Hyperscale Data Announces 640 Bitcoin Mined Year to Date
29 November 2024 - 12:30PM
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified
holding company (“
Hyperscale Data,” or the
“
Company”), today announced that it has mined 640
Bitcoin year to date through November 26, 2024. Of this total,
approximately 380 were mined at the Company’s facility in Michigan,
with the remaining approximately 260 Bitcoin from mining machines
previously hosted by Core Scientific, Inc.
William B. Horne, CEO of Hyperscale Data,
stated, “While the Company is transitioning to a pure play
artificial intelligence data center business, we remain pleased
with our past and current Bitcoin mining operations. We are
committed to keeping our stockholders informed as we make the
transition into a pure play data center business.”
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 https://hyperscaledata.com/ or available at
www.sec.gov.
About Hyperscale Data, Inc.
Hyperscale Data is a diversified holding company
pursuing growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, Hyperscale
Data owns and operates a data center at which it mines Bitcoin and
offers colocation and hosting services for the emerging artificial
intelligence ecosystems and other industries. It also provides
mission-critical products that support a diverse range of
industries, including a social gaming platform, equipment rental
services, defense/aerospace, industrial, automotive,
medical/biopharma, hotel operations and textiles. In addition,
Hyperscale Data is actively engaged in private credit and
structured finance through a licensed lending subsidiary.
Hyperscale Data’s headquarters are located at 11411 Southern
Highlands Parkway, Suite 240, Las Vegas, NV 89141; Hyperscale
Data, Inc.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements generally
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the
date they are made, and the Company undertakes no obligation to
update any of them publicly in light of new information or future
events. Actual results could differ materially from those contained
in any forward-looking statement as a result of various factors.
More information, including potential risk factors, that could
affect the Company’s business and financial results are included in
the Company’s filings with the U.S. Securities and Exchange
Commission, including, but not limited to, the Company’s Forms
10-K, 10-Q and 8- K. All filings are available at www.sec.gov and
on the Company’s website at www.hyperscaledata.com.
Hyperscale Data Investor
Contact:IR@hyperscaledata.com or 1-888-753-2235
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9a9dde8d-6a9a-4855-968b-585be58411fc
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