Hyperscale Data sets up $120 million Michigan AI development reserve account for data center campus expansion

Hyperscale Data, Inc.

Hyperscale Data, Inc.

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  • Hyperscale Data set up a Michigan AI development reserve account targeting about $120 million to fund buildout of its Michigan AI data center campus.
  • Monthly Michigan AI infrastructure progress reports planned, starting July 2026, covering reserve balance, capital deployed, construction milestones.
  • Customer deposits under a master services agreement total about $10.6 million; initial contract covers about 20 MW of AI compute capacity.
  • At maximum term, the agreement is projected to generate more than $1.2 billion in revenue; expansion option lifts total above $3 billion.
  • Company held about $94.8 million in cash, restricted cash, Bitcoin, silver as of June 24, 2026; ATM offering seen as main funding source.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606290600PR_NEWS_USPR_____SF93907) on June 29, 2026, and is solely responsible for the information contained therein.

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