Conference Call to Review Approximately 590 MW of Data Center Development Potential and Discuss Future Role of Up to 750 MW of Small Modular Nuclear Reactor Capacity in Montana

LAS VEGAS, June 22, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE:GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that Executive Chairman Milton "Todd" Ault III and Chief Executive Officer William Horne will host a conference call for stockholders and interested parties on Wednesday, June 24, 2026, at 2:30 PM PT.

Hyperscale Data

The conference call will provide an update on recent developments at the Company's Michigan AI data center campus and planned Montana operations, along with management's long-term strategy for expanding its infrastructure platform.

Management plans to discuss progress at the Company's Michigan AI campus, which is being developed with a long-term target of up to 340 megawatts ("MW") of power capacity. The Company also expects to provide an update on its Montana operations, where recent utility-related developments have created a potential path to up to 125 MW of capacity at each of its two Montana locations, representing an additional 250 MW of future development potential. The potential power increase would be incremental over time, subject to regulatory approvals, financing, infrastructure availability, engineering studies, utility agreements and other factors.

To that end, management will also discuss the potential role that Small Modular Reactors ("SMR"), a next-generation nuclear power technology, may play in the Company's future Montana development plans. As demand for AI computing continues to accelerate, the Company believes that access to scalable, reliable and cost-effective power solutions will be a critical differentiator, and management looks forward to sharing the Company's views on how SMR nuclear technology could support Hyperscale Data's long-term growth strategy.

Together, these opportunities represent a long-term vision of up to approximately 590 MW across the Company's Michigan and Montana assets, positioning Hyperscale Data to help meet growing demand for artificial intelligence, high-performance computing and next-generation digital infrastructure.

Conference call topics are expected to include the following;

Recent developments involving the Michigan AI data center campus;
Long-term plans relating to the potential development of up to 340 MW in Michigan;
Montana expansion opportunities and future development initiatives associated with the Company's two Montana locations, including the potential use of SMR's;
Power infrastructure development and utility-related initiatives;
Market demand trends for artificial intelligence, cloud computing and high-performance computing infrastructure;
Robotics and embodied AI initiatives associated with the Michigan campus;
The Company's Bitcoin treasury strategy and broader infrastructure initiatives; and
A question-and-answer session with management.

"The future of AI belongs to those who can secure the power needed to support it," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "On this conference call, we will discuss the significant recent developments at our Michigan AI data center campus, the new expansion opportunities emerging at our Montana locations, and our long-term vision for supporting next-generation AI infrastructure."

Will Horne, Chief Executive Officer of Hyperscale Data, added, "Our management team is excited to provide stockholders with greater insight into the opportunities across our infrastructure portfolio. We remain focused on executing our strategy, advancing development initiatives and positioning the Company to capitalize on increasing demand for AI-related infrastructure and power resources."

The Company cautions you that these expansion concepts remain preliminary and subject to numerous risks and uncertainties, and there can be no assurance that any expansion capacity will ultimately be available, developed, financed, approved, economically viable or otherwise initiated or continued.

Stockholders and other interested parties are encouraged to register for the webcast at this link https://us06web.zoom.us/webinar/register/WN_12LNAeAqSBu2qYbtp_OBxg.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

Hyperscale Data to Host Conference Call to Discuss Positive Michigan AI Data Center Developments and Montana Expansion Opportunities and Long-Term Growth Strategy