DealsJun 15, 2026, 04:37 PM
Hyperscale Data in advanced talks for $1B+ data center deal
AI Summary
Hyperscale Data, Inc. announced it is in advanced negotiations for a master services agreement to provide 20 megawatts (MW) of power to a customer at its Michigan data center. This agreement is expected to generate over $1.0 billion in revenue over a 20-year period. The company anticipates expanding this capacity to 52 MW, potentially increasing the total value to over $2.5 billion. To support these higher-margin AI compute services, Hyperscale Data plans to cease Bitcoin mining operations at the Michigan Campus.
Key Highlights
- Advanced negotiations for a master services agreement to provide 20 MW of power at its Michigan data center.
- Agreement expected to generate over $1.0 billion in revenue over a 20-year period.
- Potential expansion to 52 MW could increase total value to over $2.5 billion over 20 years.
- First 10 MW expected to be operational within 90 days, with an additional 10 MW 90 days thereafter.
- Company plans to cease Bitcoin mining operations at the Michigan Campus to focus on higher-margin AI compute services.
- The 20 MW deployment would utilize less than 7% of the Michigan Campus's potential 300 MW capacity.
- Additional 32 MWs of critical power capacity are intended for delivery during 2028 for the potential customer.
Price Impact
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