Hyperscale Data Reports Approximately $8.7 Million In Bitcoin Mining Revenue Year to Date, Including Approximately $1.9 Million for May 2025
Milton 'Todd' Ault III, Founder and Executive Chairman of Hyperscale Data, commented, 'These results reflect strong execution from the Sentinum team as they continue to focus on operational excellence. Further, the recent increase in the price of Bitcoin has given the Company greater optionality in the deployment of its mining fleet. It is my belief that we have an opportunity to capitalize on the price increase through selective miner deployment as opposed to the selling of miners in the secondary market, which has recently been strongly considered. The Company is thrilled with the current price of Bitcoin and is happy with the current contributions from Sentinum.'
The Company would also like to remind its stockholders that Sentinum plans to resume Bitcoin mining operations at its Montana facilities in the month of June. This site is expected to increase Bitcoin mining capacity with approximately ten megawatts of power capacity coming online, which is sufficient to operate approximately 3,200 S19j Pro Antminers ('Antminers'). Sentinum will initially recommence mining operations on approximately 2,600 Antminers and expects to increase operations to full capacity of approximately 3,200 Antminers, during July 2025.
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.
Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ('AI') ecosystems and other industries. Hyperscale Data's 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 expects to divest itself of ACG on or about December 31, 2025 (the 'Divestiture'). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing 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's 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 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 '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 stockholders 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.
Hyperscale Data Investor Contact:
[email protected] or 1-888-753-2235
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
a minute ago
- Forbes
The M&A Market Is Back: Why Now Is The Right Time For Deals
At the end of 2024, as interest rates and inflation were dropping, private equity dry powder was piling up and a new president who many thought would be business-friendly was preparing to return to Washington, businesses, banks and analysts thought this would be a huge year for M&A transactions. We all know what happened instead. President Donald Trump's second term has been full of new ideas on the economy: Tariffs on nearly every country with percentages and effective dates that for months seemed to change by the day, canceled incentives and federal grants from the previous administration, and a domestic economy that has often frozen in place because nobody is sure what to expect next. But M&A hasn't stopped altogether. A mid-year trend report from PwC Global found that while the number of M&A deals in the first half of 2025 was down 9% year-over-year, deal values were up 15%. And while three in 10 U.S. companies had paused or revisited pending deals this spring, PwC found that 51% were still pursuing deals. This month, many of Trump's new tariffs have solidified and are actually being collected. The recently passed so-called 'Big Beautiful Bill' also puts in place financial policy for the next several years. No matter how good or bad that is for companies, it gives them something that's been elusive so far this year: A baseline to work from in making financial projections. And while finance professionals and analysts say that companies are still approaching transactions with great care, the M&A doors are reopening. Today's Forbes CFO newsletter focuses on today's M&A market: What the landscape looks like, who should be making deals, and what companies approaching the buy and sell markets should do. I spoke with two M&A experts and advisers—Bill Haemmerle, partner in the transaction advisory service practice at Wiss & Company; and Scott Mozarsky, co-CEO and managing director of M&A advisory firm JEGI LEONIS—about it, and their comments are throughout this newsletter. This is the published version of Forbes' CFO newsletter, which offers the latest news for chief finance officers and other leaders focused on the budget. Sign up here to get it delivered to your inbox every Tuesday. TIME FOR ACTION Since the beginning of the year, many companies that had been interested in deals just seemed to put things on hold, according to Haemmerle. He currently works with lower middle market companies, and many of the potential deals involving companies that were likely to be touched by tariffs—especially those dealing with manufacturing, importing and transportation—were paused. Now that there's some certainty out there, Haemmerle said, the larger deal market is restarting. He said that kind of activity takes a few months to get to the companies he works with, but it's coming. Bill Haemmerle, partner in the transaction advisory services practice at Wiss & Company. Wiss & Company 'I always view that as the canary in the coal mine—when folks are calling us about financial due diligence, quality of earnings—that things are starting to pick up again,' he said. Wiss has