Hyperscale Data signed a 10-year Master Services Agreement to provide up to 52 megawatts of critical AI compute capacity

Hyperscale Data, Inc., an AI data center company anchored by Bitcoin mining operations, announced on June 24, 2026 that its subsidiary Alliance Cloud Services has signed a Master Services Agreement with an undisclosed California-based neocloud provider. The agreement covers the deployment of 20 megawatts of critical AI compute capacity at the company's Michigan Campus, expected to be operational during the fourth quarter of 2026. The customer has an option to expand the deployment to a total of 52 megawatts.

The MSA carries an initial term of 10 years with two five-year extension options that may be exercised by the customer. If fully executed for the maximum term, the contract is expected to generate in excess of $1.2 billion in revenue for the 52-megawatt option. The agreement also provides the customer with a right to an additional 32 megawatts of compute capacity, which if exercised within the first two years and continued through the extension options would result in total contract revenue exceeding $3 billion.

The company is actively procuring electrical and infrastructure equipment and has begun retrofitting approximately 60,000 square feet of the Michigan Campus to support customer operations at an estimated cost of between $100 million and $120 million for the initial 20-megawatt deployment. As AI compute capacity comes online, Hyperscale Data plans to progressively reallocate portions of the power currently used for Bitcoin mining at the Michigan facility, though it expects to continue Bitcoin mining operations at its Montana facility and may maintain certain mining operations at Michigan during the transition period.

CEO William B. Horne stated that the company believes the Michigan Campus is positioned to offer a top-tier AI compute environment with expected material, high-margin revenue beginning as soon as late September 2026. Executive Chairman Milton Todd Ault III emphasized that the agreement represents a significant milestone, noting the company currently operates approximately 28 megawatts of Bitcoin mining capacity at the Michigan Campus and believes the facility may ultimately support over 300 megawatts of total power capacity through phased long-term expansion, subject to regulatory approvals, financing, and other factors.