InvestorNewsBreaks – Hyperscale Data Inc. (NYSE American: GPUS) Highlights Strategic Focus on AI Data Centers and Michigan Expansion

September 27, 2024 11:40:00

In a letter to stockholders, Hyperscale Data Inc. (NYSE American: GPUS) CEO William B. Horne outlined the company’s focus on transforming into a pure-play data center business, emphasizing the potential of its Michigan facility as a major AI infrastructure hub. With 14 acres under roof and 20 more available for expansion, the site is powered by clean energy sources and positioned to serve the growing AI market. Hyperscale plans to increase capacity from 30 MW to 300 MW and is in talks with leading companies for long-term leases. The company also intends to divest non-core assets via special distributions.

To view the full press release, visit https://ibn.fm/5UPgO

About Hyperscale Data

Hyperscale Data is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Hyperscale Data owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. It also provides mission-critical products that support a diverse range of industries, including a social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma, hotel operations and textiles. In addition, Hyperscale Data is actively engaged in private credit and structured finance through a licensed lending subsidiary. For more information, visit the company’s website at www.HyperscaleData.com

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