Hyperscale Data Halts Michigan Bitcoin Mining to Prepare Site for $1.2B AI Deal (GPUS:NYSE)
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Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026
LAS VEGAS, Sept. 1, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI“) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company“), today announced that, as of August 30, 2026, it held 214.9701 Bitcoin representing an aggregate value of approximately $16.7 million based on the Bitcoin closing price of $77,668 …
Hyperscale Data Shuts Down Michigan Bitcoin Mining Ahead of $1.2B AI Contract
Tech company Hyperscale Data permanently powered down all of its Bitcoin mining rigs at its Michigan data center effective September 1. Management confirmed the move follows a comprehensive reconfiguration of the site to host artificial intelligence computing infrastructure, under a commercial agreement with a California-based neocloud provider. The initial master agreement covers 20 megawatts and ...
Hyperscale Data shuts down Michigan bitcoin mining to chase $1.2B AI deal
Hyperscale Data's shift from bitcoin mining to AI infrastructure highlights a strategic pivot towards higher-margin opportunities in tech innovation. The post Hyperscale Data shuts down Michigan bitcoin mining to chase $1.2B AI deal appeared first on Crypto Briefing.
Hyperscale Data has turned off all the miners of Bitcoin in its data center in Michigan, marking the concrete start of an AI transition with Hyperscale Data that the company had already announced in recent weeks. Since 1 September 2026 the plant no longer extracts Bitcoin: the structure is now prepared to accommodate the computing infrastructure of a customer [...]
Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026 - PressReach
LAS VEGAS, Sept. 1, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI“) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company“), today announced that, as of August 30, 2026, it held 214.9701 Bitcoin representing an aggregate value of approximately $16.7 million based on the Bitcoin closing price of $77,668 on August 30, 2026. In aggregate, the Company’s wholly owned subsidiarie…
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