Latest news with #Milton'Todd'AultIII
Associated Press
03-06-2025
- Business
- Associated Press
Hyperscale Data Reports Approximately $8.7 Million In Bitcoin Mining Revenue Year to Date, Including Approximately $1.9 Million for May 2025
LAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ('Hyperscale Data' or the 'Company'), today announced that its wholly owned subsidiary Sentinum, Inc. ('Sentinum') received approximately 17.4 Bitcoin in the month of May 2025 and approximately 90 Bitcoin year to date from the mining pool to which Sentinum provides hash calculation services. Revenue is calculated daily based upon the number of Bitcoin earned that day at the value of Bitcoin on such date. 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 or available at 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 and on the Company's website at Hyperscale Data Investor Contact: [email protected] or 1-888-753-2235
Associated Press
21-05-2025
- Business
- Associated Press
Hyperscale Data Provides Business Update; Reports $25 Million in Q1 Revenue and Reaffirms $115–$125 Million Full-Year Revenue Guidance
LAS VEGAS, May 21, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ('Hyperscale Data' or the 'Company'), yesterday filed its Form 10-Q for the quarter ended March 31, 2025. The Company reported revenue of $25 million for the first quarter and reaffirms its previous guidance of $115 to $125 million of revenue for the year ending December 31, 2025, citing continued momentum across its artificial intelligence ('AI') data center, equipment rental and financial services operations. In the first quarter, Hyperscale Data recorded a one-time gain of $10.0 million from the deconsolidation of its former majority owned subsidiary, Avalanche International, Corp. after it filed for bankruptcy protection. The Company continues to see strong performance in its AI-driven Michigan data center, which is undergoing a full-scale transition to support high-performance computing infrastructure. The Company expects revenue in the second half of 2025 from askROI, Inc. ('askROI'), the Company's subsidiary focused on AI software, from enterprise adoption of existing products coupled with revenue from planned new product offerings. The Company also reported strength in its equipment rental business, Circle 8 Crane Services, LLC, which serves the Southern United States region across multiple verticals. Energy-related infrastructure projects continue to drive demand for specialized crane and rigging solutions. In addition, the Company believes there could be an increase from its financial services segment, particularly its lending operations, where demand for structured credit and asset-backed financing is rising amid broad volatile market conditions. However, unrealized gains and losses from market price changes have caused, and will likely continue to cause, significant volatility in the Company's periodic earnings in this segment. The Company is also seeing positive momentum from its Bitcoin mining activities and is excited for the resumption of Bitcoin mining activities at the Company's Montana site. Management believes that continued strength in Bitcoin pricing will generate additional revenue in the future. The Company is reaffirming its plan to separate non-core operations and spin off Ault Capital Group, Inc. ('ACG'), which will hold all the Company's non-data center and Bitcoin mining assets and operations. The strategic separation is expected to be completed on or about December 31, 2025, allowing Hyperscale to operate as a focused data center and AI infrastructure business. For more details surrounding this planned divestiture, the Company encourages interested parties to read the About Hyperscale Data, Inc. section of this press release below. 'The plan to separate the Company and create a pure-play data center business within Hyperscale Data remains on track,' said Milton 'Todd' Ault III, Executive Chairman of Hyperscale Data. 'The Company is in a strong position to grow its data center business and is very comfortable with the growth and outlook for the AI data center space.' 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 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's 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 '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 and on the Company's website at Hyperscale Data Investor Contact: [email protected] or 1-888-753-2235
Yahoo
24-04-2025
- Business
- Yahoo
Hyperscale Data Subsidiary askROI Launches Artificial Intelligence Platform on App Store and Google Play
LAS VEGAS, April 24, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ('Hyperscale Data' or the 'Company'), today announced that its indirectly wholly owned subsidiary askROI, Inc. ('askROI'), has officially launched in both the Apple App Store and Google Play. askROI has seen strong traction since launching and has reached over 30,000 downloads with significant daily average user growth. askROI delivers advanced business intelligence capabilities through an intuitive, user-friendly interface, making data analysis and strategic decision-making accessible to users of all technical skill levels. By harnessing the power of artificial intelligence and machine learning, askROI empowers businesses to unlock actionable insights from their data, enabling them to make smarter decisions, faster. 'We are thrilled with the progress that askROI has made this year,' said Milton 'Todd' Ault III, Chief Executive Officer of askROI. 'The askROI team is hard at work and is excited to release a new product in the coming weeks and remains committed to enhancing its platform experience and providing users with the tools they need to make better business decisions.' 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 or available at About Hyperscale Data, Inc. Through its wholly owned subsidiaries, 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 ecosystems and other industries. Hyperscale Data's 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 intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support high-performance computing services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence 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. 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 and on the Company's website at Hyperscale Data Investor Contact:IR@ or 1-888-753-2235Sign in to access your portfolio
Associated Press
31-03-2025
- Business
- Associated Press
MoneyShow Announces 'Income, Growth, and Value Virtual Expo' on Apr. 29-30, 2025
