Hyperscale Stock Jumps 33% in After-Hours Trading Following Positive Response to Bitcoin Mining Fleet Enhancement and Nvidia GPU Cloud Introduction
Stock Surge: Hyperscale Data, Inc. (GPUS) shares rose 33% in after-hours trading following positive news about launching an on-demand NVIDIA GPU cloud platform, extending gains from a 24.48% increase during regular trading.
NVIDIA GPU Cloud Platform: The company plans to offer instant access to high-performance NVIDIA GPUs, including the H100, B200, and B300, from its Michigan data center, which also supports Bitcoin mining and AI operations.
Efficient Mining Equipment: Hyperscale has received new Bitmain S21+ mining units, known for their energy efficiency and superior hashrate performance, and has ordered an additional 1,000 units.
Stock Performance: Despite the recent surge, GPUS stock has declined 90% year-to-date, with current trading prices reflecting ongoing volatility in the market.
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