LAS VEGAS – Hyperscale Data, Inc. () reported that its combined holdings of , cash, restricted cash, and totaled approximately $106.7 million as of June 29, according to a press release statement.
The company’s wholly owned subsidiaries, Sentinum, Inc. and Ault Capital Group, Inc., held 780.4838 Bitcoin as of Sunday. Between June 21 and June 29, Ault Capital Group purchased approximately 49.2490 Bitcoin in the open market. Based on Bitcoin’s closing price of $60,138 on June 29, the collective Bitcoin holdings had an approximate market value of $46.9 million. The company also holds 10,000 ounces of silver.
The $106.7 million in assets represented approximately 117.06% of the company’s market capitalization of $77.52 million based on the closing price of its common stock on June 29. The company’s financial position shows strain, with InvestingPro data revealing a current ratio of just 0.53 and a debt-to-equity ratio of 1.17, indicating liquidity challenges as short-term obligations exceed liquid assets.
Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “Hyperscale Data has reported Bitcoin, cash, restricted cash and silver holdings of approximately $106.7 million, while we continue to advance our Michigan AI data center strategy, robotics platform and Bitcoin treasury initiatives.” The stock has faced significant headwinds, declining 88.59% over the past year and 37.54% in the last week alone.
Through its subsidiary Sentinum, Hyperscale Data owns and operates a data center where it mines digital assets and offers colocation and hosting services. The company’s other subsidiary, Ault Capital Group, is a holding company pursuing growth through acquisitions.
Hyperscale Data expects the divestiture of Ault Capital Group to occur in the second quarter of 2027. The divestiture will occur through a voluntary exchange of Series F Exchangeable Preferred Stock for shares of Ault Capital Group’s Class A and Class B Common Stock.
In other recent news, Hyperscale Data, Inc. announced the establishment of a $120 million reserve to support the development of its Michigan AI data center campus. This move follows a significant deposit of $10.6 million from a customer under a Master Services Agreement with a California-based neocloud provider. Additionally, Hyperscale Data completed the acquisition of 48.5 acres of land adjacent to its Michigan AI Data Center, expanding the campus to approximately 83 acres. The company also secured a “will serve” letter from the Lower Yellowstone Rural Electric Cooperative, granting up to 125 megawatts of additional power at one of its Montana facilities.
Moreover, Hyperscale Data signed a Master Services Agreement valued at over $1.2 billion with a California-based neocloud provider for colocation and data center services at its Michigan facility. This agreement includes the deployment of 20 megawatts of AI compute capacity, expected to be operational by the fourth quarter of 2026, with potential expansion up to 52 megawatts. The contract has an initial 10-year term with options for two additional five-year extensions. These developments mark significant progress for Hyperscale Data in enhancing its data center capabilities and expanding its operational footprint.
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