Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Acquires $24,030.00 in Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III purchased 89,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was bought at an average price of $0.27 per share, for a total transaction of $24,030.00. Following the completion of the purchase, the chairman directly owned 294,501 shares of the company’s stock, valued at $79,515.27. The trade was a 43.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Hyperscale Data Trading Down 17.1%

Shares of NYSEAMERICAN:GPUS opened at $0.20 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.57. Hyperscale Data, Inc. has a twelve month low of $0.19 and a twelve month high of $3.65. The firm has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $0.81.

Hyperscale Data (NYSEAMERICAN:GPUS) last posted its earnings results on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. Hyperscale Data had a negative net margin of 71.03% and a negative return on equity of 97.52%. The company had revenue of $34.84 million during the quarter.

Hyperscale Data declared that its board has initiated a stock repurchase plan on Tuesday, May 26th that authorizes the company to repurchase $5.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 6.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Hyperscale Data

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in shares of Hyperscale Data by 2,029.5% in the 4th quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock valued at $639,000 after purchasing an additional 3,319,363 shares during the period. State Street Corp acquired a new position in Hyperscale Data during the fourth quarter worth approximately $335,000. Virtu Financial LLC acquired a new position in Hyperscale Data during the fourth quarter worth approximately $152,000. LPL Financial LLC purchased a new stake in Hyperscale Data in the fourth quarter valued at approximately $73,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Hyperscale Data in the second quarter valued at approximately $47,000. Institutional investors and hedge funds own 41.05% of the company’s stock.

More Hyperscale Data News

Here are the key news stories impacting Hyperscale Data this week:

• Positive Sentiment: Hyperscale Data said it has ceased Bitcoin mining operations at its Michigan facility to prepare the site for a previously announced AI data center master services agreement. The agreement is expected to generate approximately $1.2 billion, with potential expansion to roughly $3 billion, if the customer deployment proceeds as planned. Hyperscale Data Has Ceased Bitcoin Mining Operations in Michigan
• Positive Sentiment: Chairman Milton C. Ault III bought 42,000 shares at an average of $0.23 and 107,999 shares at $0.25 across September 1–2. CEO William B. Horne also purchased 100,000 shares at $0.20, increasing his position by 250%. The insider buying may signal management’s confidence in the company’s depressed valuation. Recent Hyperscale Data Insider Purchases
• Positive Sentiment: The company highlighted 647% growth in second-quarter blockchain-related revenue, contributing to a 44% increase in quarterly gross profit. First-half revenue rose 55%, while gross profit increased 109%. Hyperscale Data Highlights Blockchain Software Revenue Growth
• Neutral Sentiment: Hyperscale Data reported holding approximately 215 Bitcoin worth $16.7 million after selling about 65 Bitcoin for roughly $5.1 million. The sales provide liquidity but reduce exposure to potential Bitcoin appreciation. Hyperscale Data Bitcoin Treasury Update
• Negative Sentiment: The AI agreement remains an expected opportunity rather than reported revenue, and shutting down Michigan mining removes an existing operating activity while the facility is converted. The company also remains unprofitable, with recent quarterly EPS of negative $0.25, a negative 71.03% net margin, and current and quick ratios below 1.0, underscoring liquidity concerns.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.