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Hyperscale Data (GPUS) explores a sale or IPO of its Michigan AI data center campus, targeting a valuation between $750M and $1.25B.
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Such figure doesn't include funds expended by Ault & Company or any of its affiliates in purchasing Hyperscale Data common stock in open market purchases. Ault & Company and its affiliates currently
Hyperscale Data plans to separate Bitcoin mining into Patriot BTC as investors weigh Michigan AI funding needs and dilution risk.
As part of the proposed transaction, Hyperscale Data intends to initially transfer all operating assets used in its cryptocurrency mining operations to Patriot BTC, including the Company's Montana data center,
GPUS Michigan Data Center targets a November 2026 start after $70M invested, while financing and dilution risks remain.