Hyperscale Data, Inc.(GPUS)
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Hyperscale Data Announces 32 Consecutive Monthly Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
Globenewswire· 2025-02-12 11:30
Core Points - Hyperscale Data, Inc. has successfully paid 32 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, amounting to $0.2708333 per share per month [1] - The current yield on the Series D Preferred Stock is reported at 21.05% based on a closing price of $15.44 on February 11, 2025 [2] - The company is transitioning from a diversified holding company to solely owning and operating data centers to support high-performance computing services [3] Company Overview - Hyperscale Data owns and operates a data center for mining digital assets and providing colocation and hosting services, particularly for artificial intelligence ecosystems [3] - The company also offers mission-critical products through its subsidiary, Ault Capital Group, Inc., serving various industries including AI, gaming, defense, and medical [3] - Additionally, Hyperscale Data is engaged in private credit and structured finance through a licensed lending subsidiary [3]
Hyperscale Data Announces 19.2 Bitcoin Mined in January 2025
Globenewswire· 2025-02-07 11:30
Core Viewpoint - Hyperscale Data, Inc. is transitioning from a diversified holding company to a provider of high-performance computing services, focusing on AI solutions, while maintaining confidence in its Bitcoin mining operations [2][4]. Group 1: Bitcoin Mining Operations - In January 2025, the company's subsidiary Sentinum mined approximately 19.2 Bitcoin, generating a monthly mining revenue of about $1.9 million based on a Bitcoin price of approximately $97,000 [1]. - The company anticipates generating approximately $20 million in Bitcoin mining revenue for 2025, assuming the current Bitcoin price is maintained and the transition to HPC services is completed by September 2025 [2]. Group 2: Transition to High-Performance Computing - The transition to high-performance computing services is expected to be completed by the end of September 2025, which is seen as a strategic move to capitalize on future growth opportunities [2][4]. - The company plans to bring Bitcoin mining machines back online at its Montana location by the end of March 2025, which will enhance its mining activities during the transition period [2]. Group 3: Company Overview - Hyperscale Data operates a data center that mines digital assets and offers colocation and hosting services, supporting the emerging artificial intelligence ecosystem and other industries [4]. - The company is also involved in private credit and structured finance through a licensed lending subsidiary, diversifying its business operations [4].
Hyperscale Data Center Market to Reach US$ 177.58 Billion By 2032 | Astute Analytica
GlobeNewswire News Room· 2025-02-06 12:05
Core Insights - The global hyperscale data center market is projected to reach a valuation of US$ 177.58 billion by 2032, with a compound annual growth rate (CAGR) of 5.3% from 2024 to 2032 [1] - The market is significantly driven by colocation providers, which lease real estate space to cloud service companies, facilitating rapid development of cloud regions globally [2] - The demand for big data technologies is escalating, with global data expected to reach 175 zettabytes by 2023, necessitating extensive infrastructure for storage and processing [4] Market Dynamics - The hyperscale data center market is experiencing unprecedented growth due to increasing requirements for data processing and storage [6] - The IT infrastructure market is anticipated to generate US$ 95.95 billion by 2032, indicating its critical role in supporting hyperscale data centers [7] - The global server market shipments reached 14 million units in the first half of 2023, contributing to the growth of hyperscale facilities [7] Technological Advancements - The construction of submarine cables by major tech companies is transforming data transmission methods, enhancing connectivity between regions [3] - The rise of AI and machine learning is driving hyperscale operators to integrate advanced technologies like quantum computing and edge computing into their infrastructures [4] - The market for power management solutions for data centers is valued at US$ 19 billion in 2023, reflecting a shift towards eco-friendly and power-efficient options [8] Industry Investment - The healthcare sector is projected to invest over US$ 15 billion annually in data analytics by 2025, highlighting the importance of hyperscale data centers in various industries [4] - The banking industry is expected to allocate upwards of US$ 50 billion on cloud infrastructure over the next five years, underscoring the critical role of hyperscale data centers [5] - Major internet companies are investing heavily in submarine cable projects to enhance global data transmission capabilities [3] Regional Developments - New hyperscale facilities are emerging in regions like South Asia and Latin America, promoting globalization and digital development [2] - The hyperscale data center market is expanding globally, with significant investments in infrastructure to meet the growing demand for cloud computing and data storage [5]
Hyperscale Data Announces 31 Consecutive Monthly Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
Globenewswire· 2025-01-28 11:30
Core Viewpoint - Hyperscale Data, Inc. has successfully paid 31 consecutive monthly cash dividends on its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, demonstrating its commitment to delivering consistent value to stockholders [1][2]. Company Overview - Hyperscale Data is transitioning from a diversified holding company focused on acquiring undervalued businesses and disruptive technologies to becoming solely an owner and operator of data centers that support high-performance computing services [3]. - The company owns and operates a data center for mining digital assets and offers colocation and hosting services for emerging artificial intelligence ecosystems and other industries [3]. - Through its subsidiary, Ault Capital Group, Inc., the company provides mission-critical products across various sectors, including artificial intelligence, social gaming, defense/aerospace, and medical/biopharma [3]. - Hyperscale Data is also engaged in private credit and structured finance through a licensed lending subsidiary [3].
Ault & Company, Inc. Announces an Increased Majority Stake in Hyperscale Data, Inc.
