Shares of Nasdaq-listed Hyperscale Data fell to a new all-time low on Wednesday, bringing its year-to-date decline to over 76%. This follows the company's complete shutdown of its Bitcoin mining operations at its Michigan data center on September 1st, as it fully pivots to AI infrastructure. Under an agreement with an unnamed "new California cloud service provider," the Michigan site will be redeveloped and is expected to generate approximately $1.2 billion in revenue over 20 years, potentially exceeding $3 billion if the client chooses to expand. To fund this transition, Hyperscale Data has sold 830 Bitcoins, worth approximately $53 million, over the past five weeks and currently holds 275 Bitcoins.