Ault & Company Invests $55 Million in Hyperscale Data
Ault & Company has invested an additional $55 million into Hyperscale Data, a NYSE American-listed company. This investment is made through the purchase of convertible preferred stock and does not include previous open market purchases by Ault or its affiliates. The firm now beneficially owns approximately 62% of Hyperscale Data. Ault & Company believes there's a significant disconnect between Hyperscale Data’s current valuation and the value of its assets, particularly highlighting the Michigan AI data center project. This facility has already received over $70 million in investment through its subsidiary Alliance Cloud Services (ACS), with an initial 20 MW contract that could expand to 52 MW under a master services agreement. Hyperscale Data reported total assets of approximately $360 million as of June 30, 2026. The company also holds around $51 million in Bitcoin and cash reserves. Ault & Company's investment underscores its confidence in the long-term potential of Hyperscale Data’s diverse portfolio.
Topics: convertible preferred stock market valuation ownership stake private equity investment