Hyperscale Data is trading 9.09% up at $0.12 in after-hours trading after announcing a strategic review of its Michigan AI data center. - The review includes options like a sale, lease, or joint venture, with an investment bank involved. - This follows a neocloud agreement for its Michigan AI data center, initially valued at about $1.2 billion, with potential to exceed $3 billion with expansion. - The company's Board believes the current valuation doesn't reflect the asset and contract potential.