MoneyShow, a leading producer of live and online financial conferences for investors, traders, and financial advisors, is pleased to announce the upcoming 'Income, Growth, and Value Virtual Expo' on Apr. 29-30, 2025. This fully virtual event will bring together more than 15 renowned speakers who will help attendees unlock hidden value from equities and safeguard their portfolios against volatility. MoneyShow conferences are recognized for offering premier educational experiences while fostering productive networking environments. The upcoming wholly virtual and actionable event will provide attendees with key insights on new profit opportunities for 2025, regardless of investing approach. Experts will share new strategies to help guide traders and investors to greater yields, identify companies with hyper-growth potential, buy the best assets at cost-effective price points, and discover stocks, sectors, and alternative investments that will help them reach their financial goals. This summit will bring together leading economists, market analysts, money managers, and professional traders. Attendees will get a 360-degree view of what assets are most promising and how to capitalize on these trends. The virtual format will allow attendees to access live market analysis, portfolio recommendations, and a wealth of educational resources. Interactive features include virtual booths showcasing investment opportunities, one-on-one Zoom meetings with company representatives, and insightful presentations. Participants can also engage directly with thought leaders, access exclusive discounts, and win prizes during illuminating sessions. Notable speakers include Milton 'Todd' Ault III, Executive Chairman and CEO, Ault and Company; Omar Ayales, Editor of Gold Charts R Us; Nancy Davis, Managing Partner and CIO, Quadratic Capital Management, LLC; John Divine, Senior Financial Markets Editor, U.S. News and World Report; Jamie Dlugsoch, Editor, The Rational Trader; and Avi Gilburt, Esq., Founder, Attendees will have the opportunity to interact with these industry leaders, gaining valuable insights to strengthen their market strategies in 2025. The full roster of speakers can be accessed here: Sponsors and partners of the expo include prestigious organizations such as The Deal Alliance, Crown Exploration, Investor's Business Daily, and MarketWatch. Mike Larson, Editor-in-Chief at MoneyShow, highlighted the significance of the coming event, 'Markets have experienced increased volatility due to the announcement of sweeping tariffs, retaliatory measures from trading partners, stubborn inflation metrics, and more. However, the tumult in the markets and risk-off sentiment also presents unique and new opportunities for investors to earn higher yields and robust potential returns. Our line-up of speakers includes veteran investors, highly successful traders, and renowned financial experts. They will share up-to-date insights to help attendees optimize their portfolios for growth – and protect against macroeconomic headwinds throughout 2025.' MoneyShow has partnered with IBN (InvestorBrandNetwork) to amplify the digital reach of the event. IBN's extensive network includes over 5,000 syndication partners, such as Apple News and MarketWatch, as well as 60+ IBN brands with millions of followers. As the official media sponsor, IBN will enhance recognition for speakers, participants, and the event through cutting-edge digital and social media strategies. Randy Clark, Director of Global Operations at IBN, emphasized the value of the event, stating, 'MoneyShow events are industry flagship events that draw highly-sought after speakers and a high-calibre audience. Educational resources and the depth of market intelligence at these events has proven to be invaluable, particularly during periods of heightened uncertainty. This conference shall offer unparalleled opportunities to optimize investing and trading strategies, discover exceptional value in both income and growth stocks, as well as leverage hidden opportunities across a variety of financial instruments in 2025. We are excited to collaborate with MoneyShow and deliver a powerful experience for attendees.' About MoneyShow MoneyShow has a long history of creating successful investors and traders through timely investing and trading education, delivered by powerful experts who are best-selling authors, market analysts, portfolio managers, award-winning financial journalists, and newsletter editors. With MoneyShow's interactive environment, our audience of over one million passionate investors and traders are offered a unique format of live, interactive exchange, which generates unparalleled experience for both the expert and the investor and trader. With constant network expansion, we continue to create broader distribution of our expert commentary through virtual events, face-to-face forums, social media, and in-depth courses that educate and guide qualified investors and traders to outperform the market. Each session energizes, empowers, and educates everyone who participates. The opportunity for learning and profit within this highly charged atmosphere draws hundreds of thousands of enthusiasts, year after year. General Inquiries: Michael Scalisi Business Development, Media Partnerships 941-373-2262 About IBN IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients. Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.
Associated Press
12-02-2025
- Business
- Associated Press
Hyperscale Data Announces 32 Consecutive Monthly Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
LAS VEGAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ('Hyperscale Data' or the 'Company'), today announced that it has successfully paid 32 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (the 'Series D Preferred Stock'). Dividends on the Series D Preferred Stock are cumulative and are payable out of amounts legally available therefor at a rate equal to 13.00% per annum per $25.00 of stated liquidation preference per share, or $0.2708333 per share of Series D Preferred Stock per month. Milton 'Todd' Ault III, Founder and Executive Chairman of the Company, stated, 'The Company continues to reaffirm its commitment to enhancing its overall credit profile and making timely dividend payments on the Series D Preferred Stock. I want to highlight to all stockholders that the current yield on the Series D Preferred Stock is 21.05% based upon a closing price of $15.44 on February 11, 2025. I am confident in the long-term nature of the Series D Preferred Stock and am very proud of the Company's track record with respect to the Series D Preferred Stock.' Link to NYSE quote for the Company's 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock: 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 or available at About Hyperscale Data, Inc. Hyperscale Data is transitioning from a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact to becoming solely an owner and operator of data centers to support high performance computing services. Through its wholly and majority-owned subsidiaries and strategic investments, 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 ecosystems and other industries. It also provides, through its wholly owned subsidiary, Ault Capital Group, Inc., mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, Hyperscale Data 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 240, Las Vegas, NV 89141; Hyperscale Data, Inc. 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 and on the Company's website at
