financetom
Technology
financetom
/
Technology
/
Hyperscale Data Upgrading 1,000 New Bitmain Antminer S21+Units to Michigan Artificial Intelligence and Bitcoin Campus
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hyperscale Data Upgrading 1,000 New Bitmain Antminer S21+Units to Michigan Artificial Intelligence and Bitcoin Campus
Oct 8, 2025 3:21 AM

Company to Begin Upgrading Bitcoin Mining Fleet and Continues to Hold All Bitcoin in Treasury

LAS VEGAS, Oct. 8, 2025 /PRNewswire/ -- Hyperscale Data ( GPUS/PD ), Inc. , a diversified holding company ("Hyperscale Data ( GPUS/PD )" or the "Company"), today announced that it has completed an order for 1,000 new Bitmain Antminer S21+ miners ("S21+'s") for its Michigan Data Center (the "Michigan Facility"). The Company plans to begin installing the S21+'s as soon as they arrive, which may be as early as Monday, October 13, 2025.

This new deployment marks a key step in Hyperscale Data's ( GPUS/PD ) optimization program, replacing a portion of older, less-efficient Bitcoin miners with the current generation of high-performance equipment. The installation will occur in approximately 4-megawatt ("MW") phases, enabling the Company to integrate new S21+'s with minimal disruption to existing operations.

"We remain committed to running an artificial intelligence ("AI") data center and Bitcoin mining operation side-by-side at our Michigan Facility," stated Milton "Todd" Ault III, Executive Chairman of Hyperscale Data ( GPUS/PD ). "This model enables us to leverage infrastructure and maximize efficiency across two lines of business. By upgrading to the S21+'s, we are increasing productivity while maintaining our long-term focus on Bitcoin accumulation and expanding our AI compute offerings."

S21+'s deliver up to approximately 235 terahashes per second, which represents an approximate 135% increase in processing speed from Hyperscale Data's ( GPUS/PD ) older S19J Pro Bitcoin miners. Hyperscale Data ( GPUS/PD ) plans to upgrade approximately 20 MW of Bitcoin miners, which would result in approximately 5,000 total new S21+s's operating at the Company's Michigan Facility. Upon the completion of this planned 20 MW upgrade, the Company expects a significant change in the overall efficiency and output of its Bitcoin mining operations.

Additionally, the Company reminds stockholders that it intends to hold all Bitcoin earned from Bitcoin mining operations on its balance sheet as part of its digital asset treasury strategy while supplementing Bitcoin mining operations with ongoing open market acquisitions of Bitcoin as it moves toward its goal of a $100 million Bitcoin treasury.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc. ( GPUS/PD )

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data ( GPUS/PD ) 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's ( GPUS/PD ) other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data ( GPUS/PD ) currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2026. 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, 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's ( GPUS/PD ) 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 "Series F Preferred Stock") to all common stockholders and holders of the Series C 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 "ACG Shares"). 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 shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains "forward-looking statements" 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 "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," 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's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyperscale-data-upgrading-1-000-new-bitmain-antminer-s21units-to-michigan-artificial-intelligence-and-bitcoin-campus-302577767.html

SOURCE Hyperscale Data Inc. ( GPUS/PD )

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FOREWARN to Provide Identity Verification Services to Las Vegas REALTORS® to Promote Agent Safety
FOREWARN to Provide Identity Verification Services to Las Vegas REALTORS® to Promote Agent Safety
Mar 26, 2026
BOCA RATON, Fla., March 26, 2026 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company and the leading provider of real-time information solutions for real estate agents, today announced that Las Vegas REALTORS® (LVR) will offer FOREWARN® services to its 16,000+ members throughout Las Vegas and the surrounding areas to promote proactive real estate agent safety. Available both online and...
Exchange Solutions Joins MACH Alliance as Enterprises Shift to Composable, AI-Ready Loyalty Platforms
Exchange Solutions Joins MACH Alliance as Enterprises Shift to Composable, AI-Ready Loyalty Platforms
Mar 26, 2026
Composable loyalty and promotions platform enables enterprises to deploy real-time personalization and AI decisioning without costly “rip-and-replace” infrastructure BOSTON--(BUSINESS WIRE)-- Exchange Solutions, the loyalty and personalized offer platform trusted by brands including Foot Locker, Suncor, McKesson, and Bealls, today announced it has joined the MACH Alliance as a certified Independent Software Vendor (ISV) member. The milestone reflects growing enterprise demand...
ODC Completes a $45M Series A Funding; Architecting the Global Distributed Compute Grid to Power the AI-Native Era
ODC Completes a $45M Series A Funding; Architecting the Global Distributed Compute Grid to Power the AI-Native Era
Mar 26, 2026
Premier Syndicate of Investors Join Together to Accelerate ODC's Deployment of an AI-Native Open-Architecture Platform Unifying Communication, Sensing, and Edge Intelligence NEW YORK, March 26, 2026 /PRNewswire/ -- ORAN Development Company, LLC (ODC), a pioneer in AI-Native Radio Access Networks (AI-RAN) and the architect of the U.S.-based Odyssey RAN software platform, today announced the successful closing of a $45 million Series...
Lumentum Announces New U.S. Manufacturing Facility to Produce Advanced Lasers for the World’s Largest AI Data Centers
Lumentum Announces New U.S. Manufacturing Facility to Produce Advanced Lasers for the World’s Largest AI Data Centers
Mar 26, 2026
North Carolina site expands domestic production of Indium Phosphide (InP) devices SAN JOSE, Calif.--(BUSINESS WIRE)-- Lumentum Holdings Inc. ( LITE ) (“Lumentum”), a global leader in optical and photonic solutions for cloud and networking applications, today announced plans to establish a new U.S. manufacturing facility in Greensboro, North Carolina. The 240,000-square-foot facility will produce advanced indium phosphide (InP)-based optical...
Copyright 2023-2026 - www.financetom.com All Rights Reserved