$GPUS News

GPUS says askROI to go public in Q2–Q3 2027; leadership shift planned

Hyperscale Data (GPUS) announced its askROI subsidiary is preparing to become a standalone public company via an RTO, IPO or SPAC, targeting closing in the second or third quarter of 2027. The company named Joseph Spaziano likely to become askROI CEO and Ryan Doucette president to create a dedicated management team and said the separation is intended to unlock independent valuation, but the transaction structure, timing and completion are not guaranteed.

GPUS tokenizes 5,000 oz of physical silver and lists tokens on Ault Markets; trading expected in weeks

Hyperscale Data's subsidiary Ault Global Commodities completed tokenization of 5,000 troy ounces of physical silver, issuing 1-oz tokens that are redeemable for physical delivery in 100-token increments and are custodied at The Wyoming Reserve. The tokens are listed on the company's Ault Markets DEX and trading is expected to commence within weeks, with the DEX currently operating in an invitation-only beta. The company says this is an initial step in a broader plan to tokenize additional precious metals but cautions there is no assurance about future trading volumes, adoption or financial impact.

Hyperscale Data (GPUS) reports preliminary Q3 revenue ~$40M, +64% YoY

Hyperscale Data (NYSE: GPUS) said preliminary consolidated revenue for Q3 2026 was approximately $40.0 million, up ~64% from $24.3 million in Q3 2025, driven by stronger crane operations, a large defense revenue increase after reconsolidating Gresham, and higher lending/trading and blockchain software contributions. The figures are preliminary and unaudited and remain subject to quarter-end close; gains were partially offset by lower Bitcoin mining revenue and the defense uplift reflects reconsolidation rather than purely organic growth.

Hyperscale Data plans tokenized $33.5M Series D preferred offering

Hyperscale Data (NYSE: GPUS) intends to tokenize up to 1,340,947 shares of its 13.00% Series D perpetual preferred stock, about $33.5M at an assumed $25 per share. The company says the securities would be issued as Series D preferred (trading as GPUS PD) rather than Class A common, so it does not expect the offering to create additional common shares at issuance. Timing, distribution venues and final structure are not finalized and the company says further updates will be provided, so any issuance and dilution are not yet confirmed. Timing: Same-day dilution is possible, but the press release does not provide a firm first-dilution date.

GPUS cuts ATM capacity to $100M after $49.8M raised; 121.8M shares sold

Hyperscale Data (NYSE: GPUS) amended its at-the-market (ATM) sales agreement with Spartan Capital, reducing aggregate capacity from $300.0M to $100.0M. The company has already sold 121,827,841 shares under the ATM for gross proceeds of ~ $49.8M (≈$0.41/share), leaving roughly $50.2M of capacity under the amended facility; no immediate new sales or closing date are announced. Timing: Same-day dilution is possible only if the company starts sales under the facility, and the press release does not say when that could happen.

GPUS: Ault Markets DEX on Ault Blockchain goes live (invite-only, beta)

Hyperscale Data (NYSE: GPUS) says Ault Markets is providing live, invite-only access to a decentralized exchange currently running in beta on the native Ault Blockchain. The company plans to expand tradeable assets — including planned tokenized silver, gold and platinum — while listing/trading decisions remain decentralized and the rollout stays invitation-only.

Hyperscale Data reports ~$56.4M in Bitcoin, cash and restricted cash as of Oct. 4, 2026

Hyperscale Data (NYSE American: GPUS) said it held 219.9586 BTC (≈$19.0M at $86,480/BTC) and roughly $37.4M in cash and restricted cash, for total liquid assets of about $56.4M as of Oct. 4, 2026. The company reiterated plans to divest Ault Capital Group (ACG) in 2027, which would leave Hyperscale focused on data-center operations and digital-asset holdings — the disclosure signals available liquidity but also ties part of the balance sheet to Bitcoin price moves.

Hyperscale Data sets Nov. 12 investor day to update on Michigan AI campus and strategic alternatives

Hyperscale Data (GPUS) will host a virtual investor day on Nov. 12 to update progress and planned expansion of its Michigan AI data center campus, review an MSA with a neocloud customer (initial 20 MW with options up to 52 MW that could generate >$3.0B over 20 years), and discuss strategic alternatives for portfolio assets including potential sales or IPOs. The company reiterated 2027 guidance of $300–$350M revenue and $60–$80M consolidated Adjusted EBITDA, while warning that capacity beyond the initial 20 MW is contingent on financing, approvals and other conditions and that no definitive transaction decisions have been made.