recently been working with companies on deals across a spectrum of industries. These include services businesses in areas that are less likely to be impacted by tariffs and had seen M&A activity in the beginning of the year—HVAC, engineering and healthcare—as well as others that are more affected, including manufacturing and transport. Mozarsky, who works a lot with software companies, especially those with vertical functions in areas like legal compliance, payments and supply chain, said that concerns about the full impact of tariffs—including the end impact on consumers, who may ultimately spend less as prices get more expensive—served to slow down the M&A process in the first half of the year. But now, he said, things are more active. Much of that activity is among groups that were ready to go in January, Mozarsky said. Founders who were hoping to sell off their startups to larger companies are finalizing transactions, accepting the larger risk in general, and taking a good result instead of the great result they may have been holding out for. Larger companies hoping to divest portions of their business to become more focused are going forward with those transactions for similar reasons. Private equity has also been making moves. Firms generally hold on to companies for a short span of years, but Mozarsky said the weak M&A market in the recent past may have extended those timelines a bit too much. Even though the larger economic forecast has been all over the map, he pointed out that company valuations and the stock market seem to be resilient enough for them to move forward. SEPARATING THE NOISE FROM THE REALITY Mozarsky said he's seeing a lot more caution and care go into deals from all sides. While most business valuations haven't seen huge setbacks as of now, some of them aren't as strong as they likely would have been a year ago, when tariffs were not a concern. So acquirers are being creative. JEGI LEONIS co-CEO and managing director Scott Mozarsky. JEGI LEONIS 'We're seeing structures around the deals—basically earnouts and other types of structures that effectively are saying to sellers, 'Look, you can get a great deal, but you're going to have to prove it,'' he said. But the fear of choppy markets because of tariffs hasn't come to bear just yet. In the short time since the August 9 effective date of most of the tariffs, markets have moved the most on positive earnings reports, investments and tech announcements. Investors, he said, have been working to look past the noise of ever-changing tariff announcements and zoom in on what truly matters: Business fundamentals. Does this deal make sense for the business? Will it bring value? Is the price fair? Are there any uncertainties that new tariff policies could awaken, and are you prepared to deal with them? Haemmerle said that if the fundamentals are right, now is a good time for M&A transactions. 'If you've done your strategic plan, you've identified an opportunity in the market, and it fits well within what you're trying to accomplish, I don't think there's really a bad time to do a transaction, and I think you'd be missing out on the opportunity, at the cost of doing a deal,' he said. READY TO SELL For a company looking to sell itself, now is the time to get your financial house in order. Companies that can show clear figures on profitability—or the path to get there—gross margins, customer retention and meeting KPIs will have an advantage. Mozarsky said that he's helped customers make great deals even during the last few years, which were sluggish in terms of dealmaking. 'Generally, good businesses, the buy-side investors will be willing to pay a high price for them,' he said. 'Generally, the debt markets will be supportive of deals involving those businesses, which allows buyers to pay a higher price for them. And generally, sellers will get very good ROI on their investments because they've done a good job working with the management team, or the management team has done a good job of building a good business.' To keep a high valuation, Mozarsky advised companies to maintain their top level of performance: Move toward profitability, invest in the future, and continually develop new technologies and ideas, such as generative AI. Differentiation is also key: What specific value would a buyer get from purchasing your specific company? Haemmerle said companies that are more likely to be impacted by tariffs or new economic policies should concentrate on getting their operations organized and in good shape—especially if the situation now seems too chaotic for a transaction. When things settle down, he said, then you'll be ready. FOCUS ON THE LONG TERM There's no question that many businesses have had a bumpy ride this year, and the coming quarters may be even rougher. But both Mozarsky and Haemmerle are anticipating an active end to 2025, as far as deals are concerned. Mozarsky said JEGI LEONIS has been busy this summer with the meetings, research and pitches that precede M&A deals—and there has already been a lot of activity in some of the software deals he works on, which he said is seen as tariff (and potentially recession) resilient. Mozarsky said that while tariffs are still a bit of an X factor for business, using M&A now to lock in business changes is a smart move. If a company is looking to add on to its portfolio or functions, acquiring the other business sooner rather than later allows for more definitive forecasting—and more stability if the markets vacillate on White House policy pronouncements. Haemmerele also expects more activity as the year goes on. He also hopes that CFOs who have been waffling on deals will find clarity and make the deals if they work, or renegotiate or walk away and look elsewhere if they don't. While more risk in a deal decreases its value, Haemmerle said the big picture is important. Deals change your company profile for the long term—which is where the focus should be. 