Hyperscale Data, Inc. filed an 8-K press release on November 3, 2026, disclosing its Bitcoin and cash holdings as of November 1, 2026, and providing an update on its Michigan AI data center development.

Key Highlights

  • Bitcoin holdings: As of November 1, 2026, the company held 211.4639 Bitcoin with an aggregate value of approximately $16.5 million, based on a closing price of $78,248 per Bitcoin.
  • Cash position: The company also held approximately $34.1 million in cash and restricted cash as of November 1, 2026.
  • Michigan data center: Energization of the initial 10 megawatts of critical IT capacity at the Michigan AI data center is targeted for December 2026, according to the filing.
  • ACG divestiture timeline: The company currently expects the divestiture of subsidiary Ault Capital Group, Inc. to occur in 2027.
  • Series F Preferred Stock: On December 23, 2024, the company issued one million (1,000,000) shares of Series F Exchangeable Preferred Stock to common stockholders and Series C Preferred Stock holders on an as-converted basis.

Hyperscale Data Discloses Bitcoin Reserves and Michigan Data Center Progress

Hyperscale Data, Inc. (NYSE American:GPUS), an AI data center company headquartered in Las Vegas, Nevada, disclosed in a November 3, 2026 press release that it held 211.4639 Bitcoin as of November 1, 2026. According to the filing, that Bitcoin position carried an aggregate value of approximately $16.5 million, calculated using a Bitcoin closing price of $78,248. The company also reported approximately $34.1 million in cash and restricted cash at the same date.

The filing states that the company "continues to focus on disciplined capital allocation, managing its financial resources and advancing development of its Michigan AI data center to meet its contractual commitments." Executive Chairman Milton "Todd" Ault III is quoted in the release stating that Hyperscale Data is "making remarkable progress toward energizing the initial 10 megawatts of critical IT capacity" at its Michigan facility, with energization targeted for December 2026. He described this milestone as "an important step toward delivering on our recently announced master services agreement."

Regarding corporate structure, the filing notes that through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center offering colocation and hosting services. Another wholly owned subsidiary, Ault Capital Group, Inc. (ACG), is described as "a hybrid private equity firm and operating company." The company disclosed it currently expects the divestiture of ACG to occur in 2027, to be effected through a voluntary exchange of Series F Exchangeable Preferred Stock for ACG shares. The filing reminds stockholders that only holders who agree to surrender their Series F Preferred Stock shares, and do not properly withdraw such surrender, will be entitled to receive ACG shares. The press release contains forward-looking statements, which are the company's own and subject to its cautionary language regarding risks and uncertainties.

What Was Disclosed

The company disclosed Bitcoin holdings of 211.4639 Bitcoin valued at approximately $16.5 million and approximately $34.1 million in cash and restricted cash as of November 1, 2026, along with a December 2026 target for energizing 10 megawatts of capacity at its Michigan AI data center.