Hyperscale Data Sets Minimum $750M Sale Threshold for Michigan AI Campus, Eyes Potential Value Up to $1.25B
Hyperscale Data (NYSE American: GPUS) has set a minimum valuation of $750 million as the threshold at which it would consider selling its Michigan AI data center campus. Management estimates that the facility could support a value between $750 million and $1.25 billion, based on factors including an executed master services agreement (MSA), infrastructure capabilities, power access, expansion potential, and industry valuations. The MSA with a California-based neocloud provider includes initial deployment of 20 MW for AI compute capacity over a 10-year term, extendable to 20 years. The contract could generate up to $3 billion in total revenue if the customer exercises expansion options adding another 32 MW. Beyond this agreement, management believes the campus may eventually support more than 300 MW of power. The company is evaluating strategic alternatives such as a sale, an IPO for its subsidiary Sentinum Inc., or continued development to maximize shareholder value. No final decision has been made.
Tickers: $GPUS
Topics: AI Infrastructure Data Centers M&A