'It's short term,' he said. 'I think CFOs need to remind themselves that it's not a permanent change in the market. This uncertainty isn't always going to exist.' COMINGS + GOINGS Hotel and lodging company Marriott International selected Jen Mason to be its next executive vice president and chief financial officer, effective March 31, 2026. Mason joined the firm in 1992 and currently works as global officer, treasurer and risk management. She will succeed Leeny Oberg, who is retiring. selected to be its next executive vice president and chief financial officer, effective March 31, 2026. Mason joined the firm in 1992 and currently works as global officer, treasurer and risk management. She will succeed Leeny Oberg, who is retiring. Digital advertising platform The Trade Desk appointed Alex Kayyal as its new chief financial officer, effective August 21. Kayyal most recently worked as a partner at Lightspeed Venture Partners, and he will succeed Laura Schenkein. appointed as its new chief financial officer, effective August 21. Kayyal most recently worked as a partner at Lightspeed Venture Partners, and he will succeed Laura Schenkein. Private members' club Soho House & Co announced Neil Thomson as its new chief financial officer, effective August 18. Thomson previously worked as chief financial officer of Tasty Restaurant Group, and he succeeds Thomas Allen. STRATEGIES + ADVICE New technology powered by generative AI and changes in the strategic role of the CFO are bringing disruption not only to the finance department, but to business as a whole. Here are some ways that CFOs can help foster these changes and keep their company ahead of the innovation curve. Fear is often thought of as a bad thing, but in the right context, it can help sharpen leaders' instincts and decisions. In a talk earlier this summer, Perplexity CEO Aravind Srinivas highlighted how embracing a bit of fear keeps him going. QUIZ Which airline is gradually getting caught up on flights after mass cancellations on Monday because of a strike of its unionized flight attendants? A. Air Canada B. Qantas C. Spirit D. Volaris See if you got the right answer here.
Business Upturn
34 minutes ago
- Business Upturn
WNS Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote 'FOR' Proposed Acquisition by Capgemini
WNS (Holdings) Limited (NYSE: WNS) ('WNS' or the 'Company'), a digital-led business transformation and services company, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. ('ISS') and Glass, Lewis & Co. ('Glass Lewis') have each recommended that shareholders vote 'FOR' the previously announced acquisition of the Company by Capgemini SE (EUR: CAP) ('Capgemini'). The 'FOR' recommendations apply to both proxy voting proposals to be considered at the upcoming Court Meeting and General Meeting of Shareholders ('General Meeting'), each scheduled for August 29, 2025. Business Wire India WNS (Holdings) Limited (NYSE: WNS) ('WNS' or the 'Company'), a digital-led business transformation and services company, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. ('ISS') and Glass, Lewis & Co. ('Glass Lewis') have each recommended that shareholders vote 'FOR' the previously announced acquisition of the Company by Capgemini SE (EUR: CAP) ('Capgemini'). The 'FOR' recommendations apply to both proxy voting proposals to be considered at the upcoming Court Meeting and General Meeting of Shareholders ('General Meeting'), each scheduled for August 29, 2025. As previously announced on July 7, 2025, WNS and Capgemini entered into a definitive transaction agreement pursuant to which Capgemini will acquire WNS for a cash consideration of $76.50 per WNS share. The total cash consideration will amount to $3.3 billion, excluding WNS net financial debt. The transaction remains on track to close prior to the end of the calendar year, subject to the satisfaction of customary closing conditions and regulatory approvals. ISS and Glass Lewis have reviewed the proposed transaction and determined that it is in the best interests of WNS shareholders. Both firms cited the Company's evaluation of alternative proposals and implied share price premium as key factors in establishing their 'FOR' recommendations.1 WNS' Board of Directors has also unanimously recommended that shareholders vote 'FOR' this strategic combination at both the upcoming Court Meeting and General Meeting. Shareholders are encouraged to vote as soon as possible. The Company's shareholders are reminded that their vote is extremely important, no matter how many shares they own. Actions to be Taken WNS Shareholders are requested to complete and sign the Forms of Proxy in accordance with the instructions printed