Hyperscale Data Signs Potential $1.2 Billion AI Infrastructure Agreement, Gradually Exits Bitcoin Mining
Odaily Odaily Planet Daily News Hyperscale Data has signed its first master services agreement to provide 20 megawatts of AI computing capacity at its Michigan data center campus, a contract that could generate over $1.2 billion in revenue over its full term. The 20 megawatts of critical AI computing capacity covered by the agreement is expected to become operational in the fourth quarter of 2026. The initial term of the agreement is 10 years, with two five-year renewal options, and upon exercising the maximum term, it is expected to generate over $1.2 billion in revenue.
The campus currently still operates approximately 28 megawatts of Bitcoin mining capacity, and the company expects to allocate a larger share to AI. As of June 21, Hyperscale Data held 726.94 Bitcoin through Sentinum and Ault Capital Group, valued at approximately $45.9 million. (financefeeds)
