Hyperscale Data

What Hyperscale Data does

Hyperscale Data, Inc. (NYSE American: GPUS), formerly Ault Alliance, Inc., is a diversified holding company that has pivoted from Bitcoin mining toward AI-optimized data center colocation services, while retaining digital asset treasury, defense electronics, and adjacent commodities businesses. The company operates a 30MW Michigan campus in Dowagiac (targeting 340MW expansion on 83 acres), a Montana facility with 125MW of additional utility-approved capacity, and a Las Vegas headquarters. Its core offering is enterprise colocation and managed hosting for AI and high-performance computing workloads, anchored by NVIDIA GPU infrastructure, high-density power, advanced cooling, and AI-driven infrastructure optimization (predictive load balancing, automated thermal optimization, AI-driven security). The company signed a $1.2 billion, 10-year Master Services Agreement (expandable to ~$3 billion at 52MW) with a California-based AI neocloud provider at the Michigan campus, with initial operations targeted for Q4 2026.

Revenue is generated through multiple streams: long-term recurring colocation MSAs with AI neocloud providers and hyperscalers; defense electronics hardware sales via Gresham Worldwide and Ballista Group; Bitcoin mining through Sentinum and BNI Montana (being wound down); professional services and data generation via Omnipresent Robotics' 143 humanoid robots; lending income via Ault Lending; and precious metals acquisition and vaulting via Ault Global Commodities in partnership with Scottsdale Mint and The Wyoming Reserve. The go-to-market is enterprise direct sales targeting AI infrastructure buyers with multi-year MSA contracts and 10-year base terms with expansion options. Hyperscale Data also maintains a ~727 Bitcoin treasury (~$45.9M) and ~$94.8M in combined cash, restricted cash, Bitcoin, and silver holdings, equal to approximately 100% of its market capitalization as of mid-2026. Capital is being raised primarily through at-the-market equity programs with Spartan Capital Securities (including a $300M ATM launched June 2026) and a $15.96M Yorkville pre-paid advance, which together imply significant near-term share dilution as the company funds its AI compute buildout.

Name

Hyperscale Data

Legal name

Hyperscale Data, Inc.

Website

https://hyperscaledata.com

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hyperscale Data is a Las Vegas-based holding company that operates AI-optimized data centers in Michigan and Montana, offering long-term colocation MSAs to AI neocloud providers while maintaining a Bitcoin treasury, defense electronics subsidiaries, and a humanoid robotics unit.

Ownership category

akta.pro rank

Product category

Data Center Colocation Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC)

akta.pro secondary industry

AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH)

Keywords

• AI data center colocation
• GPU cloud infrastructure
• Bitcoin treasury management
• Defense electronics manufacturing
• Humanoid robotics systems

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. AI Data Center Colocation: Long-term colocation and hosting services for AI compute capacity. Revenue from 10-year MSAs with expansion options, generating $1.2B+ over base term and up to $3B if fully exercised.
2. Bitcoin Mining: Digital asset mining operations through subsidiary Sentinum, generating Bitcoin holdings. Company is gradually exiting this business to focus on AI compute.
3. Defense Electronics: RF/microwave systems, power systems, ruggedized electronics, and test/simulation technologies through Gresham Worldwide, Ballista Group, and TurnOnGreen subsidiaries.
4. Robotics Systems: OPR-R2 humanoid robot deployment and embodied AI data services through Omnipresent Robotics subsidiary.
5. Lending Operations: Ault Lending subsidiary providing financial services, generating high-margin revenue contributions.
6. Precious Metals: Physical precious metals (silver, gold, platinum, palladium) and rare earth minerals through Ault Global Commodities partnership with Scottsdale Mint.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Hyperscale Data operates AI-optimized data center colocation and hosting services across facilities in Michigan (up to 340MW expandable capacity) and Montana, providing GPU compute capacity, managed cloud services, and AI infrastructure under long-term Master Services Agreements. The company also maintains a Bitcoin treasury strategy, defense electronics manufacturing (RF/microwave and ruggedized power systems), humanoid robotics (OPR-R2), and precious metals operations through wholly-owned subsidiaries.

Differentiator

Problem solved

Functional benefit

Brands

• Omnipresent Robotics: Wholly-owned subsidiary focused on humanoid robotics and embodied AI development for deployment at the Michigan AI data center campus.
• Ault Global Commodities
• Alliance Cloud Services

Products and services

• AI Compute Colocation Services Secure, high-density colocation and hosting services for AI ecosystems at Michigan and Montana data center campuses. Provides GPU compute capacity under long-term MSAs to AI neocloud providers and hyperscalers, targeting 99.9% uptime with 85% green energy.
• Managed Data Center Services Comprehensive solutions addressing the complexities of maintaining and optimizing data center operations for enterprise customers, including proactive monitoring, performance tuning, backup and recovery, and 24/7 support.

