Hyperscale Data completes Michigan campus land acquisition

1 min read     Updated on 26 Jun 2026, 11:27 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Hyperscale Data, Inc. completed the acquisition of 48.5 acres to double its Michigan AI Data Center Campus to approximately 83 acres. The company maintains a long-term target of up to 590 MW of power capacity across its Michigan and Montana assets, with Michigan contributing up to 340 MW and Montana up to 250 MW. Executive Chairman Milton "Todd" Ault III highlighted the acquisition's role in providing a natural buffer and enabling efficient growth. The company is also evaluating Small Modular Reactors for Montana and expects to divest Ault Capital Group in Q2 2027.

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Hyperscale Data, Inc. (NYSE: GPUS) has completed the acquisition of 48.5 acres of forested land to expand its Michigan AI Data Center Campus to approximately 83 acres in total. This strategic move more than doubles the size of the campus, providing a natural buffer between operations and the surrounding area. The company continues to target a long-term development potential of up to 590 MW of power capacity across its Michigan and Montana assets to support growing demand for artificial intelligence infrastructure.

Michigan Campus Expansion

The recent acquisition solidifies the company's footprint at the Michigan AI data center campus. Executive Chairman Milton "Todd" Ault III stated that the land purchase allows for efficient and responsible growth while maximizing service offerings for potential customers. The expansion follows a recently signed master services agreement and builds on the company's progress in developing the site. The Michigan campus retains a long-term development target of up to 340 MW of power capacity.

Capacity Targets and Development Plans

Hyperscale Data's strategy focuses on significant power capacity additions at its existing locations. In addition to the Michigan expansion, the company is evaluating opportunities in Montana, where utility-related developments could enable up to 125 MW of capacity at each of its two locations. This would total an additional 250 MW, bringing the aggregate potential across both states to 590 MW. The potential power increase would be incremental over time, subject to regulatory approvals, financing, infrastructure availability, engineering studies, and utility agreements.

Location Development Potential (MW)
Michigan AI Campus Up to 340 MW
Montana (2 locations) Up to 250 MW
Total Potential Up to 590 MW

Strategic Initiatives and Corporate Updates

The company is exploring the potential role of Small Modular Reactors (SMRs) in its future Montana development plans to ensure access to scalable, reliable, and cost-effective power solutions for AI computing. Management is also providing updates on robotics and embodied AI initiatives associated with the Michigan campus, as well as its Bitcoin treasury strategy. Hyperscale Data currently expects the divestiture of its subsidiary, Ault Capital Group, Inc., to occur in the second quarter of 2027, which would transition the company to focus solely on data center operations and digital asset holdings.

What specific regulatory hurdles must Hyperscale Data overcome to integrate Small Modular Reactors into its Montana operations?

How will the company finance the significant infrastructure upgrades required to reach the targeted 590 MW of power capacity?

What impact will the anticipated divestiture of Ault Capital Group in 2027 have on Hyperscale Data's current liquidity and capital allocation strategy?

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Hyperscale Data Bitcoin holdings worth $45.9 million as of June 21

1 min read     Updated on 23 Jun 2026, 03:55 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Hyperscale Data reported holding 726.9425 Bitcoin valued at $45.9 million as of June 21, 2026, with subsidiary ACG purchasing 8 Bitcoin that week. The firm expects to divest ACG in Q2 2027.

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Hyperscale Data, Inc. announced that as of June 21, 2026, it held 726.9425 Bitcoin representing an aggregate value of approximately $45.9 million. This valuation is based on the Bitcoin closing price of $63,238 on June 21, 2026. The company, an artificial intelligence data center firm, disclosed that its wholly owned subsidiaries, Sentinum, Inc. and Ault Capital Group, Inc., held these Bitcoin collectively. During the week ended June 21, 2026, ACG purchased approximately 8.000 Bitcoin in the open market.

"We continue to believe in the long-term value of digital assets," stated Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "We intend to continue adding to our Bitcoin treasury to anchor our balance sheet with what we believe to be a foundational asset for the future of the digital economy."

Asset Holdings Breakdown

The following table details the company's Bitcoin holdings as of June 21, 2026:

Asset Quantity Value
Bitcoin 726.9425 $45.9 million

Corporate Structure Updates

Hyperscale Data currently expects the divestiture of ACG to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. 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, equipment rental services, defense/aerospace, industrial, automotive and hotel operations.

How will the planned divestiture of Ault Capital Group in Q2 2027 impact the company's ability to continue accumulating Bitcoin?

What specific treasury management strategies will Hyperscale Data employ to mitigate the volatility risks associated with holding a significant digital asset portfolio?

Will the company consider allocating additional capital to other cryptocurrencies, or will the strategy remain exclusively focused on Bitcoin?

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