thereon and return them to WNS' registered office at 22 Grenville Street, St Helier, Jersey JE4 8PX, Channel Islands (Attn: Mourant Secretaries (Jersey) Limited), so as to be received as soon as possible and in any event not later than 2.00 p.m. (London Time) on August 27, 2025 (in the case of the Court Meeting) or 2.15 p.m. (London Time) on August 27, 2025 (in the case of the General Meeting). WNS Shareholders may also vote online following the instructions set out in the Forms of Proxy, instead of submitting the relevant Forms of Proxy by mail. Votes submitted online must be received not later than 2.00 p.m. (London Time) on August 27, 2025 (in the case of the Court Meeting) or 2.15 p.m. (London Time) on August 27, 2025 (in the case of the General Meeting). It is important that, for the Court Meeting in particular, as many votes as possible are cast so that the Court may be satisfied that there is a fair representation of the opinion of WNS Shareholders. Whether or not you intend to attend and/or vote at the Court Meeting in person, WNS Shareholders are strongly advised to sign and return your Form of Proxy for the Court Meeting (or vote online) as soon as possible and in any event prior to 2.00 p.m. (London Time) on August 27, 2025. Registered Shareholders should follow the voting instructions provided by WNS, as described above, while Beneficial Holders should follow the instructions provided by their broker or other intermediary to ensure their vote is counted. 1Permission to cite ISS and Glass Lewis was neither sought nor obtained. Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Forbes
3 hours ago
- Forbes
DePIN Passive Income: 5 Ideas That Really Work
Right now I have DePIN in my own home. I am using a Silencio device to measure sound levels and get paid for contributing that data to a decentralized network. On my kitchen counter, I have a MeinCoffee miner that makes me crypto while warming my tea. And in the living room, Solo Mining Co.'s wax melter is mining Bitcoin while filling the air with a warm, cozy scent. These are not futuristic gadgets. They are part of a movement called DePIN, short for Decentralized Physical Infrastructure Networks. DePIN turns everyday devices and assets into income-generating resources. All over the world, people are earning from things they already own. In fact, CoinMarketCap says that as of May 2025, DePIN projects had a total market capitalization of around $17.9 billion, demonstrating explosive growth—over 1,400% year-over-year—in just under two years. Here are five real-world ways you can personally use DePIN to earn potential passive income. 1. Earn crypto just for going about your day with XYO's COIN DePIN app Imagine walking your dog or heading to the grocery store and making money while you do it. That is what XYO's COIN app offers. XYO is a blockchain-powered DePIN network that rewards users for sharing location data, creating a decentralized system for trusted geospatial intelligence. You download the COIN app, let it run in the background, and earn rewards just by sharing location data from your phone. This process is called geomining, and it works while you walk, ride, or drive. The app even has bonus rewards for playing mini-games or inviting friends. In a chat with Marcus Levin, Co-Founder of XYO, he explained, "DePIN makes it possible for anyone to turn everyday actions into digital value. With XYO and COIN, we've shown how simple it can be to earn while you move through the world." How to get started: Visit XYO's COIN page and download the app. Turn on geomining, go about your usual routine, and watch rewards add up in crypto like XYO, Bitcoin, or Ethereum, or choose gift cards and gadgets instead. 2. Let Your Garden or Farm Earn For You With DePin Apps Farmsent presents an innovative approach to earning passive income by bridging the gap between technological agricultural needs and user accessibility. Farmers require a variety of sensors to gather crucial data on soil, micro-weather, and environmental conditions, which informs their decisions on irrigation, nutrients, and pest control. However, the current DePIN model often necessitates users to deploy and manage hardware, a process that can be challenging for non-technical individuals. Farmsent addresses this by introducing "managed deployment," where the platform handles the deployment of sensors in farming fields on behalf of users. The data collected from these sensors is not only consumed by farmers but also trains an AI engine for future crop prediction. This valuable data generates passive income for sensor owners as long as their sensor data is being utilized. This model allows individuals to earn income effortlessly while contributing to vital areas like food security and supporting the agricultural community. Farmsent runs on peaq. peaq is a blockchain platform built for connecting machines and physical assets to decentralized networks. In a discussion with Yog Shrusti, Co-founder and CEO of Farmsent, he shared his insights. 'What's the most important thing on a modern farm? It's not the tractor, it's the data. The vast network of IoT devices collecting data on soil, environment, and micro weather creates a machine economy that brings with it a new opportunity for passive income.' How to get started: Explore peaq's docs to see how its ecosystem works and how developers are applications. If you are not a developer, keep an eye out for apps in your city that are powered by peaq like Farmsent. 