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Stock impact report

Hyperscale Data Expands Michigan AI Footprint With 48.5 Acre Acquisition [Yahoo! Finance]

Hyperscale Data, Inc. (GPUS) 
Company Research Source: Yahoo! Finance
AI infrastructure and Bitcoin mining firm Hyperscale Data (NYSE: $GPUS) said Monday that its subsidiary, Alliance Cloud Services plans to acquire approximately 48.5 acres of land in Michigan. The acquisition will reportedly more than double the company's existing footprint as it continues to scale its artificial intelligence and high-performance computing data center campus. According to the press release, the transaction, expected to close within 60 days, will bring the company's total owned acreage in the region to approximately 83 acres. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The Las Vegas company has already begun a phased buildout of its Michigan facility, Show less Read more
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