Hyperscale Data (GPUS) Provides Business Update

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), yesterday filed its Form 10-Q for the quarter ended March 31, 2025. The Company reported revenue of $25 million for the first quarter and reaffirms its previous guidance of $115 to $125 million of revenue for the year ending December 31, 2025, citing continued momentum across its artificial intelligence (“AI”) data center, equipment rental and financial services operations. In the first quarter, Hyperscale Data recorded a one-time gain of $10.0 million from the deconsolidation of its former majority owned subsidiary, Avalanche International, Corp. after it filed for bankruptcy protection.

The Company continues to see strong performance in its AI-driven Michigan data center, which is undergoing a full-scale transition to support high-performance computing infrastructure. The Company expects revenue in the second half of 2025 from askROI, Inc. (“askROI”), the Company’s subsidiary focused on AI software, from enterprise adoption of existing products coupled with revenue from planned new product offerings.

The Company also reported strength in its equipment rental business, Circle 8 Crane Services, LLC, which serves the Southern United States region across multiple verticals. Energy-related infrastructure projects continue to drive demand for specialized crane and rigging solutions.

In addition, the Company believes there could be an increase from its financial services segment, particularly its lending operations, where demand for structured credit and asset-backed financing is rising amid broad volatile market conditions. However, unrealized gains and losses from market price changes have caused, and will likely continue to cause, significant volatility in the Company’s periodic earnings in this segment.

The Company is also seeing positive momentum from its Bitcoin mining activities and is excited for the resumption of Bitcoin mining activities at the Company’s Montana site. Management believes that continued strength in Bitcoin pricing will generate additional revenue in the future.

The Company is reaffirming its plan to separate non-core operations and spin off Ault Capital Group, Inc. (“ACG”), which will hold all the Company’s non-data center and Bitcoin mining assets and operations. The strategic separation is expected to be completed on or about December 31, 2025, allowing Hyperscale to operate as a focused data center and AI infrastructure business. For more details surrounding this planned divestiture, the Company encourages interested parties to read the About Hyperscale Data, Inc. section of this press release below.

“The plan to separate the Company and create a pure-play data center business within Hyperscale Data remains on track,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “The Company is in a strong position to grow its data center business and is very comfortable with the growth and outlook for the AI data center space.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

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