v3.26.1
DESCRIPTION OF BUSINESS
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
DESCRIPTION OF BUSINESS

1. DESCRIPTION OF BUSINESS

 

Hyperscale Data, Inc. (“Hyperscale Data” or the “Company”) is a Delaware corporation whose principal operations consist of owning and operating data center infrastructure supporting digital asset mining operations. While the Company has completed initial deployments supporting high-density computing workloads for third-party customers, its current operations are primarily focused on Bitcoin mining and the accumulation of digital assets, primarily through its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), which operates facilities providing power and related infrastructure.

 

Through another of its wholly owned subsidiaries, Ault Capital Group, Inc. (“Ault Capital”), the Company holds a portfolio of diversified businesses and strategic investments spanning commercial lending and trading, hotel operations, crane rental, software platforms and commercial electronics. The Company anticipates completing the planned divestiture of Ault Capital in 2027, at which time it expects to operate as a more focused data center infrastructure-oriented business.

 

The Company has the following reportable segments:

 

·Sentinum – crypto asset mining operations, colocation and hosting services for emerging artificial intelligence (“AI”) ecosystems and other industries, and the Company’s digital asset treasury activities;

 

·Energy and Infrastructure (“Energy”) – crane operations;

 

·Gresham Worldwide, Inc. (“Gresham”) – defense solutions;

 

·Ault Global Real Estate Equities, Inc. (“AGREE”) – hotel operations and other commercial real estate holdings:

 

·TurnOnGreen, Inc. (“TurnOnGreen”) – commercial electronics;

 

·Technology and Finance (“Fintech”) – commercial lending, activist investing, and stock trading; and

 

·askROI, Inc. and RiskOn International, Inc. (“ROI”) – AI software platform.