3. Make Money While Your Computer With DePIN Does The Work With HiVello If you have a computer sitting idle, Hivello makes it simple to turn that unused power into passive income. Hivello connects your machine to Web3 DePIN projects, letting you earn without needing any blockchain experience. Think of it as an easy on-ramp to the decentralized physical infrastructure network, where your device does the work and you collect the rewards. For businesses, this means a low-friction way to monetize underutilized computing resources while gaining exposure to the fast-growing DePIN economy. For the average person, using Hivello is as easy as downloading the app, connecting your computer, and letting it run in the background. Hivello does the hard part of linking your device to different projects, and you start earning automatically. It's like Airbnb for your computer — instead of renting out a spare room, you're renting out spare computing power, and turning something that normally sits unused into a steady stream of rewards. How to get started: Download the Hivello app for Windows, MacOS, or Linux. Install it on your desktop and you will be running in about five minutes. Once active, your computer begins contributing to different Web3 projects, and you earn tokens directly from those protocols. 4. Earn From Your Home Assets Like Washers, Solar Panels, Or EV Chargers With DePin DePIN is starting to move into household life. Imagine your washer and dryer earning income when neighbors use their compute power, your rooftop solar panels selling extra energy automatically, or your home EV charger becoming a neighborhood charging station. WeCharge and Share&Charge connect physical EV chargers to a blockchain-based marketplace. Owners share access, and payments flow through decentralized or tokenized rails. That's a textbook DePIN pattern that monetizes underused infrastructure via blockchain coordination Sun Exchange lets you sell unused solar power to people and businesses, even across borders. Appliance-sharing projects are still emerging, but blockchain-based marketplaces are already doing this for other home equipment. How to get started: For EV charging, check Share&Charge or WeCharge. For solar, explore Sun Exchange. 5. Help AI Work Smarter And Get Paid For Real-World Data Through DePIN AI needs real-world, verifiable data to make accurate decisions, and DePIN projects are paying people to supply it. By contributing information like environmental readings, weather reports, or verified locations, you can help make AI systems more reliable while earning income. Real examples include PlanetWatch which pays people to install and operate air quality sensors in homes and offices. This data is used by environmental researchers and AI systems. WeatherXM rewards you for running a weather station that feeds hyperlocal weather data to the network. AI platforms and forecasting models use this to improve accuracy. XYO Provenance Network verifies the origin of real-world data like package locations or environmental measurements, rewarding contributors for their role in validating truth. How to get started: Join PlanetWatch to contribute environmental data. Check WeatherXM for running a weather station. Or install XYO's COIN app to start contributing verified location data immediately. The DePIN Specturm There is a Spectrum of DePIN Maturity, showing how decentralized physical infrastructure networks (DePIN) range from strong, protocol-level infrastructure to lighter, consumer-facing applications. On the Strong/Core DePIN side, projects like XYO, Helium, peaq, Farmsent, and HiVello represent networks where decentralized infrastructure is essential to the functioning of the blockchain protocol itself—whether through location verification, wireless connectivity, machine economy platforms, agricultural IoT data, or spare compute power. On the Lighter/Adjacent DePIN side, platforms such as Share&Charge and Sun Exchange focus more on blockchain-enabled marketplaces where the blockchain layer primarily handles payments, access control, or fractional ownership, rather than being central to protocol operation. The continuum of decentralization and application maturity(shown in the blue gradient arrow) conveys the continuum of decentralization and application maturity, bridging infrastructure-driven systems on the left with consumer-driven marketplaces on the right. DePIN does matter on all sides of the specturm and can have impact not just for individuals but countries as well. The DePIN Passive Income Takeaway DePIN is changing the way people think about income. Instead of tech giants owning all the infrastructure and taking the profits, it lets you turn everyday assets into money-makers. Your phone, your car, your computer, your home appliances, and even the data you generate every day can quietly bring in income while you live your life. By tapping into DePIN projects, you can join the growing wave of people earning from what they already have. The technology runs quietly in the background, and the potential is only growing as more real-world networks connect to blockchain using DePIN.
