Overview
- Hyperscale said Monday that its subsidiary Alliance Cloud Services is in advanced but non‑finalized talks to sign a master services agreement to provide AI colocation and GPU compute at the Michigan campus.
- If signed, management expects the first 10 megawatts to be operational within about 90 days and a second 10 megawatts roughly 90 days after that, targeting ~20 MW this year.
- The company projects that 20 MW could generate in excess of $1 billion over a 20‑year term and that a buildout to 52 MW could approach $2.5 billion over 20 years, figures the company calls preliminary and forward‑looking.
- Hyperscale disclosed Tuesday that it holds about 713.5884 BTC and roughly $40.2 million in cash, with the combined cash and Bitcoin value representing about 73.34% of its market capitalization.
- Management said it would likely wind down Bitcoin mining at the Michigan site to free power for AI workloads and stressed that all timelines and revenue estimates depend on definitive agreements, regulatory approvals, financing, engineering and utility arrangements.