Hyperscale Data, Inc.(GPUS)
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$51.79 Bn Hyperscale Edge Computing Market Opportunities and Strategies to 2033: Expansion of Hyperscale Data Center Portfolios With New Builds and Additional Capacity
GlobeNewswire News Room· 2024-12-04 09:32
Core Insights - The global hyperscale edge computing market reached approximately $3.4 billion in 2023, with a compound annual growth rate (CAGR) of 30.84% since 2018, and is projected to grow to $14.68 billion by 2028 and $51.79 billion by 2033 [2][16]. Market Overview - The market is segmented by component into hardware, software, and service, with hardware accounting for 47.94% or $1.63 billion in 2023. The software segment is expected to grow the fastest at a CAGR of 37.99% from 2023 to 2028 [4]. - By enterprise size, large enterprises represented 70.43% or $2.4 billion of the market in 2023, while small and medium enterprises (SMEs) are anticipated to grow at a CAGR of 35.31% during the same period [5]. - In terms of application, industrial IoT was the largest segment at 31.54% or $1.07 billion in 2023, with AR/VR expected to be the fastest-growing segment at a CAGR of 36.28% [6][7]. - The end-user segmentation shows IT and telecom as the largest segment at 28.27% or $963.74 million, with healthcare projected to grow the fastest at a CAGR of 39.47% [8]. Regional Insights - North America was the largest region, accounting for 35.07% or $1.19 billion in 2023, followed by Asia-Pacific and Western Europe. Asia-Pacific and the Middle East are expected to be the fastest-growing regions with CAGRs of 36.03% and 34.73% respectively [9]. Competitive Landscape - The market is fragmented, with the top ten competitors holding only 9.67% of the market share in 2023. Microsoft Corporation leads with a 2.78% share, followed by Amazon.com, Inc. and Intel Corporation [10]. - Key opportunities include the software segment gaining $4.69 billion in annual sales by 2028, and large enterprises gaining $7.71 billion [11]. Strategic Trends - Major trends include the deployment of air-gapped cloud appliances, introduction of advanced edge computing platforms, strategic partnerships, and expansion of data center portfolios [12][17]. - Companies are advised to enhance digital ecosystem management, deploy modular edge computing platforms, and focus on strategic investments in hyperscale cloud and AI infrastructure [14]. Mergers and Acquisitions - Notable acquisitions include Edge Centers LLC acquiring CloneCone and Google acquiring MobiledgeX, indicating a trend towards consolidation in the market [18].
Hyperscale Data Announces Business Update for TurnOnGreen
GlobeNewswire News Room· 2024-12-02 11:30
LAS VEGAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirect subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has secured $3.9 million in new defense contracts through its power electronics division Digital Power Corporation (“DPC”). The agreements encompass the production and integration of defense-grade power conversion modules, tactical power switching and charging systems, and ...
Hyperscale Data Announces 640 Bitcoin Mined Year to Date
GlobeNewswire News Room· 2024-11-29 11:30
LAS VEGAS, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that it has mined 640 Bitcoin year to date through November 26, 2024. Of this total, approximately 380 were mined at the Company’s facility in Michigan, with the remaining approximately 260 Bitcoin from mining machines previously hosted by Core Scientific, Inc. William B. Horne, CEO of Hyperscale Data, stated, “While the Company is tr ...
Hyperscale Data Announces a Special Dividend of Series F Exchangeable Preferred Stock
GlobeNewswire News Room· 2024-11-26 11:30
LAS VEGAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), hereby announces that it plans to issue a special one-time dividend (the “Distribution”) of one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Company hereby announces ...
Hyperscale Data, Inc.(GPUS) - 2024 Q3 - Quarterly Report
2024-11-19 22:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 ¨ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________. Commission file number 1-12711 HYPERSCALE DATA, INC. (Exact name of registrant as specified in its charter) Delaware 94-1721931 (State or other ju ...
Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire News Room· 2024-11-19 11:30
LAS VEGAS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is November 30, 2024, and the payment date is Tuesday, December 10, 2024. Link to NYSE quote for the Company’s 13.00% Ser ...
