Ault subsidiary reports bitcoins production in Montana and Michigan data centers

Ault Alliance announced its wholly owned subsidiary Sentinum, as of July 31, has mined 552 Bitcoin in 2024 at the Company’s data centers in Michigan and Montana along with miners hosted by Core Scientific, Inc., further solidifying its position in the Bitcoin mining industry. This achievement contributes to Sentinum’s cumulative total of 2,894 Bitcoin mined since the inception of its operations. In addition, the Company is committed to expanding its data center infrastructure. The Company is actively exploring the potential availability of additional power in Montana to enhance Sentinum’s operational capacity. Furthermore, the Company is making strides in Michigan, where it plans to transform its existing data center into a hyperscale facility. As part of its strategic refocus, the Company recently announced it intends to change its name to Hyperscale Data and issue one or more special dividends to stockholders of stock in its subsidiaries that are not related to the artificial intelligence data-center business. The Company also announced plans to update its Bitcoin mining results on a quarterly basis, providing regular insights into the performance and progress of its mining operations.