Hyperscale Data, Inc. SEC Filings

Hyperscale Data, Inc. insider Milton C. Ault III, the Executive Chairman and a 10% owner, bought 100 shares of common stock at $0.5724 per share on August 22, 2025. This increased his direct holdings to 2,450 common shares.

He is also deemed to beneficially own 19,249 common shares held by Ault & Company, Inc., and directly holds 116 shares of the company’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock. Ault & Company may be considered a director by deputization due to its board representation.

Hyperscale Data, Inc. (GPUS) Form 4/A discloses insider purchases by Milton C. Ault III and Ault & Company, Inc., who are a director and reportable 10% owners. On 08/19/2025 Mr. Ault purchased 200 shares of common stock in open-market trades at a volume-weighted average price of $0.5991, increasing reported beneficial ownership to 800 shares. On 08/20/2025 additional open-market purchases totaled 11,550 shares at VWAPs of $0.5451 (1,550 shares) and $0.5724 (10,000 shares), bringing combined holdings to 2,350 direct and 19,249 indirect shares (the 19,249 are held by Ault & Company, Inc.). The filing also reports a disposal of 116 shares of Series D preferred stock. This amendment clarifies the filing is joint with Ault & Company and states no changes to the originally reported transactions.

Hyperscale Data, Inc. files an amended shelf registration describing its plan to offer various securities and summarizing business lines, material risks and offering mechanics. The company operates through multiple subsidiaries spanning fintech lending, Bitcoin mining and data centers, hotel and real estate operations, energy and infrastructure services, AI-driven analytics (askROI), gaming and EV charging solutions. The filing highlights significant risk factors including dependence on Bitcoin price and demand, regulatory and environmental risks, the need to raise additional capital, reliance on senior management, potential delisting from NYSE American, and volatile common stock price. The registration also summarizes potential terms for debt, warrants, rights and units, indebtedness definitions, events of default, amendment limits, depositary and global security conditions, estimated offering expenses categories, and lists exhibits and counsel consents.

Hyperscale Data, Inc. Executive Chairman and 10% owner Milton C. Ault III reported open-market purchases of the company’s common stock. On August 19, 2025, he bought 200 shares at a volume-weighted average price of $0.5991 per share. On August 20, 2025, he bought an additional 1,550 shares at a volume-weighted average price of $0.5451 per share, increasing his directly held common stock to 2,350 shares.

Also on August 20, 2025, 10,000 common shares were purchased in the open market and are held indirectly through Ault & Company, Inc., where Ault is Chief Executive Officer, bringing that indirect position to 19,249 shares. The filing also shows direct ownership of 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Hyperscale Data, Inc. (GPUS) reported significant operating losses and ongoing financing activity through the six months ended June 30, 2025. Revenue totaled $25.9 million for the period, driven by crypto assets mining, hotel and real estate operations, and crane rental, while costs and operating expenses produced a loss from operations of $(16.5) million for the six months and a net loss of $(17.3) million for the quarter. The balance sheet shows cash and restricted cash of $27.3 million, negative working capital of $139.4 million, and an accumulated deficit of $(686.96) million. The company has issued multiple preferred series and convertible instruments and raised proceeds including approximately $7.9 million from Series B preferred stock and $14.6 million from Class A stock issuances. Several convertible notes and promissory notes are in default or near maturity, and management states these factors create substantial doubt about the company’s ability to continue as a going concern for at least one year.

Hyperscale Data, Inc. declared cash dividends on two series of its preferred stock. Holders of the 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock will receive a cash dividend of $0.2708333 per share, and holders of the 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock will receive $0.20833 per share. The dividends share the same key dates: the record date is August 31, 2025, meaning investors must be on the books that day to receive payment, and the payment date is September 10, 2025, when cash is scheduled to be distributed. The company announced these dividends in a press release that is attached as an exhibit and incorporated by reference.

Hyperscale Data, Inc. filed a preliminary proxy statement for its annual meeting presenting seven proposals for stockholder approval. Management asks shareholders to elect six director nominees and to ratify CBIZ CPAs P.C. as the independent registered public accounting firm for the 2025 fiscal year. The company seeks non-binding approval of named executive officer compensation and a three-year frequency for future advisory votes. Material corporate actions include stockholder approval to convert up to 100,000 shares of Series H Convertible Preferred Stock into Class A Common Stock for up to $100,000,000 pursuant to a July 31, 2025 Securities Purchase Agreement. The company also proposes a new 2025 Stock Incentive Plan and seeks approval for equity issuances to directors and executive officers. The filing includes director and executive officer names, specified committee chairs, selected compensation components (including "All Other Compensation" amounts for named executives), and the companys voting recommendations or effects for each proposal as presented in the proxy materials.

Hyperscale Data, Inc. filed a notice that it will submit its Form 10-Q for the quarter ended June 30, 2025 after the deadline, citing that compiling and reviewing the required information on time would have caused undue hardship and expense. The company expects a significant change in results, with revenue of approximately $51 million for the six months ended June 30, 2025, down about 9% from $56 million a year earlier, mainly due to an estimated $10 million decline in digital asset mining revenue following the April 2024 Bitcoin halving.

Loss from continuing operations improved to about $17 million from $23 million, and estimated net loss available to common stockholders narrowed to roughly $27 million from $33 million. Operating expenses fell to about $28 million from $38 million, driven by lower impairment charges, reduced general and administrative costs, and the wind-down or deconsolidation of certain subsidiaries. Segment revenue was largely stable, including roughly $25 million from Circle 8 Crane Services and $9 million from hotel and real estate operations for both periods, while lending and trading activities swung from negative $1 million to positive $2 million.