Latest news with #WilliamB.Horne
Associated Press
02-04-2025
- Business
- Associated Press
Hyperscale Data Announces 56 Bitcoin Mined Year to Date and 3,061 Bitcoin Mined Since Inception of Mining Operations in March 2021
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') mined approximately 56 Bitcoin from January 1, 2025, to March 31, 2025. Since March of 2021, Sentinum has mined approximately 3,061 Bitcoin. 'The Company is proud of the Sentinum team and the efficiency with which the mining operations are run. We believe it is important to update stockholders on our current and historical Bitcoin mining operations and of Sentinum's accomplishments in the Bitcoin mining space,' stated William B. Horne, Chief Executive Officer of Hyperscale Data. 'The Company has previously noted its intentions to relocate the majority of its Bitcoin mining operations concurrently with the buildout of its Michigan Data Center and will continue to update stockholders as this progresses.' 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
Yahoo
28-03-2025
- Business
- Yahoo
Hyperscale Data Completes First Installation of Nvidia GPUs for HPC Customer
LAS VEGAS, March 28, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ('Hyperscale Data' or the 'Company'), today is proud to announce the successful installation of its first Nvidia GPU deployment for a new Silicon Valley-based cloud services provider. This milestone marks a significant step in the Company's strategic transformation of its Michigan data center into a cutting-edge artificial intelligence ('AI') and high-performance computing ('HPC') facility. The initial deployment of Nvidia GPUs is part of a broader initiative to build an infrastructure that supports the growing computational demands of enterprise and cloud-native applications. The Company's Michigan data center currently utilizes approximately 28 megawatts, with plans to grow to approximately 340 megawatts over the next several years to meet the energy requirements of advanced AI and HPC workloads, reinforcing the Company's position to be at the forefront of data center innovation. William B. Horne, Chief Executive Officer of Hyperscale Data, commented, 'The first successful installation of these servers for our customer is a large step in the right direction for the Company and its transition to a pure play data center business. We are very proud of the progress made so far and will continue to dedicate our efforts towards building out a world class data center to service the evolving needs of the AI industry.' 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 AI 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 HPC 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 240, 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