Hyperscale Data Announces a Special Dividend of Class B Common Stock
GlobeNewswire News Room· 2024-11-15 11:30
LAS VEGAS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), announces that it plans to issue a special one-time dividend (the “Distribution”) of 5,000,000 shares of its Class B Common Stock (the “Class B Common Stock”) to all holders of its Class A Common Stock (the “Class A Common Stock”) and the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution is November 29 ...
Hyperscale Data Announces a Special Dividend of 10% Series E Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire News Room· 2024-11-13 11:30
LAS VEGAS, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), previously announced on November 6, 2024 that it plans to issue a special one-time dividend (the “Distribution”) of a newly designated 10% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred on an as-converted basis. The Company hereby an ...
Hyperscale Data Announces Date and Ratio of Reverse Stock Split
GlobeNewswire News Room· 2024-11-11 11:30
Reverse Stock Split Details - The company announced a reverse stock split of its Class A Common Stock with a ratio of 1-for-35, effective on November 22, 2024 [1][3] - The reverse split was approved by stockholders at the annual meeting on June 28, 2024, with a ratio range of 1-for-2 to 1-for-35 [2] - Trading on a split-adjusted basis will begin on November 25, 2024, under a new CUSIP number [3] Impact of Reverse Stock Split - The reverse split affects all issued and outstanding shares, as well as shares available for issuance under equity incentive plans [4] - It reduces the number of shares issuable upon the exercise of stock options or warrants outstanding prior to the split [4] - The par value of the Common Stock remains unchanged at $0.001 per share [4] - Stockholders will not receive fractional shares; instead, they will receive cash payments for fractional shares [4] Company Overview - Hyperscale Data is a diversified holding company focused on acquiring undervalued businesses and disruptive technologies [7] - The company operates a data center for Bitcoin mining and provides colocation and hosting services for AI ecosystems and other industries [7] - It offers mission-critical products across various industries, including social gaming, defense/aerospace, automotive, and medical/biopharma [7] - The company is also engaged in private credit and structured finance through a licensed lending subsidiary [7] Additional Information - Computershare Trust Company, N A, is acting as the exchange and transfer agent for the reverse split, providing instructions to stockholders with physical certificates [5] - Stockholders and investors are encouraged to review the company's public filings and press releases for more information [6]
Hyperscale Data Plans to Issue a $16.25 Million Stated Value Special Dividend of 10% Series E Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire News Room· 2024-11-06 11:30
Core Viewpoint - Hyperscale Data, Inc. plans to issue a special one-time dividend in the form of a 10% Series E Cumulative Redeemable Perpetual Preferred Stock to common stockholders and holders of Series C Convertible Preferred Stock, reflecting the company's commitment to reward shareholders despite changes in its dividend strategy [1][2]. Group 1: Dividend Announcement - The company will issue a special one-time dividend of Series E Preferred Stock with a stated value of $25 per share and a monthly cash dividend at a 10% annualized rate [1]. - The issuance of the special dividend is subject to regulatory approvals, including board and NYSE American approval, and compliance with applicable laws and market conditions [1]. - The company will provide further details regarding record and dividend dates once the necessary approvals are obtained [1]. Group 2: Strategic Shift - The company has shifted its focus from Bitcoin mining to colocation and hosting services for artificial intelligence and high-performance computing sectors [2]. - The decision to issue a cash dividend instead of a Bitcoin dividend was made after exploring various options, with the new dividend representing approximately 16% of the face value of the Bitcoin mined since early 2021 [2]. - The leadership emphasizes that the economic substance of the dividend remains consistent with the company's commitment to shareholders, despite the change in form [2]. Group 3: Company Overview - Hyperscale Data is a diversified holding company that acquires undervalued businesses and disruptive technologies, operating a data center for Bitcoin mining and offering colocation and hosting services [4]. - The company also provides mission-critical products across various industries, including social gaming, defense, automotive, and medical sectors, and is involved in private credit and structured finance through a licensed lending subsidiary [4].