Hyperscale Data Reports $50.6 Million in Bitcoin and Cash Reserves
Hyperscale Data, Inc. (GPUS) has announced its financial position as of November 1, 2026, reporting total holdings of approximately $50.6 million. This includes 211.4639 Bitcoin valued at roughly $16.5 million based on a closing price of $78,248 per coin, alongside $34.1 million in cash and restricted cash. The company is currently focused on the development of its Michigan AI data center, with plans to energize the initial 10 megawatts of IT capacity by December 2026. This milestone is critical for fulfilling existing master services agreements and supporting high-performance computing demands. Looking ahead, Hyperscale Data expects to divest its subsidiary, Ault Capital Group (ACG), in 2027. Following this divestiture, the company intends to pivot its core operations toward data center ownership and operation, while maintaining holdings in digital assets and Omnipresent Robotics, LLC.
Tickers: $GPUS
Topics: AI infrastructure Bitcoin holdings Cash reserves Data center development
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Part of the story Hyperscale Data Sells Remaining Bitcoin Reserves to Fund Michigan AI Data Center and Reduce Debt (3 articles)