Hyperscale Data ramps Michigan AI data center buildout to support 20-megawatt neocloud contract - GPUS News | RalliesHyperscale Data ramps Michigan AI data center buildout to support 20-megawatt neocloud contract
G
GPUS• Michigan buildout and contract details
- Hyperscale Data redeployed proceeds from a partial Bitcoin sale to fund buildout of its Michigan AI data center.
- The project targets performance under a master services agreement with a California-based neocloud provider for 20 megawatts.
- The contract carries a 10-year initial term with two five-year extension options; maximum term revenue is projected above USD 1.2 billion.
- As of Sept. 3, 2026, holdings totaled about USD 53 million, including USD 36 million cash and restricted cash, plus 215 Bitcoin.
•