Hyperscale Data Inc (GPUS) is a diversified holding company that operates across cryptocurrency mining, crane operations, hotel and real estate, lending and trading, defense and aerospace electronics, power supplies, and early-stage robotics and AI infrastructure. Revenue is generated across these segments on a transactional and operational basis, as disclosed in the FY2025 10-K filed April 15, 2026. The company's defense and aerospace operations, conducted through the reconsolidated Gresham subsidiary (including the Enertec, Microphase, and Relec businesses), focus on electronic components and power systems for defense customers. TurnOnGreen, another subsidiary, produces power supplies including medical-grade units. A predictions market platform under the BNC brand and a robotics and AI infrastructure platform called Omnipresent are in development as of the FY2025 filing. The company disclosed material weaknesses in internal controls over financial reporting as of December 31, 2025, citing insufficient accounting personnel and limited segregation of duties.

Revenue model

Revenue streams as reported for FY2025 include crane operations, cryptocurrency asset mining, hotel and real estate operations, lending and trading activities, and other revenue. The defense and aerospace segment generates revenue through sale of electronic components and power systems via the Gresham subsidiaries, reconsolidated as of November 28, 2025. TurnOnGreen generates revenue from power supply product sales. Specific segment dollar amounts were not legible in the filing excerpts provided.

Products and services

Products and services include: cryptocurrency mining operations; crane operations; hotel and real estate operations; lending and trading activities; defense and aerospace electronic components and power systems through Gresham (Enertec, Microphase, Relec subsidiaries); medical and industrial power supplies through TurnOnGreen; a predictions market platform under the BNC brand (in development as of the FY2025 filing); and Omnipresent, a robotics and AI infrastructure platform combining robotic hardware systems with AI model training and data generation capabilities, centered on a Michigan facility planned as a robotics and AI Center of Excellence.

Customers and end markets

End markets include defense and aerospace (Gresham's primary market per the FY2025 10-K), medical device manufacturers (TurnOnGreen medical power supplies), cryptocurrency markets, commercial crane and construction services, and hotel and real estate sectors. The BNC predictions market platform targets retail and institutional participants subject to CFTC, KYC, and AML compliance requirements. Omnipresent targets AI developers seeking high-value datasets and robotics testing environments.

Value-chain role

Hyperscale Data operates as a multi-segment holding company spanning hardware manufacturing (power supplies, defense electronics), infrastructure operation (cryptocurrency mining, crane services, real estate), and platform development (predictions markets, robotics and AI). Gresham subsidiaries act as component and subsystem suppliers to defense and aerospace customers. TurnOnGreen acts as a manufacturer and seller of power conversion products.

Geographic exposure

Gresham's operations include European market exposure, subject to EU RoHS, WEEE, and REACH regulations per the FY2025 10-K. The Michigan facility is identified as the planned hub for Omnipresent robotics and AI operations. No further geographic revenue breakdown was supported by the filing excerpts.

Source: SEC 10-K, filed 2026-04-15

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