Hyperscale Data Announces Estimated Total Assets and Net Assets per Share of $0.87 and $0.33, Respectively, as of February 28, 2026
Rhea-AI Summary
Hyperscale Data (NYSE: GPUS) reported estimated total assets of $314 million (~$0.87 per Class A share) and estimated net assets of $119 million (~$0.33 per share) as of February 28, 2026. The company noted approximately $81 million in cash, restricted cash and Bitcoin holdings. These figures are preliminary, unaudited and subject to change after customary closing and review procedures.
The company said it continued to expand digital asset holdings and invest in high-performance computing infrastructure while optimizing capital structure.
Positive
- Total assets approximately $314 million as of Feb 28, 2026
- Net assets approximately $119 million as of Feb 28, 2026
- Cash, restricted cash and Bitcoin holdings approximately $81 million
Negative
- Estimates are preliminary and unaudited, subject to change after review
- Company acknowledges its common stock historically trades below
Key Figures
Market Reality Check
Peers on Argus
GPUS was up 7.31% with elevated volume, while sector peers in momentum like SIDU and XTIA also moved up (scanner median about 1.6%). One peer, KITT, moved down, suggesting a mix of stock-specific and broader sector dynamics.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 11 | Revenue guidance | Positive | +7.3% | Issued 2026 revenue guidance of $180M–$200M implying strong growth. |
| Mar 10 | Crypto treasury update | Positive | +1.0% | Reported $82.9M crypto and cash treasury at ~137.98% of market cap. |
| Mar 05 | AI platform upgrade | Positive | -4.6% | Subsidiary askROI deployed Claude Opus 4.6 to enhance AI capabilities. |
| Mar 03 | Crypto treasury update | Positive | -3.7% | Disclosed $81.5M in cash and Bitcoin, ~141.93% of market cap. |
| Feb 24 | Crypto treasury update | Positive | +3.5% | Reported 605.9923 BTC and $81.7M in cash and Bitcoin holdings. |
Recent news shows mixed reactions: strong revenue guidance and crypto treasury updates often saw aligned upside moves, while certain AI product updates and some treasury reports led to negative divergence.
Over the past few weeks, Hyperscale Data has focused on AI growth and its Bitcoin-heavy balance sheet. On Mar 11, it issued bullish 2026 revenue guidance of $180M–$200M versus ~$100M in 2025, with shares rising 7.31%. Multiple crypto treasury updates in late February and early March highlighted cash and Bitcoin holdings frequently exceeding 140% of market cap, with mixed price reactions. Today’s estimated asset and net asset per-share figures continue this theme of emphasizing balance sheet value relative to the current share price.
Regulatory & Risk Context
An effective S-3 shelf registers up to 43,011,836 Class A shares tied to $12,768,000 principal of secured convertible notes. The notes carry 12.5% interest and are convertible with a price formula and floor, indicating ongoing potential for equity issuance linked to this financing.
Market Pulse Summary
This announcement provides preliminary, unaudited estimates of balance sheet strength, with total assets of $314 million (~$0.87 per share) and net assets of $119 million (~$0.33 per share) as of February 28, 2026. About $81 million of cash, restricted cash and Bitcoin forms a significant portion of assets, consistent with earlier Bitcoin treasury updates. Investors may track future audited results, changes in digital asset holdings, and the impact of existing financing structures and registered convertibles on per-share value.
Key Terms
restricted cash financial
Bitcoin financial
AI-generated analysis. Not financial advice.
Total Assets of Approximately
The estimated value of the Company's cash, restricted cash and Bitcoin holdings as of February 28, 2026, of approximately
These estimates reflect the Company's internal adjustments in assets, liabilities and shares of Common Stock outstanding through February 28, 2026. During the first quarter of 2026, Hyperscale Data continued to expand its digital asset holdings, invest in high-performance computing infrastructure and optimize its capital structure. 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 ended February 28, 2026.
The Company believes these measures provide stockholders with a meaningful indication of intrinsic value per share based on its current balance sheet strength and digital asset treasury position. Hyperscale Data's Common Stock has historically traded below what the Company believes its asset value per share and long-term strategy should reflect.
"We believe the Company's balance sheet remains strong, despite continued volatility in the price of Bitcoin," stated Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "We still believe in the long-term value proposition of Bitcoin and are positioning the Company's balance sheet to capitalize on this belief. Bitcoin is a foundational asset, and we intend to continue to acquire Bitcoin for the foreseeable future."
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, 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 first quarter of 2027. 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,
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
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SOURCE Hyperscale Data Inc.
FAQ
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