operare come un'attivit脿 indipendente nell'infrastruttura AI.
Hyperscale Data (NYSE American: GPUS) ha alcanzado un hito significativo al reducir su deuda en m谩s de 20 millones de d贸lares mientras se transforma en una plataforma de centros de datos especializada en IA. La compa帽铆a est谩 avanzando en el desarrollo de su centro de datos de 617,000 pies cuadrados en Michigan con planes para ampliar la capacidad energ茅tica de 30 MW a 340 MW.
La expansi贸n incluye acuerdos con las compa帽铆as de servicios locales para aumentar la capacidad a 300 MW en 44 meses y un adicional de 40 MW mediante gas natural en 18 meses. La empresa planea completar su separaci贸n de Ault Capital Group para finales de 2025 y operar como un negocio independiente de infraestructura de IA.
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Hyperscale Data (NYSE American : GPUS) a franchi une 茅tape importante en r茅duisant sa dette de plus de 20 millions de dollars alors qu'elle se transforme en une plateforme de centres de donn茅es d茅di茅e 脿 l'IA. L'entreprise fait progresser le d茅veloppement de son centre de donn茅es du Michigan de 617 000 pieds carr茅s avec des projets d'extension de la capacit茅 茅lectrique de 30 MW 脿 340 MW.
Cette expansion inclut des accords avec les services publics locaux pour augmenter la capacit茅 脿 300 MW sur 44 mois, ainsi qu'une capacit茅 suppl茅mentaire de 40 MW via le gaz naturel sous 18 mois. La soci茅t茅 pr茅voit de finaliser sa s茅paration d'Ault Capital Group d'ici la fin 2025 afin d'op茅rer en tant qu'entreprise autonome d'infrastructure IA.
Hyperscale Data (NYSE American: GPUS) hat einen bedeutenden Meilenstein erreicht, indem das Unternehmen seine Schulden um 眉ber 20 Millionen US-Dollar reduziert hat, w盲hrend es sich zu einer reinen AI-Datenzentrum-Plattform wandelt. Das Unternehmen treibt die Entwicklung seines 617.000 Quadratfu脽 gro脽en Rechenzentrums in Michigan voran und plant, die Leistungskapazit盲t von 30 MW auf 340 MW zu erh枚hen.
Die Erweiterung umfasst Vereinbarungen mit lokalen Versorgungsunternehmen, um die Leistungskapazit盲t innerhalb von 44 Monaten auf 300 MW zu steigern und zus盲tzlich 40 MW durch Erdgas innerhalb von 18 Monaten bereitzustellen. Das Unternehmen plant, die Abspaltung von der Ault Capital Group bis Ende 2025 abzuschlie脽en, um als eigenst盲ndiges AI-Infrastrukturunternehmen zu operieren.
- Significant debt reduction of over $20 million strengthening balance sheet
- Planned power capacity expansion from 30 MW to 340 MW at Michigan facility
- Agreement with utilities for additional power supply (300 MW + 40 MW)
- Strategic transformation into pure-play AI data center platform
- Project completion requires considerable capital investment
- Power upgrade timeline extends to 44 months for full implementation
- Multiple regulatory and funding risks could delay or terminate the project
- Remaining timeline uncertainty for separation from Ault Capital Group
Insights
Hyperscale Data's $20M debt reduction strengthens its position to develop a potentially lucrative 340MW AI data center facility in Michigan.
Hyperscale Data has made a strategic
The company has secured preliminary agreements to substantially increase the facility's power capacity. Currently at approximately 30MW, the company has an agreement in principle with the local utility to expand to 300MW over approximately 44 months, plus an additional 40MW through the local natural gas utility within 18 months, bringing potential total capacity to 340MW.
This power capacity is the critical constraint in the AI data center market. For context, the press release notes that Applied Digital Corporation secured a 15-year hosting contract with CoreWeave expected to generate over
The debt reduction signals strong financial discipline ahead of what will require substantial capital investment. The timing is strategic as Hyperscale Data plans to separate from Ault Capital Group by year-end 2025, allowing it to operate as a standalone AI infrastructure business. This separation, combined with the improved balance sheet, could enhance the company's ability to raise the significant capital needed for the buildout.