GPUS exploring sale/strategic alternatives for askROI subsidiary

Hyperscale Data (GPUS) said it is exploring strategic alternatives for its askROI subsidiary, including a potential sale, strategic partnership or divestiture, and has engaged in preliminary discussions that could include equity consideration so GPUS might retain an ownership stake. askROI is an AI platform for research, content creation, data and file analysis and automation, and the company says combining it with a broader AI/blockchain/software business could accelerate product development and commercialization; discussions remain preliminary with no assurance a transaction will occur.

Ault group reports ~64% beneficial ownership of Hyperscale Data; holds convertibles that can convert into hundreds of millions of Class A shares

N Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 21 ) Hyperscale Data, Inc. filed SEC Form SCHEDULE 13D/A. Ault & Company and affiliated reporting persons disclose beneficial ownership equal to ~63.9% of Hyperscale Data's Class A shares (Mr. Ault ~64.1% including optioned shares), driven largely by large convertible preferred holdings that the filing states are currently convertible into hundreds of millions of Class A shares. The filing also details a Stock Purchase Agreement under which Ault & Company agreed to buy 10,000,000 Class A and 389,404 Class B shares at $0.50 per share financed by a $5,194,702 promissory note (9% interest, matures September 30, 2028).

Hyperscale: $56M of Bitcoin + cash equals ~153% of market cap

Hyperscale Data (GPUS) reported it held 219.0652 BTC (~$18.5M) and about $37.5M in cash and restricted cash, totaling roughly $56M as of Sept 27, 2026 — approximately 153% of the company's market capitalization based on the Sept 28 close. The company said the cash/crypto position strengthens its ability to bring its Michigan AI data center online under a long-term master services agreement and transition toward recurring, revenue-generating operations.

Ault puts $55M into Hyperscale Data via convertible preferreds, cites big Michigan AI campus value

Ault & Company invested $55 million in Hyperscale Data through the purchase of convertible preferred stock and currently beneficially owns about 62% of the company. Ault highlights an executed MSA for an initial 20 MW AI deployment at Hyperscale's Michigan campus (expansion right to 52 MW), management estimates the campus could be worth $750M–$1.25B and projects >$1.2B in revenue over a 20‑year term (up to >$3.0B if expanded), and Ault may buy up to an additional $96M of Series H preferreds.

Hyperscale Data to Form Patriot BTC to Separate Bitcoin Mining Operations from Michigan AI Data Center Strategy

Hyperscale Data (GPUS) declares monthly dividends on Series D ($0.2708333) and Series E ($0.20833) preferred

Hyperscale Data (NYSE American: GPUS) said its board declared a monthly cash dividend of $0.2708333 per share for its 13.00% Series D cumulative redeemable perpetual preferred and $0.20833 per share for its 10.00% Series E preferred. The record date for both dividends is Sept. 30, 2026 and the payment date is Oct. 13, 2026.

Hyperscale Data says $70M+ invested; Michigan AI center targeting Nov 2026 start under 20 MW MSA

Hyperscale Data (GPUS) has invested more than $70 million into Alliance Cloud Services and the Michigan AI facility, acquired substantial equipment, and is working to begin operations under a previously announced master services agreement in November 2026 to start generating revenue and cash flow. The MSA covers an initial 20 MW of critical AI compute capacity (10-year term with extension options) that the company says could generate >$1.2B over 20 years and can be expanded to 52 MW (potentially >$3.0B), while the full campus has ~340 MW total potential capacity.

Hyperscale Data says ~$51M in Bitcoin, cash equals ~136% of market cap

Hyperscale Data (GPUS) reported that as of Sept 13, 2026 it held 216.9480 BTC (valued at ~$16.7M at $76,838.16/coin) plus ~$34.3M in cash and restricted cash — roughly $51M total, which represents ~136% of the company's market capitalization based on the Sept 14 close. Management said the cash/crypto position strengthens the balance sheet and provides flexibility to continue transforming its Michigan AI data center and pursue a planned divestiture of ACG in 2027.

Hyperscale Data sets $750M minimum sale threshold for Michigan AI data center; values asset at $750M–$1.25B

Hyperscale Data said management has established a $750 million minimum valuation threshold for any sale of its Michigan AI data center and believes the asset could be worth approximately $750 million to $1.25 billion, but no definitive transaction has been decided. The company is evaluating alternatives including an outright sale, an IPO of subsidiary Sentinum, or continued ownership and will not recommend a sale below $750 million. The company’s ACS unit has an executed MSA for an initial 20 MW deployment (10‑year term plus two 5‑year extension options) that could generate more than $1.2 billion over the maximum 20‑year term, and the contract includes a right to an additional 32 MW that could raise total contract revenue above $3.0 billion if exercised. Timing: Same-day dilution is possible, but the press release does not provide a firm first-dilution date.

