DPW - Ault Global to increase its power capacity at its Michigan technology data center

Ault Global Holdings (DPW) is likely to make additional investment in Ault Alliance (wholly-owned subsidiary) to expand its technology data center infrastructure in southern Michigan and increase the power capacity to 28MW.The technology data center to provide cloud, high density (Bitcoin and Ethereum Mining), and Enterprise data center services.The Company’s decision to expedite the timing of its financing in the technology data center was driven by an uptick in demand for high-density computing due to improved business conditions.At 50% capacity, The technology data center is expected to generate annual gross revenues between $54 million and $64 million.Shares +1.75% premarketPress Release

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Ault Global to increase its power capacity at its Michigan technology data center