Hyperscale Data signs $1.2 billion AI agreement, plans to reduce Bitcoin mining business

Hyperscale Data has signed its first master service agreement to provide 20 megawatts of AI computing power at its Michigan data center campus, with an expected revenue of over $1.2 billion during the contract period. The 20 MW AI computing capacity is expected to be put into operation in the fourth quarter of 2026. Hyperscale Data currently operates approximately 28 megawatts of Bitcoin mining capacity in the park and plans to allocate more share to AI. As of June 21, Hyperscale Data holds 726.94 bitcoins worth approximately $45.9 million through Sentinum and Ault Capital Group.