Hyperscale Data's subsidiary Sentinum resumes Bitcoin mining in Montana, aiming to enhance profitability and operational capacity.
Quiver AI Summary
Hyperscale Data, Inc. announced that its subsidiary Sentinum, Inc. has successfully reenergized 10 megawatts of power at its Montana facility and is resuming Bitcoin mining operations. Starting with around 50 Antminers in operation, Sentinum plans to ramp up to approximately 2,600 within a week and reach full capacity of about 3,200 Antminers by the end of July 2025. This initiative follows extensive planning and aims to enhance profitability by leveraging underutilized power. CEO Will Horne expressed enthusiasm over the resumption, highlighting the alignment with the recent appreciation of Bitcoin's value. Additionally, Hyperscale Data is preparing for a divestiture of its other subsidiary, Ault Capital Group, by the end of 2025, focusing on being solely a data center operator supporting high-performance computing.
Potential Positives
- Sentinum, Inc. has successfully reenergized approximately 10 megawatts of power and resumed Bitcoin mining operations, which is expected to enhance profitability.
- The company plans to increase Bitcoin mining operations to approximately 3,200 Antminers by the end of July 2025, significantly boosting operational capacity.
- The resumption of mining comes at a favorable time as the appreciation of Bitcoin has been outpacing the increase in mining difficulty, potentially increasing top line revenues.
- The strategic planning and execution involved in this resumption demonstrate effective management and operational flexibility, which can enhance investor confidence.
Potential Negatives
- Resuming Bitcoin mining operations may expose the company to market volatility and regulatory risks associated with cryptocurrency mining, which could negatively impact profitability.
- The announcement of the divestiture of Ault Capital Group could lead to uncertainty regarding the company’s future direction and overall stability post-divestiture.
- The dependency on Bitcoin price appreciation raises concerns about sustainability, as any decline in Bitcoin prices could adversely affect revenue projections.
FAQ
What recent development has Hyperscale Data announced?
Hyperscale Data announced the resumption of Bitcoin mining operations at its Sentinum facility in Montana.
How many Antminers are currently in operation?
Currently, approximately 50 S19j Pro Antminers are operational, with plans to increase to about 2,600 within a week.
What is the expected capacity for Antminers by the end of July 2025?
Sentinum anticipates increasing operations to full capacity of approximately 3,200 Antminers by the end of July 2025.
Why is Hyperscale Data resuming Bitcoin mining?
The resumption aims to improve profitability and capitalize on underutilized power at the Montana site.
What does the company plan for Ault Capital Group?
Hyperscale Data expects to divest Ault Capital Group on or about December 31, 2025, to focus solely on data center operations.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GPUS Insider Trading Activity
$GPUS insiders have traded $GPUS stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GPUS stock by insiders over the last 6 months:
- MILTON C III AULT (Executive Chairman) has made 2 purchases buying 1,100 shares for an estimated $1,922 and 0 sales.
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Full Release
LAS VEGAS, July 02, 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 ”), has completed the reenergizing of approximately 10 megawatts of power at its Montana facility and is resuming Bitcoin mining operations. Sentinum expects to have approximately 50 S19j Pro Antminers (“ Antminers ”) in operation today, which will be increased to approximately 2,600 within the next week. Sentinum anticipates increasing operations to full capacity of approximately 3,200 Antminers by the end of July 2025.
The resumption of Bitcoin mining operations in Montana follows months of strategic planning and execution by the Sentinum team and is aimed at improving profitability and capitalizing on underutilized power at Sentinum’s Montana site.
“We are excited to announce the resumption of Bitcoin mining operations in Montana and are happy with the execution from the Sentinum team,” stated Will Horne, Chief Executive Officer of Hyperscale Data. “This year, the appreciation of Bitcoin has slightly outpaced the increase in the difficulty to mine Bitcoin. Bringing Bitcoin mining operations back online in Montana will help with Sentinum’s operational flexibility while increasing top line revenues and capitalizing on the recent appreciation in the price of Bitcoin.”
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 operate in the digital asset space as described in the Company’s filings with the SEC. 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