Hyperscale Data Terminates At-the-Market Issuance Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: seekingalpha
- Termination of Issuance Agreement: Hyperscale Data's at-the-market issuance sales agreement, signed on January 16, 2026, will officially terminate on June 8, 2026, indicating the company failed to meet its expected financing goals during this period.
- Financing Details: The company sold approximately 137.6 million shares of Class A common stock under the agreement, raising about $24.7 million, with an average sale price of approximately $0.1793 per share, reflecting insufficient market demand for its stock.
- Financial Position: As of now, Hyperscale Data holds 644.7581 Bitcoin and cash and bitcoin reserves valued at $93.5 million, showcasing the potential value of its digital assets amidst the termination of the sales agreement.
- Preliminary Earnings Report: Hyperscale Data has released preliminary Q1 results, although specific figures are not disclosed, the market remains attentive to its future performance, which could impact investor confidence.
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Analyst Views on GPUS
About GPUS
Hyperscale Data, Inc. is a diversified holding company. Through its wholly owned subsidiaries, the Company owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (AI) ecosystems and other industries. The Company’s segments include Energy and Infrastructure (Energy), Technology and Finance (Fintech), Sentinum, Inc. (Sentinum), TurnOnGreen, ROI and Ault Global Real Estate Equities, Inc. (AGREE). The Fintech segment, through Ault Lending, LLC (Ault Lending), is engaged in commercial lending, activist investing, and stock trading. The Sentinum segment is engaged in crypto assets mining operations and colocation and hosting services for the emerging AI ecosystems and other industries. The TurnOnGreen segment is engaged in providing commercial electronics solutions. The ROI segment is engaged in providing an AI software platform and a social gaming platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hyperscale Data Terminates At-the-Market Issuance Agreement
- Termination of Issuance Agreement: Hyperscale Data's at-the-market issuance sales agreement, signed on January 16, 2026, will officially terminate on June 8, 2026, indicating the company failed to meet its expected financing goals during this period.
- Financing Details: The company sold approximately 137.6 million shares of Class A common stock under the agreement, raising about $24.7 million, with an average sale price of approximately $0.1793 per share, reflecting insufficient market demand for its stock.
- Financial Position: As of now, Hyperscale Data holds 644.7581 Bitcoin and cash and bitcoin reserves valued at $93.5 million, showcasing the potential value of its digital assets amidst the termination of the sales agreement.
- Preliminary Earnings Report: Hyperscale Data has released preliminary Q1 results, although specific figures are not disclosed, the market remains attentive to its future performance, which could impact investor confidence.
See More
Hyperscale Data Terminates ATM Sales Agreement
- Termination of ATM Agreement: Hyperscale Data initiated the termination process of its ATM sales agreement with Spartan Capital Securities on May 27, 2026, set to officially take effect on June 8, 2026, indicating the company will cease selling common stock under this agreement, which may impact its financing capabilities.
- Financing Overview: Under the ATM agreement, the company sold approximately 137.6 million shares, raising about $24.7 million at an average price of $0.1793 per share, providing short-term funding but limiting future capital acquisition options due to the agreement's termination.
- Future Capital Market Evaluation: The company indicated it will evaluate capital market options as appropriate, reflecting flexibility in its future financing strategy while also highlighting uncertainties in the current market environment.
- Shift in Business Focus: With the divestiture of ACG expected in the second quarter of 2027, Hyperscale Data will concentrate on data center operations and digital asset holdings, potentially affecting its business structure and market positioning.
See More
Hyperscale Holds Nearly 700 Bitcoins, Plans More Accumulation
- Bitcoin Holdings: Hyperscale Data disclosed that its subsidiaries, Sentinum and Ault Capital Group (ACG), held a total of 699.6865 Bitcoins as of May 24, valued at approximately $53.9 million, indicating a proactive approach in its digital asset strategy that is expected to enhance financial stability.
- Gradual Accumulation Plan: The company intends to use cash allocated for its digital asset strategy to gradually purchase more Bitcoin, joining a growing list of public firms that view BTC as a reserve asset, which may increase its attractiveness to investors.
- Stock Buyback Program: Hyperscale announced a tender offer to repurchase up to $5 million of GPUS shares at a premium price of $0.21 per share, above the closing price of $0.16 on May 22, with plans to buy back 23,809,523 shares, potentially enhancing shareholder value and boosting stock price.
