other_material
confidence high
sentiment positive
materiality 0.60
Hyperscale Data subsidiary Sentinum signs hosting agreement for 20 MW Bitcoin mining, deploys 6,800 miners
Hyperscale Data, Inc.
- Sentinum signs hosting agreement with Montana OP LLC for 20 MW capacity and 6,800 S19j Pro miners; deployment by end of June 2025.
- Non-refundable $10/miner setup fee and $800k deposit paid from Bitcoin rewards; thereafter Sentinum gets 70% of Earned BTC, service provider 30%.
- Service provider may curtail power to grid during high demand; net profits from energy sales split equally between Sentinum and service provider.
- Initial term of one year with automatic one-year renewals; termination requires 90-day notice prior to end of current term.
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