Core Insights - Hyperscale Data, Inc. has engaged Northland Capital Markets to explore strategic alternatives for its Michigan Data Center, indicating a focus on maximizing shareholder value through potential debt or equity raises, or joint ventures [1][3] - Northland Capital Markets has significant experience in the data center sector, advising on over $6 billion in transactions related to high-performance computing in the past year, particularly for clients in bitcoin mining [2] - The Michigan Facility spans 34.5 acres and currently has approximately 30 megawatts of available power, with plans to increase capacity to around 300 megawatts through an agreement with the local utility [3] Company Transition - Hyperscale Data is transitioning from a diversified holding company to a focused owner and operator of data centers, supporting high-performance computing services [7] - The company operates a data center for mining digital assets and offers colocation and hosting services for artificial intelligence ecosystems and other industries [7] - Hyperscale Data also provides mission-critical products through its subsidiary, Ault Capital Group, Inc., across various sectors including defense, automotive, and medical [7]
Hyperscale Data Engages Northland Capital Markets to Explore Strategic Options for Michigan Data Center