However, investors should note the explicit risks highlighted: securing definitive agreements for the power upgrades, raising sufficient capital for expansion, obtaining regulatory approvals, and securing necessary easements and land rights. The 44-month timeline for the main power upgrade also represents a long runway before reaching full capacity.
LAS VEGAS, July 14, 2025 (GLOBE NEWSWIRE) -- 聽(NYSE American: GPUS), a diversified holding company (鈥�Hyperscale Data鈥� or the 鈥�Company鈥�), today announced it has reduced its outstanding debt by more than
This material debt reduction strengthens the Company鈥檚 financial position as it prepares to advance the development of its 617,000-square-foot聽data center in Michigan into a major hub for AI infrastructure. The move underscores Hyperscale Data鈥檚 focus on long-term capital discipline, operational execution and value creation for stockholders.
鈥淭丑颈蝉
Following the reduction, the Company believes its remaining debt is relatively insignificant in the context of its strategic growth plans. With a more agile capital structure, Hyperscale Data is now focused on scaling operations, onboarding enterprise and hyperscale customers and unlocking the full potential of its infrastructure.
In February 2025, the Company鈥檚 indirect, wholly owned subsidiary, Alliance Cloud Services, LLC (鈥�ACS鈥�), reached an agreement in principle with its primary local utility to expand available power from approximately 30 MW to 300 MW. Completion of this upgrade is expected to take approximately 44 months from the execution of a formal letter of authorization, which is currently under negotiation.
Additionally, ACS has reached an agreement in principle with the local natural gas utility to supply an extra 40 MW of power. This portion of the project is expected to be completed within 18 months of executing definitive agreements. In total, these upgrades would expand the facility鈥檚 capacity to approximately 340 MW. Once completed, the facility is expected to support hyperscale cloud providers, AI model training and enterprise computing use cases spanning machine learning, advanced analytics and real-time inference.
The Company sees strong validation in the market for large-scale AI data centers. For example, Applied Digital Corporation recently secured a 15-year hosting contract with CoreWeave, Inc., expected to generate over
Hyperscale Data intends to complete its previously announced separation from Ault Capital Group, Inc. (鈥�ACG鈥�) by year-end 2025. After the separation, Hyperscale Data will operate as a focused, standalone AI infrastructure business.
鈥淥ur number one priority remains the Michigan buildout,鈥� added Ault. 鈥淎s AI and enterprise compute demand continues to grow, we believe this project can unlock significant long-term value. Today鈥檚 debt reduction enhances our ability to execute on this vision with greater speed and flexibility.鈥�
Successful execution of the Company鈥檚 data center strategy will require considerable capital investment and the ability to secure long-term partnerships with leading technology firms. Completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades and other expenditures; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data鈥檚 public filings and press releases available under the Investor Relations section at or available at
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data鈥檚 other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the 鈥�Divestiture鈥�). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data鈥檚 headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the 鈥�Series F Preferred Stock鈥�) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the 鈥�ACG Shares鈥�). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains 鈥渇orward-looking statements鈥� within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 鈥渂elieves,鈥� 鈥減lans,鈥� 鈥渁nticipates,鈥� 鈥減rojects,鈥� 鈥渆stimates,鈥� 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥渟trategy,鈥� 鈥渇uture,鈥� 鈥渙pportunity,鈥� 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渟hould,鈥� 鈥渃ould,鈥� 鈥減otential,鈥� or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company鈥檚 business and financial results are included in the Company鈥檚 filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company鈥檚 Forms 10-K, 10-Q and 8-K. All filings are available at and on the Company鈥檚 website at .
Hyperscale Data Investor Contact:
or 1-888-753-2235
FAQ
How much debt did Hyperscale Data (GPUS) reduce in July 2025?
What is the planned power capacity expansion for Hyperscale Data's Michigan facility?
When will Hyperscale Data complete its separation from Ault Capital Group?
How large is Hyperscale Data's Michigan AI data center?
What is the timeline for Hyperscale Data's power capacity expansion?
