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Hyperscale Data Signs Potential $1.2 Billion AI Infrastructure Agreement, Gradually Exits Bitcoin Mining

2026-06-24 12:50

Odaily, Hyperscale Data has signed its first master services agreement to provide 20 megawatts of AI computing capacity at its Michigan data center campus. This contract could generate over $1.2 billion in revenue over its entire 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 5-year renewal options. If the maximum term is exercised, it is projected to generate over $1.2 billion in revenue.

Currently, the campus still operates approximately 28 megawatts of Bitcoin mining capacity. The company expects to allocate a larger portion to AI in the future. As of June 21, Hyperscale Data held 726.94 Bitcoins through Sentinum and Ault Capital Group, valued at approximately $45.9 million. (financefeeds)