Hyperscale Data Announces Estimated Total Assets and Net Assets per Share of $1.17 and $0.52, Respectively, as of November 30, 2025

Rhea-AI Summary

Hyperscale Data (NYSE: GPUS) announced estimated total assets of ~$377 million and estimated net assets of ~$168 million as of November 30, 2025, equal to approximately $1.17 and $0.52 per Class A share, respectively.

Figures are preliminary and unaudited, reflect adjustments for assets, liabilities, shares outstanding, cash proceeds and Bitcoin purchases, and the company says cash and Bitcoin continue to represent a significant portion of total assets. Estimates are subject to change after customary closing and review procedures.

Positive

• Total assets approximately $377 million as of Nov 30, 2025
• Net assets approximately $168 million as of Nov 30, 2025
• Per-share assets ~$1.17 total, ~$0.52 net per Class A share
• Significant cash and Bitcoin holdings reported in treasury

Negative

• Estimates are preliminary and unaudited and may change
• Potential timing risk from customary closing and review procedures

Key Figures

Estimated total assets $377 million As of November 30, 2025

Total assets per share $1.17 per share Class A common stock, as of November 30, 2025

Estimated net assets $168 million As of November 30, 2025

Net assets per share $0.52 per share Class A common stock, as of November 30, 2025

Market Reality Check

$0.2481 Last Close

Volume Volume 19,072,924 is below the 20-day average of 27,066,197 (relative volume 0.7x). normal

Technical Price 0.2617 is trading below the 200-day MA of 1.74, indicating a pre-news downtrend.

Peers on Argus 2 Up 1 Down

GPUS fell 7.85% while several peers like MNTS (-12.5%), KITT (-10.9%) and CVU (-3.54%) were also down, but scanner data shows mixed moves with some peers up, suggesting only partial sector correlation.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 09	Special stock dividend	Positive	+7.2%	Announced one-time Class B stock dividend to common and preferred holders.
Dec 09	Bitcoin treasury update	Positive	+7.2%	Reported ~$75M Bitcoin and cash treasury with stated growth target.
Dec 02	Bitcoin treasury update	Positive	+6.5%	Disclosed ~$72.25M Bitcoin and cash treasury and reiterated $100M goal.
Nov 25	Bitcoin treasury update	Positive	+0.9%	Outlined ~$70.5M Bitcoin and cash position and weekly reporting plan.
Nov 24	Treasury ranking news	Positive	+12.4%	Reported entry into global top 100 public Bitcoin treasuries.

Pattern Detected

Recent Bitcoin treasury and asset-focused updates have all seen positive 24h price reactions, indicating the stock has historically responded favorably to balance sheet and crypto-treasury disclosures.

Recent Company History

Over the last six weeks, Hyperscale Data issued several updates highlighting its Bitcoin treasury and capital actions. Crypto-focused releases on Nov 23, 2025, Nov 30, 2025, and Dec 7, 2025 all detailed growing BTC and cash positions and each coincided with positive 24h moves. A Nov 24, 2025 announcement about joining the top 100 public Bitcoin treasuries and a Dec 9, 2025 special Class B dividend also drew favorable reactions. Today’s asset-per-share update fits this pattern of balance sheet transparency.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-11-17

$1,000,000,000 registered capacity

An effective Form S-3 shelf filed on Nov 17, 2025 allows Hyperscale Data to offer various securities with an aggregate initial offering price of up to $1,000,000,000 over the shelf life, providing flexibility for future capital raises via common stock, preferred stock, debt, warrants, rights or units.

Market Pulse Summary

This announcement provides preliminary, unaudited estimates of total assets near $377 million and net assets around $168 million, or roughly $1.17 and $0.52 per Class A share, respectively, as of November 30, 2025. It emphasizes the role of cash and Bitcoin within the balance sheet and follows prior updates on treasury growth. Investors monitoring this story may focus on subsequent audited results, capital-raising activity under the existing shelf, and any changes in digital asset strategy.

Key Terms

class a common stock financial

"equate to approximately $1.17 per share of Class A common stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

digital asset financial

"disciplined approach to digital asset accumulation and treasury management"

A digital asset is a representation of value or rights that exists only in electronic form—like digital versions of cash, stocks, or collectibles kept in a virtual wallet. They are transferred and recorded using computer systems that make copying or tampering difficult, and can include currencies, tokenized shares, or unique digital items. Investors care because digital assets can offer new ways to diversify, trade and raise capital, but they also bring different risks around price swings, custody and regulation.

treasury management financial

"digital asset accumulation and treasury management"

Treasury management is a company's day‑to‑day handling of cash, short‑term investments, borrowing and financial risks to make sure bills are paid, excess cash is used wisely, and exposure to things like interest rates or foreign currencies is controlled. Think of it as running the company's checking account and emergency fund so operations keep flowing. For investors, strong treasury management signals that a company can meet obligations, fund growth without costly surprises, and protect value in changing markets.

AI-generated analysis. Not financial advice.

Total Assets of Approximately $377 Million 

LAS VEGAS, Dec. 15, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that, as of November 30, 2025, its estimated total assets of approximately $377 million equate to approximately $1.17 per share of Class A common stock (the "Common Stock"), and its estimated net assets of approximately $168 million equate to approximately $0.52 per share. These estimates reflect preliminary, unaudited financial information and the Company's updated balance-sheet position through November 30, 2025.

Additionally, the estimated value of the Company's cash and Bitcoin holdings as of November 30, 2025, continues to represent a significant portion of the Company's estimated total assets, reflecting Hyperscale Data's disciplined approach to digital asset accumulation and treasury management.

These estimates reflect adjustments in assets, liabilities, and shares of Common Stock outstanding, additional cash proceeds therefrom, and Bitcoin purchases through November 30, 2025. During this period, Hyperscale Data has continued to expand its digital asset holdings, invest in high-performance computing infrastructure, and optimize its capital structure.

The Company believes these measures provide stockholders with a meaningful indication of intrinsic value per share based on its current balance sheet strength, digital asset treasury position, and infrastructure investments. Hyperscale Data's Common Stock has historically traded below what the Company believes reflects its underlying asset value and long-term strategy.

"Our balance sheet remains strong as we continue to accumulate digital assets, enhance our infrastructure, and execute on our strategic initiatives," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "Throughout 2025, we have made meaningful progress in growing our asset base and strengthening our data center operations. We believe the value of our assets and the strategic positioning of our business are not fully reflected in our current trading price, and we remain focused on disciplined execution and long-term value creation for our stockholders."

These estimates have not been reviewed or audited by the Company's independent registered public accounting firm and are subject to change upon completion of customary closing and review procedures for the period ending November 30, 2025.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov. 

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2026. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

FAQ

What did Hyperscale Data (GPUS) report for estimated total assets on Nov 30, 2025?

Hyperscale Data reported estimated total assets of approximately $377 million as of Nov 30, 2025.

How much are Hyperscale Data's estimated net assets per Class A share (GPUS) as of Nov 30, 2025?

Estimated net assets equal approximately $168 million, or about $0.52 per Class A share.

What portion of Hyperscale Data's assets does the company highlight in the Nov 30, 2025 estimate?

The company highlights that cash and Bitcoin holdings continue to represent a significant portion of total assets.

Are Hyperscale Data's Nov 30, 2025 asset figures audited and final for GPUS?

No; the figures are preliminary and unaudited and are subject to change after review and closing procedures.

What should GPUS investors know about the company's asset updates dated Dec 15, 2025?

Investors should note the preliminary per-share estimates, the emphasis on digital asset accumulation, and that values may change upon audit.