Hyperscale Data, Inc. reports developments around its AI data center, Bitcoin mining and digital infrastructure operations. Through Sentinum, the company owns and operates a data center that mines digital assets and provides colocation and hosting services for AI ecosystems and other industries. Its Ault Capital Group subsidiary operates as a diversified holding company focused on businesses and technologies with global markets.
Recurring GPUS news includes Bitcoin treasury updates, digital and precious-metals asset strategy, the Michigan AI data center platform, robotics initiatives, blockchain and tokenized-asset discussions, preliminary operating results, capital-structure matters and broader strategic reviews.
Hyperscale Data (GPUS) sold its remaining Bitcoin reserves by November 8, 2026, raising approximately $16.0 million in gross proceeds. The sale covered approximately 211.56 Bitcoin at approximately $76,000 each. Since its initial reserve sale in late July 2026, the company has sold approximately 1,113 Bitcoin for approximate proceeds of $74.4 million.
Proceeds are being used to pay down debt and continue development of the Michigan AI data center. The company targets energizing its first 10 megawatts of critical IT capacity in December and expects future Bitcoin holdings to come primarily from its continuing Montana mining operations. It expects to file its September-quarter report by November 23 and move its virtual Investor Day from November 12 to November 23 in light of its proposed Class A common stock exchange offer.
Hyperscale Data (NYSE American: GPUS) intends to launch an exchange offer to acquire up to $50 million of outstanding common shares.
The proposed offer covers up to 192,307,692 Class A shares. Each 100 shares would receive $2.00 cash and one preferred share with a $24.00 stated value and a 12.00% annual dividend. The $0.26-per-common-share valuation represents an 82% premium to the November 6, 2026 closing price of $0.1429.
The offer requires at least 100 million shares to be tendered. The company expects launch around November 17, 2026, subject to board and regulatory approval and customary closing conditions. It will seek NYSE American listing for the preferred shares, with trading expected within 30 days after listing approval. Hyperscale Data views its market valuation as failing to reflect its balance sheet, including cash and Bitcoin holdings.
Hyperscale Data (GPUS) held approximately $50.6 million in Bitcoin, cash and restricted cash as of November 1, 2026.
The holdings included 211.4639 Bitcoin, valued at approximately $16.5 million using a Bitcoin closing price of $78,248, plus approximately $34.1 million in cash and restricted cash. The company is advancing its Michigan AI data center to meet contractual commitments and targets energizing the initial 10 megawatts of critical IT capacity in December 2026, a step toward delivering on its recently announced master services agreement.
Hyperscale Data expects to divest Ault Capital Group in 2027 through a voluntary exchange of Series F Exchangeable Preferred Stock for Ault Capital Group shares.
Hyperscale Data (GPUS) has engaged Newmark through subsidiary Alliance Cloud Services to seek long-term debt financing for its Michigan AI campus. The company aims to fund development and expansion while reducing reliance on common equity issuance. No financing has been secured; any transaction remains subject to lender underwriting, due diligence and definitive agreements.
The campus has a services agreement with a California-based neocloud provider covering an initial 20 MW of critical AI compute capacity for 10 years. The customer has two five-year extension options and a right of first offer for another 32 MW, if available. Hyperscale Data expects the first 10 MW to be energized in December 2026, with revenue-generating activities expected to begin alongside that milestone. The timetable depends on completing infrastructure and commissioning.
Hyperscale Data (GPUS) reaffirmed preliminary 2027 revenue guidance of $300 million to $350 million, alongside its adjusted earnings outlook.
For the year ending December 31, 2027, the company expects $60 million to $80 million in Adjusted EBITDA, a non-GAAP earnings measure excluding certain expenses. The outlook covers AI infrastructure and robotics, financial services and digital assets, and portfolio businesses. Hyperscale Data expects initial Michigan AI compute capacity to be energized and begin revenue-generating activities in December 2026.
Preliminary third-quarter 2026 revenue was approximately $40 million, up approximately 64% from $24.3 million a year earlier, partly offset by lower Bitcoin mining revenue. These figures remain unaudited and subject to closing procedures and review. The 2027 outlook incorporates anticipated customer deployments, financing activities and digital asset initiatives.
Hyperscale Data (GPUS) has suspended its at-the-market offering, which allowed sales of Class A common stock through Spartan Capital Securities.
The offering raised approximately $50.6 million in gross proceeds through sales of approximately 127.2 million shares. The suspension covers sales under the issuance sales agreement dated June 18, 2026, as amended on October 9, 2026. Spartan served as the sales agent. Hyperscale Data said it may evaluate future capital markets options as appropriate and in the best interests of the company and its stockholders.
Hyperscale Data (GPUS) declared a monthly cash dividend of $0.2708333 per share on its outstanding Series D preferred stock.
The board also declared a monthly cash dividend of $0.20833 per share on its outstanding Series E preferred stock. Series D carries a 13.00% rate and Series E a 10.00% rate; both are cumulative redeemable perpetual preferred stock. Both dividends have an October 31, 2026 record date and a November 10, 2026 payment date.
Hyperscale Data (GPUS) reported approximately $55.3 million in Bitcoin, cash and restricted cash held as of October 18, 2026.
The holdings included 210.0129 Bitcoin, valued at approximately $17.2 million using a Bitcoin closing price of $82,018, plus approximately $38.1 million in cash and restricted cash. The combined amount represented approximately 166% of the company's common-stock market capitalization based on its October 19, 2026 closing share price.
The company expects to divest its Ault Capital Group subsidiary in 2027 through a voluntary exchange of Series F Exchangeable Preferred Stock for ACG shares. Only holders who surrender their Series F shares and do not properly withdraw that surrender will receive ACG shares through the exchange.
Hyperscale Data (NYSE American: GPUS) plans to take its askROI subsidiary public in the second or third quarter of 2027. The AI software business could pursue a reverse takeover, an initial public offering or a transaction with a special purpose acquisition company. The route has not been selected, and completion depends on financial and regulatory requirements and market conditions.
For a reverse takeover, the timetable also depends on completing a subsequent resale registration filing for shares Hyperscale Data would receive from the unidentified public company buying askROI in the first half of 2027. Milton “Todd” Ault III will step down as askROI CEO. askROI expects to appoint Joseph Spaziano as CEO and Ryan Doucette as president; Spaziano would leave his Hyperscale Data chief technology officer role. The company intends the separation to establish an independent market valuation for askROI.
Hyperscale Data (NYSE American: GPUS) completed the tokenization of 5,000 troy ounces of physical silver through its indirect wholly owned subsidiary Ault Global Commodities.
The silver-backed digital tokens are listed on Ault Markets, a company-developed platform providing access to a decentralized exchange on the Ault Blockchain. Trading is expected to begin within weeks. Each token represents 1 troy ounce of silver, with physical delivery available through redemption in 100-token increments. The underlying silver is held at The Wyoming Reserve.
Access remains in an invitation-only beta phase. The company intends to evaluate tokenizing additional precious metals and other eligible real-world assets, subject to legal, regulatory, custody and operational requirements. Listing decisions and trading on the exchange are not controlled by a centralized entity.