Aug. 19 at 2:05 PM
$GPUS Facts from today’s GPUS 10-Q:
Q2 revenue:
$34.84M, up 35% YoY
Gross profit:
$8.8M, up 44%
Defense revenue:
$11.9M, up 604%
R&D spending increased significantly as GPUS invests in AI and blockchain
Michigan is transitioning substantially from Bitcoin mining toward AI infrastructure services
GPUS has a 20 MW AI data center agreement, with Phase 1 targeted for September 2026 and Phase 2 by year-end.