Newsfilter· 2025-01-07 11:30
Core Insights - Ault & Company has increased its controlling stake in Hyperscale Data, Inc., which is transitioning to focus solely on data center operations for high-performance computing services [1] - The acquisition reflects Ault & Company's commitment to investing in emerging technologies that shape the future of data infrastructure [1] Ownership Details - As of January 3, 2025, Ault & Company beneficially owned 13,900,765 shares of Hyperscale Data's Class A Common stock, representing 91.7% ownership [2] - This ownership includes various shares from Class B Common, Series C Preferred, Series G Preferred, and outstanding warrants [2] Strategic Vision - The increase in stake aligns with Ault & Company's strategic vision to expand its presence in the data technology sector [3] - Ault & Company aims to enhance Hyperscale Data's capabilities and service offerings through this acquisition [3] Regulatory Filings - Further details regarding Ault & Company's ownership of Hyperscale Data can be found in the Schedule 13D/A Amendment No. 9 filed with the U.S. Securities and Exchange Commission on January 6, 2025 [4]
Ault & Company, Inc. Announces an Increased Majority Stake in Hyperscale Data, Inc.
GlobeNewswire News Room· 2025-01-07 11:30
Company Overview - Ault & Company has increased its controlling stake in Hyperscale Data, a company transitioning to focus solely on owning and operating data centers to support high-performance computing services [1] - Hyperscale Data is publicly traded on the NYSE American under the symbol GPUS [1] - Ault & Company's principal business is investing in securities, and it is actively enhancing its portfolio with investments in high-potential technology-driven enterprises [5][3] Ownership Details - As of January 3, 2025, Ault & Company beneficially owned 13,900,765 shares of Hyperscale Data's Class A Common stock, representing 91.7% ownership [2] - The ownership includes shares from Class A Common, Class B Common, Series C Preferred, Series G Preferred, and outstanding warrants [2] - The increased ownership resulted from receiving Class B Common as a dividend and recent purchases of Preferred Shares [2] Strategic Vision - The increased stake aligns with Ault & Company's strategic vision to expand its footprint in the data technology sector [3] - The company aims to contribute to Hyperscale Data's growth and leverage its resources to enhance capabilities in delivering data solutions [3] - Hyperscale Data is expected to broaden its service offerings under Ault & Company's strategic guidance [3] Regulatory and Informational Notes - Further details on Ault & Company's ownership of Hyperscale Data can be found in the Schedule 13D/A Amendment No. 9 filed with the U.S. Securities and Exchange Commission on January 6, 2025 [4] - The press release is for informational purposes only and does not constitute an offer to buy or sell securities [6]
Hyperscale Data Subsidiary, Alliance Cloud Services, Signs Multi-Year Agreement in Support of an Artificial Intelligence Implementation Within its Michigan Data Center
Newsfilter· 2025-01-06 11:30
Core Insights - Hyperscale Data, Inc. has signed a three-year agreement with a Silicon Valley cloud services provider for space, power, and connectivity in its Michigan Data Center, starting with seven server cabinets and the potential to add five more [1][2] - The company aims to develop its data center business to over 300 megawatts of power capacity in the next four years, transitioning to a pure-play data center operator [2][4] Company Overview - Hyperscale Data is shifting from a diversified holding company to solely owning and operating data centers that support high-performance computing services [4] - The company operates a data center for digital asset mining and offers colocation and hosting services, particularly for artificial intelligence ecosystems and other industries [4]
Ault & Company, Inc. Announces Abandonment of Dutch Tender Offer to Acquire Shares of Common Stock of Hyperscale Data, Inc.
Globenewswire· 2025-01-02 21:30
Group 1 - Ault & Company has abandoned its planned cash tender offer to purchase up to 111,000 shares of Class A Common Stock of Hyperscale Data, Inc. to pursue a securities purchase agreement [1] - The company has the right to purchase up to $25 million in shares of Hyperscale Data's Series G Convertible Preferred Stock [1] - Ault & Company believes the current stock price of Hyperscale Data's Common Stock is below its long-term intrinsic value [2] Group 2 - Ault & Company may consider revisiting a tender offer after completing the purchase of the Preferred Shares, subject to board and regulatory approvals [2] - Ault & Company and its affiliates own approximately 91.7% of Hyperscale Data's outstanding shares of Common Stock [3] - The principal business of Ault & Company is investing in securities [3]
Hyperscale Data Completes $50 Million of the Aggregate $75 Million Preferred Equity Investment from Ault & Company
Newsfilter· 2024-12-26 11:30
LAS VEGAS, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced the completion of a $50 million preferred equity investment, whereby the Company sold that dollar amount through the issuance to Ault & Company, Inc. ("Ault and Company") of 50,000 shares of Series C Convertible Preferred Stock (the "Series C Shares"). Ault & Company has invested $50 million through multiple closings over the past thirteen (13) m ...
Hyperscale Data Completes $50 Million of the Aggregate $75 Million Preferred Equity Investment from Ault & Company
GlobeNewswire News Room· 2024-12-26 11:30
LAS VEGAS, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced the completion of a $50 million preferred equity investment, whereby the Company sold that dollar amount through the issuance to Ault & Company, Inc. (“Ault and Company”) of 50,000 shares of Series C Convertible Preferred Stock (the “Series C Shares”). Ault & Company has invested $50 million through multiple closings over the past thirt ...