Hyperscale Data: cash + ~215 BTC ≈ $53M, ~200% of market cap; sold BTC to fund 20MW Michigan AI data center

Hyperscale Data (GPUS) said it holds roughly $36M in cash/restricted cash plus ~215 BTC (valued at ~$81.5k/BTC), totaling about $53M — nearly twice its recent equity market capitalization — and that it sold a portion of its Bitcoin to fund buildout of a Michigan AI data center. The buildout supports a 20‑megawatt master services agreement with a California neocloud provider (initial 10‑year term plus two 5‑year extensions) that the company says could generate more than $1.2B if fully extended; the company cautioned the asset vs. market‑cap comparison excludes liabilities and restrictions and that Bitcoin and market cap are volatile.

Hyperscale Data (GPUS) reports $0.95 net book value and $3.10 gross asset value per share (Jun 30, 2026)

Hyperscale Data (NYSE American: GPUS) reported total assets of ~$360M (≈$3.10 per share) and net stockholders' equity of ~$110M (≈$0.95 per share) as of June 30, 2026, based on ~116.3M shares outstanding per its 10-Q. The company cautioned gross asset value excludes liabilities and is not a liquidation or market value, and reminded investors it expects to divest its Ault Capital Group business in 2027, which would change its asset mix.

GPUS CEO William Horne buys 100,000 Class A shares at $0.1999; stake 13%

GPUS filed SEC Form 4. William B. Horne, CEO and director of Hyperscale Data, Inc. (GPUS), purchased 100,000 Class A common shares in open-market transactions on 09/02/2026 at a volume-weighted average price of $0.1999, bringing his beneficial ownership to 140,000 Class A shares (13%). The filing also reports a disposal of 5,000 Series D cumulative redeemable perpetual preferred shares and states the intra-day purchase price range was $0.1999 to $0.20.

Hyperscale Data says blockchain-related Other Revenue rose 647% in Q2, boosting gross profit

Hyperscale Data (GPUS) reported that Other Revenue, driven largely by its blockchain initiatives, increased 647% year-over-year to ~$3.4M in Q2 2026, contributing to consolidated revenue of $34.8M (+35% YOY) and gross profit of $8.8M (+44% YOY). The company notes blockchain revenue is reported inside the Other Revenue line (not broken out), the Ault Blockchain mainnet launched in March 2026, and additional products (exchange, tokenization, payments, lending) are being developed but remain subject to technical, market and regulatory risks.

GPUS: Holds ~215 BTC (~$16.7M) and sold ~65 BTC (~$5.1M) to fund Michigan data center

Hyperscale Data (GPUS) reported it held 214.9701 BTC (≈$16.7M using the Aug. 30 close of $77,668) and sold ~65 BTC in the open market during the week ended Aug. 30, 2026 for roughly $5.1M. The company says the sale proceeds will support development of its Michigan data center tied to a recently announced Master Services Agreement (~$1.2B contracted value, expandable to >$3B and representing ~20% of the site's potential 340 MW capacity).

GPUS subsidiary Gresham books $5.4M in defense RF orders; backlog ~$53.7M

Hyperscale Data’s subsidiary Gresham Worldwide reported about $5.4 million of new RF/microwave orders in July–August 2026 for components used in radar, electronic warfare and communications, lifting its backlog to roughly $53.7 million. These are bookings (not yet recognized as revenue) and the company says it is increasing production capacity to convert backlog into shipments and revenue under existing U.S. defense programs and prime-contractor relationships.

Hyperscale Data (GPUS) reports 278.03 BTC treasury (~$21.6M) as of Aug 23

Hyperscale Data (NYSE American: GPUS) said its subsidiaries held 278.0314 BTC, valued at about $21.6 million using the $77,755 BTC close on Aug 23, 2026, and that it neither bought nor sold bitcoin during the week ended Aug 23. The company noted an expected divestiture of Ault Capital Group in 2027, which would leave Hyperscale focused on data-center operations and its digital-asset holdings.

GPUS sells ~685 BTC for ~$43M, reduces ~$30M debt to fund Michigan data center

Hyperscale Data sold approximately 685 BTC for about $43 million, retained roughly 275 BTC, and used the proceeds to reduce debt by ~$30 million and bolster liquidity to support development of its Michigan data center. Management says it will continue Bitcoin mining and expects to rebuild its BTC position over time while reallocating part of its treasury to accelerate the data center buildout and improve the company's capital structure.