- Insider Ownership Concentration: The company's directors, officers, and largest shareholder will not participate in the tender offer, which is projected to further concentrate insider ownership, with Ault & Company maintaining its 51.83% stake, thereby stabilizing strategic decision-making within the company.
See More
Hyperscale Data Initiates $5 Million Stock Buyback
- Stock Buyback Announcement: Hyperscale Data has initiated a cash tender offer to repurchase up to $5 million of its Class A common stock at a price of $0.21 per share, reflecting the company's confidence in its stock value.
- Clear Funding Source: The buyback will be funded through the company's existing cash and cash equivalents, indicating robust liquidity management and potentially boosting investor confidence.
- Tender Offer Deadline: The tender offer will expire at 11:59 p.m. ET on June 8, 2026, unless extended or terminated early, creating a sense of urgency for investors to make timely decisions.
- Future Development Outlook: Hyperscale Data anticipates the divestiture of Ault Capital Group in Q2 2027, focusing on data center operations and high-performance computing services, which will further enhance the company's competitive position in the market.
See More
Hyperscale Data Holds 699.6865 Bitcoin Worth $53.9 Million
- Bitcoin Holdings: As of May 24, 2026, Hyperscale Data and its wholly-owned subsidiaries, Sentinum and Ault Capital Group, collectively held 699.6865 Bitcoin valued at approximately $53.9 million, indicating a robust positioning in the digital asset sector.
- Market Acquisition Activity: During the week ending May 24, Ault Capital Group acquired approximately 2.0000 Bitcoin in the open market, enhancing its digital asset portfolio and demonstrating the company's active engagement in the Bitcoin market.
- Digital Asset Strategy: Hyperscale Data intends to gradually deploy cash allocated for its digital asset treasury strategy into Bitcoin purchases, reflecting the company's expectations for future Bitcoin price appreciation and its long-term investment strategy in digital assets.
- Future Development Plans: The anticipated divestiture of ACG in the second quarter of 2027 will allow Hyperscale Data to focus on data center operations and digital asset holdings, further solidifying its position in the high-performance computing services market.
See More
Hyperscale Data Holds 692.41 Bitcoin Valued at $53.6 Million
- Bitcoin Holdings: As of May 17, 2026, Hyperscale Data and its wholly-owned subsidiaries, Sentinum and ACG, collectively held 692.41 Bitcoin, valued at approximately $53.6 million based on the closing price, indicating a strong positioning in the digital asset space.
- Cash Deployment Strategy: Hyperscale Data intends to gradually allocate cash towards Bitcoin purchases as part of its digital asset treasury strategy, which could enhance its asset diversity and potentially improve future financial performance.
- Business Restructuring Plan: The divestiture of ACG is expected to occur in the second quarter of 2027, at which point Hyperscale Data will focus on high-performance computing services and digital asset holdings, further clarifying its market positioning.
- Diversified Business Model: Through ACG, Hyperscale Data not only provides AI software platforms and equipment rental services but is also actively engaged in private credit and structured finance, showcasing its potential for business expansion across multiple industries.
See More
Hyperscale Data Terminates At-the-Market Issuance Agreement
- Termination of Issuance Agreement: Hyperscale Data's at-the-market issuance sales agreement, signed on January 16, 2026, will officially terminate on June 8, 2026, indicating the company failed to meet its expected financing goals during this period.
- Financing Details: The company sold approximately 137.6 million shares of Class A common stock under the agreement, raising about $24.7 million, with an average sale price of approximately $0.1793 per share, reflecting insufficient market demand for its stock.
- Financial Position: As of now, Hyperscale Data holds 644.7581 Bitcoin and cash and bitcoin reserves valued at $93.5 million, showcasing the potential value of its digital assets amidst the termination of the sales agreement.
- Preliminary Earnings Report: Hyperscale Data has released preliminary Q1 results, although specific figures are not disclosed, the market remains attentive to its future performance, which could impact investor confidence.
See More
Hyperscale Data Terminates ATM Sales Agreement
- Termination of ATM Agreement: Hyperscale Data initiated the termination process of its ATM sales agreement with Spartan Capital Securities on May 27, 2026, set to officially take effect on June 8, 2026, indicating the company will cease selling common stock under this agreement, which may impact its financing capabilities.
- Financing Overview: Under the ATM agreement, the company sold approximately 137.6 million shares, raising about $24.7 million at an average price of $0.1793 per share, providing short-term funding but limiting future capital acquisition options due to the agreement's termination.
