Hyperscale Data's AGREE Secures $145 Million Financing with Goldman Sachs for Iconic New York Property
On July 25, 2025, Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company, announced a significant financial move achieved by its indirect subsidiary Ault Global Real Estate Equities, Inc. (AGREE). AGREE has successfully secured funding amounting to $145 million through an arrangement with various funds affiliated with Goldman Sachs & Co. LLC. This strategic financing is set to bolster AGREE's minority interest in the renowned New York establishment, Fouquet's. This financial milestone is not just about securing capital; it provides an excellent opportunity for Fouquet's to refinance its existing senior debt, enhancing leverage levels that promise greater financial resilience and substantial upside potential for future cash flows.
Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, expressed enthusiasm about the investment, stating, "We are proud to hold a minority interest in what we believe will be an iconic New York property over the years to come. The Fouquet's team has created a fantastic property that continually improves its guests' experience, and we look forward to seeing how it develops within the community." This sentiment emphasizes the strategic importance of the investment for both AGREE and the broader Hyperscale Data portfolio.
Hyperscale Data operates through its wholly owned subsidiary, Sentinum, Inc., which runs a data center specializing in mining digital assets and offering colocation and hosting services tailored for the expanding artificial intelligence (AI) ecosystem and other dynamic industries. Additionally, its subsidiary Ault Capital Group, Inc. (ACG) operates as a diversified holding company focused on acquiring undervalued businesses and disruptive technologies that have a global impact.
The company is also preparing for an anticipated divestiture of ACG by the end of 2025, although the exact timing remains uncertain. After this divestiture, Hyperscale Data plans to focus solely on data center operations aimed at supporting high-performance computing services, with a continued interest in the digital asset market. Until then, Hyperscale Data will maintain its commitment to providing mission-critical products spanning a variety of sectors, including AI software, social gaming, defense, medical, and hospitality.
As part of its restructuring, Hyperscale Data issued one million shares of newly designated Series F Exchangeable Preferred Stock to its common and convertible preferred shareholders in December 2024. This will facilitate the divestiture process, allowing shareholders to exchange their preferred stock for common stock in ACG, thus potentially reshaping the landscape of Hyperscale Data's operational focus.
Hyperscale Data's headquarters are situated in Las Vegas, NV, and the company remains committed to transparency and clarity regarding its business operations. With its strong capital backing and focus on key industries, Hyperscale Data appears well-positioned to navigate the challenges of the evolving business landscape while continuing to enhance the value of its investments. For more information, stockholders and interested parties are encouraged to visit the Investor Relations section on Hyperscale Data's website as well as the SEC filings to stay updated on their developments. The company's proactive approach towards growth and innovation showcases its dedication to fostering an environment where technology and business intersect, paving the way for future successes and advancements in various sectors.
Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, expressed enthusiasm about the investment, stating, "We are proud to hold a minority interest in what we believe will be an iconic New York property over the years to come. The Fouquet's team has created a fantastic property that continually improves its guests' experience, and we look forward to seeing how it develops within the community." This sentiment emphasizes the strategic importance of the investment for both AGREE and the broader Hyperscale Data portfolio.
About Hyperscale Data and Its Subsidiaries
Hyperscale Data operates through its wholly owned subsidiary, Sentinum, Inc., which runs a data center specializing in mining digital assets and offering colocation and hosting services tailored for the expanding artificial intelligence (AI) ecosystem and other dynamic industries. Additionally, its subsidiary Ault Capital Group, Inc. (ACG) operates as a diversified holding company focused on acquiring undervalued businesses and disruptive technologies that have a global impact.
The company is also preparing for an anticipated divestiture of ACG by the end of 2025, although the exact timing remains uncertain. After this divestiture, Hyperscale Data plans to focus solely on data center operations aimed at supporting high-performance computing services, with a continued interest in the digital asset market. Until then, Hyperscale Data will maintain its commitment to providing mission-critical products spanning a variety of sectors, including AI software, social gaming, defense, medical, and hospitality.
As part of its restructuring, Hyperscale Data issued one million shares of newly designated Series F Exchangeable Preferred Stock to its common and convertible preferred shareholders in December 2024. This will facilitate the divestiture process, allowing shareholders to exchange their preferred stock for common stock in ACG, thus potentially reshaping the landscape of Hyperscale Data's operational focus.
Hyperscale Data's headquarters are situated in Las Vegas, NV, and the company remains committed to transparency and clarity regarding its business operations. With its strong capital backing and focus on key industries, Hyperscale Data appears well-positioned to navigate the challenges of the evolving business landscape while continuing to enhance the value of its investments. For more information, stockholders and interested parties are encouraged to visit the Investor Relations section on Hyperscale Data's website as well as the SEC filings to stay updated on their developments. The company's proactive approach towards growth and innovation showcases its dedication to fostering an environment where technology and business intersect, paving the way for future successes and advancements in various sectors.
Topics General Business）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.