Hyperscale Data Inc. SEC Filings

Hyperscale Data, Inc. (GPUS) files a prospectus supplement describing an at-the-market offering of Class A common stock and disclosing that a majority of any net proceeds are intended to be used to acquire Bitcoin and to develop a Michigan data facility. A smaller portion may be used to acquire XRP and for working capital, including potential repayment or repurchase of indebtedness or capital stock. The document lists multiple operating segments (Fintech, Sentinum Bitcoin mining/data centers, AGREE real estate, Energy/Circle 8, ROI including askROI and social gaming, TurnOnGreen/EV charging) and highlights numerous material risks, including reliance on Bitcoin price and demand, regulatory and environmental risks for mining, need for additional capital, business-model evolution, senior-management dependence and NYSE American listing requirements. Gemini custody and monthly fees in Bitcoin are mentioned. The prospectus emphasizes broad management discretion over proceeds and repeated investor risk warnings.

Hyperscale Data, Inc. disclosed that it entered into an At-the-Market Issuance Sales Agreement with Wilson-Davis & Co., Inc. The filing lists related exhibits including the sales agreement, a legal opinion from Olshan Frome Wolosky LLP, that firm’s consent, a press release, and Inline XBRL cover-page files. The company identifies the agreement as a material definitive agreement and notes Regulation FD disclosure and the furnishing of exhibits.

This filing provides the formal documentation for the company’s ability to offer and sell shares through an at-the-market program via the named placement agent and supplies the legal opinion and press release as filed exhibits. No proceeds, offering size, or financial results are included in the provided text.

Hyperscale Data, Inc. filed a Form 8-K reporting an amendment to its charter documents: a Certificate of Designation relating to Series H Convertible Preferred Stock was filed on August 27, 2025 and is incorporated by reference into the report. The filing states the Certificate of Designation is summarized in the report and that the full text is filed as an exhibit. No financial statements, tables, transaction terms, share counts, conversion mechanics, dividend rights, or other economic details for the Series H shares are provided in the supplied text. The cover page is formatted in Inline XBRL and the Interactive Data File is included as Exhibit 101/104. No earnings, balance sheet changes, or management commentary appear in the provided content.

Milton C. Ault III and Ault & Company, Inc. reported insider transactions in Hyperscale Data, Inc. (GPUS). On 08/22/2025 the filing shows a purchase of 100 shares of Common Stock at $0.5724 per share, increasing direct beneficial ownership to 2,450 shares. Ault & Company, Inc. is reported as having indirect beneficial ownership of 19,249 shares. The filing also records a disposition of 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock. The reporting persons are identified as Director, Executive Chairman and a >10% owner. The form is signed and dated 08/27/2025.

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.

Milton C. Ault, III, Executive Chairman, Director and 10% owner of Hyperscale Data, Inc. (GPUS) reported open-market purchases of common stock on 08/19/2025 and 08/20/2025 and a disposition of preferred stock. On 08/19/2025 he purchased 200 shares at a volume-weighted average price of $0.5991. On 08/20/2025 he purchased 1,550 shares at a VWAP of $0.5451 and 10,000 shares at $0.5724. Following the reported transactions the filing shows 19,249 common shares beneficially owned indirectly through Ault & Company, Inc.; earlier lines show beneficial ownership figures of 800 and 2,350 listed after individual transaction rows. The filing also reports a disposition of 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock. Explanations state the purchases were open-market trades and that Ault & Company, Inc. holdings are deemed beneficially owned by Mr. Ault.

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.