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Hyperscale Data Invests $70M In Michigan, Dilution Risks Remain

Sep 17, 2026, 3:35 PMAkanksha Bakshi

GPUS Michigan Data Center targets a November 2026 start after $70M invested, while financing and dilution risks remain.

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BenzingaSep 25, 2026, 11:06 AMBenzinga Newsdesk
Hyperscale Data Announces That Ault & Company Currently Holds ~62% Stake In The Company Following $55M Purchase Of Convertible Prefs
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
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BenzingaSep 22, 2026, 3:20 PMAkanksha Bakshi
Hyperscale Data Reshapes Business Around AI, Shares Hover Near Lows
Hyperscale Data plans to separate Bitcoin mining into Patriot BTC as investors weigh Michigan AI funding needs and dilution risk.
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BenzingaSep 22, 2026, 10:17 AMBenzinga Newsdesk
Hyperscale Data Plans New Subsidiary Patriot BTC To Hold Its Cryptocurrency Mining Operations And Related Assets Separately
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