Quantifiable outcome

• $1.2 billion base revenue from 20MW AI compute MSA over 10-year term
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Alliance Cloud Services (ACS)coreTechnology or Integration · 24 June 2026Subsidiary of Hyperscale Data providing AI compute colocation services. ACS signed $1.2B MSA with neocloud provider for 20-52MW capacity at Michigan campus.
• Lower Yellowstone Rural Electric CooperativesupportingOthers · 24 June 2026Utility provider issuing 'will serve' letter for up to 125 additional megawatts at Montana facility, supporting Bitcoin mining, AI computing, and cloud services expansion.
• The Wyoming ReservesupportingOthers · 1 June 2026Vaulting partnership for secure storage of physical precious metals. Provides institutional-grade Class 3 vault protection in Casper, Wyoming.
• AGIBOT PTE. LTD.coreStrategic or Co-development Partner · 11 May 2026Singapore-based humanoid robotics developer. Hyperscale Data's Omnipresent Robotics subsidiary partnered to acquire 143 OPR-R2 humanoid robots and develop robotics data collection center. Hyperscale Data holds highest partner tier status as first American company to achieve this designation.
• Scottsdale MintsupportingStrategic or Co-development Partner · 27 April 2026Partnership for acquiring physical precious metals (silver, gold, platinum, palladium) and rare earth minerals. Initial purchase of 10,000 ounces of .999 fine silver completed through this agreement.
• NVIDIAcoreTechnology or IntegrationInfrastructure partner providing GPU technology. Company mentions NVIDIA Blackwell and future-generation architectures for AI compute ecosystems.

Scale indicators13 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Lambda Labs: Lambda is an AI cloud and GPU infrastructure provider operating on-demand and reserved NVIDIA compute for AI training and inference. Comparable as a customer/competitor for AI colocation capacity and as an operator of GPU clusters.
• CoreWeave: CoreWeave is a hyperscale neocloud built on NVIDIA GPUs offering AI compute infrastructure to model labs and enterprises. Comparable as both a customer of colocation capacity and a direct competitor serving AI compute workloads at scale.
• TeraWulf: TeraWulf is a Bitcoin miner that has pivoted toward HPC/AI compute hosting at its Lake Mariner facility, including a Core42 lease. Closely comparable in scale, capital constraints, and the mining-to-AI pivot narrative.
• Applied Digital: Applied Digital operates AI/HPC colocation campuses (notably its Polaris Forge in North Dakota) with similar 200MW+ power pipelines and a recent pivot narrative away from Bitcoin mining toward AI compute. Closely comparable in customer profile (neocloud anchor tenants), power-scarcity strategy, and capital structure.
• Hut 8: Hut 8 is a Bitcoin mining operator that has pivoted into AI/HPC compute services (notably through its Highrise AI vertical and the Trump-related American Bitcoin venture). Highly comparable strategic narrative — crypto-mining roots transitioning to AI compute.
• Crusoe Energy: Crusoe is a leading AI neocloud provider building large-scale GPU clusters (often in energy-adjacent locations) and serving AI labs with dedicated compute capacity. Closely comparable as a customer of high-density colocation capacity and as a competitor for the same neocloud customer set.
• Iris Energy: Iris Energy is a Bitcoin miner that has begun pivoting toward AI/HPC compute at its renewable-powered data centers in Texas and British Columbia. Comparable as a smaller-cap public peer executing the same mining-to-AI transition.

Broad incumbents

• Equinix: Equinix is a global colocation and interconnection leader operating 260+ IBX data centers. Comparable as a broad incumbent offering overlapping AI/colocation capabilities, though it focuses on interconnection-rich retail colocation rather than hyperscale build-to-suit.
• Digital Realty Trust: Digital Realty is one of the largest global data center REITs, serving hyperscalers and AI workloads with multi-hundred-MW campuses. Comparable as a large incumbent with overlapping AI-ready capacity and similar enterprise-tenant focus.
• Vantage Data Centers: Vantage is a global hyperscale data center developer/operator with multi-hundred-MW campuses serving AI and cloud tenants. Comparable as a larger, more established colocation operator competing for the same anchor tenant contracts.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hyperscaledata
• Facebookfacebook.com/hyperscaledata
• Instagraminstagram.com/hyperscaledata
• LinkedInlinkedin.com/company/hyperscaledata

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries9 records

Funding overview

Funding rounds8 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyperscale Data