The Firm Expects to Roughly Double its Bitcoin Mining Output on Upgraded Bitcoin Miners
The addition of the S21 Pro’s, together with the not too long ago obtained S21+’s, is predicted to roughly double the Firm’s present Bitcoin manufacturing from its S19J Pro Bitcoin miners, considerably rising the whole hashrate deployed throughout Hyperscale Data’s
“This newest buy of S21 Pro’s reinforces our dedication to the digital asset area, and Bitcoin particularly,” said Milton “Todd” Ault III, Government Chairman of Hyperscale Data. “By housing our Bitcoin mining operation and NVIDIA AI clusters beneath the identical roof, we’re maximizing our infrastructure effectivity and contributing to our
The Firm expects the 2,000 S21 Pro’s to reach within the coming weeks, with set up going down throughout November.
For extra info on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, traders and any different events learn Hyperscale Data’s public filings and press releases out there beneath the Investor Relations part at hyperscaledata.com or out there at www.sec.gov.
About Hyperscale Data, Inc.
By way of its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a knowledge heart at which it mines digital property and presents colocation and internet hosting companies for the rising AI ecosystems and different industries. Hyperscale Data’s different wholly owned subsidiary, Ault Capital Group, Inc. (“ACG“), is a diversified holding firm pursuing development by buying undervalued companies and disruptive applied sciences with a worldwide influence.
Hyperscale Data at present expects the divestiture of ACG (the “Divestiture“) to happen within the second quarter of 2026. Upon the incidence of the Divestiture, the Firm could be an proprietor and operator of knowledge facilities to help high-performance computing companies, in addition to a holder of the digital property. Till the Divestiture happens, the Firm will proceed to offer, by way of ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical merchandise that help a various vary of industries, together with an AI software program platform, social gaming platform, tools rental companies, protection/aerospace, industrial, automotive, medical/biopharma and resort operations. As well as, ACG is actively engaged in non-public credit score and structured finance by way of a licensed lending subsidiary. Hyperscale Data’s headquarters are situated at 11411 Southern Highlands Parkway, Suite 190,
On December 23, 2024, the Firm issued a million (1,000,000) shares of a newly designated Sequence F Exchangeable Most popular Inventory (the “Sequence F Most popular Inventory“) to all frequent stockholders and holders of the Sequence C Most popular Inventory on an as-converted foundation. The Divestiture will happen by way of the voluntary change of the Sequence F Most popular Inventory for shares of Class A Widespread Inventory and Class B Widespread Inventory of ACG (collectively, the “ACG Shares“). The Firm reminds its stockholders that solely these holders of the Sequence F Most popular Inventory who comply with give up such shares, and don’t correctly withdraw such give up, within the change supply by way of which the Divestiture will happen, shall be entitled to obtain the ACG Shares and consequently be shareholders of ACG upon the incidence of the Divestiture.
Ahead-Trying Statements
This press launch accommodates “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. These forward-looking statements usually embody statements which might be predictive in nature and rely upon or check with future occasions or circumstances, and embody phrases corresponding to “believes,” “plans,” “anticipates,” “tasks,” “estimates,” “expects,” “intends,” “technique,” “future,” “alternative,” “could,” “will,” “ought to,” “may,” “potential,” or comparable expressions. Statements that aren’t historic information are forward-looking statements. Ahead-looking statements are based mostly on present beliefs and assumptions which might be topic to dangers and uncertainties.
Ahead-looking statements communicate solely as of the date they’re made, and the Firm undertakes no obligation to replace any of them publicly in gentle of latest info or future occasions. Precise outcomes may differ materially from these contained in any forward-looking assertion on account of numerous elements. Extra info, together with potential threat elements, that would have an effect on the Firm’s enterprise and monetary outcomes are included within the Firm’s filings with the
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SOURCE Hyperscale Data Inc.