- Future Capital Market Evaluation: The company indicated it will evaluate capital market options as appropriate, reflecting flexibility in its future financing strategy while also highlighting uncertainties in the current market environment.
- Shift in Business Focus: With the divestiture of ACG expected in the second quarter of 2027, Hyperscale Data will concentrate on data center operations and digital asset holdings, potentially affecting its business structure and market positioning.
See More
Hyperscale Holds Nearly 700 Bitcoins, Plans More Accumulation
- Bitcoin Holdings: Hyperscale Data disclosed that its subsidiaries, Sentinum and Ault Capital Group (ACG), held a total of 699.6865 Bitcoins as of May 24, valued at approximately $53.9 million, indicating a proactive approach in its digital asset strategy that is expected to enhance financial stability.
- Gradual Accumulation Plan: The company intends to use cash allocated for its digital asset strategy to gradually purchase more Bitcoin, joining a growing list of public firms that view BTC as a reserve asset, which may increase its attractiveness to investors.
- Stock Buyback Program: Hyperscale announced a tender offer to repurchase up to $5 million of GPUS shares at a premium price of $0.21 per share, above the closing price of $0.16 on May 22, with plans to buy back 23,809,523 shares, potentially enhancing shareholder value and boosting stock price.
- Insider Ownership Concentration: The company's directors, officers, and largest shareholder will not participate in the tender offer, which is projected to further concentrate insider ownership, with Ault & Company maintaining its 51.83% stake, thereby stabilizing strategic decision-making within the company.
See More
Hyperscale Data Initiates $5 Million Stock Buyback
- Stock Buyback Announcement: Hyperscale Data has initiated a cash tender offer to repurchase up to $5 million of its Class A common stock at a price of $0.21 per share, reflecting the company's confidence in its stock value.
- Clear Funding Source: The buyback will be funded through the company's existing cash and cash equivalents, indicating robust liquidity management and potentially boosting investor confidence.
- Tender Offer Deadline: The tender offer will expire at 11:59 p.m. ET on June 8, 2026, unless extended or terminated early, creating a sense of urgency for investors to make timely decisions.
- Future Development Outlook: Hyperscale Data anticipates the divestiture of Ault Capital Group in Q2 2027, focusing on data center operations and high-performance computing services, which will further enhance the company's competitive position in the market.
See More
Hyperscale Data Holds 699.6865 Bitcoin Worth $53.9 Million
- Bitcoin Holdings: As of May 24, 2026, Hyperscale Data and its wholly-owned subsidiaries, Sentinum and Ault Capital Group, collectively held 699.6865 Bitcoin valued at approximately $53.9 million, indicating a robust positioning in the digital asset sector.
- Market Acquisition Activity: During the week ending May 24, Ault Capital Group acquired approximately 2.0000 Bitcoin in the open market, enhancing its digital asset portfolio and demonstrating the company's active engagement in the Bitcoin market.
- Digital Asset Strategy: Hyperscale Data intends to gradually deploy cash allocated for its digital asset treasury strategy into Bitcoin purchases, reflecting the company's expectations for future Bitcoin price appreciation and its long-term investment strategy in digital assets.
- Future Development Plans: The anticipated divestiture of ACG in the second quarter of 2027 will allow Hyperscale Data to focus on data center operations and digital asset holdings, further solidifying its position in the high-performance computing services market.
See More
Hyperscale Data Holds 692.41 Bitcoin Valued at $53.6 Million
- Bitcoin Holdings: As of May 17, 2026, Hyperscale Data and its wholly-owned subsidiaries, Sentinum and ACG, collectively held 692.41 Bitcoin, valued at approximately $53.6 million based on the closing price, indicating a strong positioning in the digital asset space.
- Cash Deployment Strategy: Hyperscale Data intends to gradually allocate cash towards Bitcoin purchases as part of its digital asset treasury strategy, which could enhance its asset diversity and potentially improve future financial performance.
- Business Restructuring Plan: The divestiture of ACG is expected to occur in the second quarter of 2027, at which point Hyperscale Data will focus on high-performance computing services and digital asset holdings, further clarifying its market positioning.
- Diversified Business Model: Through ACG, Hyperscale Data not only provides AI software platforms and equipment rental services but is also actively engaged in private credit and structured finance, showcasing its potential for business expansion across multiple industries.
See More
