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Hyperscale Stock Surges 33% After-Hours As Investors Cheer Bitcoin Mining Fleet Upgrade, Nvidia GPU Cloud Launch - Hyperscale Data (AMEX:GPUS)
Benzinga· 2025-10-28 05:18
Core Insights - Hyperscale Data, Inc. shares surged 33% in after-hours trading due to optimism about launching Nvidia's GPU cloud platform [1][2] - The company operates data centers for Bitcoin mining and AI ecosystems, planning to launch the on-demand NVIDIA GPU cloud platform from its Michigan campus [2][3] Company Developments - The service will provide instant access to high-end NVIDIA GPUs, including the H100, B200, and B300, designed for high-performance computing [3] - Hyperscale received Bitmain S21+ mining units and placed a new order for an additional 1,000 units, which are noted for their energy efficiency and superior hashrate performance [4] Stock Performance - Hyperscale shares closed 24.48% higher at $0.4979 during regular trading and jumped 33% in after-hours trading, despite a year-to-date decline of 90% [5] - The company's growth ranking is noted as the strongest category at 18.33/100 according to Benzinga's proprietary Edge Rankings [5]
AMZN, SOFI, GPUS, CLS, QCOM: 5 Trending Stocks Today - Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-10-28 02:18
Market Overview - Major U.S. indexes closed higher, with the Dow Jones Industrial Average rising 0.7% to 47,544.59, the S&P 500 climbing 1.23% to 6,875.16, and the Nasdaq advancing nearly 1.9% to 23,637.45 [1] Amazon - Amazon announced plans to cut up to 30,000 corporate jobs, marking the largest layoff in its history, aimed at streamlining operations after a hiring surge during the pandemic [2] - Amazon's stock rose by 1.23% to close at $226.97, reaching an intraday high of $228.40 and a low of $225.54, with a 52-week range between $161.43 and $242.52 [1] SoFi Technologies Inc. - SoFi's shares surged 3.41% to close at $30, hitting a high of $30.20 and a low of $29.27, trading near its 52-week high of $30.30, with a low of $8.62 [3] - SoFi is set to release its third-quarter earnings on Tuesday after market close, with expectations of $0.08 per share on $689 million in revenue [3] Hyperscale Data Inc. - Hyperscale Data's stock soared 24.48% to $0.50, with an intraday high of $0.50 and a low of $0.40, and in after-hours trading, the stock shot up 33.7% to $0.67 [4] - The company announced the upgrade of its Bitcoin mining fleet with 1,000 new Bitmain Antminer S21+ units, enhancing its Michigan data center capabilities [5] Celestica Inc. - Celestica's shares increased by 1.75% to $301.82, with a high of $314.29 and a low of $301.69, and in after-hours trading, the stock rose 10% to $332 [6] - Celestica reported strong third-quarter earnings, beating expectations with $1.58 per share and raising its fiscal 2025 outlook, with quarterly revenue at $3.19 billion, exceeding the Street estimate of $3.01 billion [6] Qualcomm Technologies Inc. - Qualcomm's stock jumped 11.09% to close at $187.68, reaching a high of $205.95 and a low of $168.82, with a 52-week range of $120.80 to $205.95 [7] - The company unveiled its new AI chips, the AI200 and AI250, designed for data centers, enhancing its position in the AI technology market [7]
Hyperscale Data to Launch On-Demand NVIDIA GPU Cloud from Michigan AI Campus
Prnewswire· 2025-10-23 10:00
Core Viewpoint - Hyperscale Data, Inc. plans to launch an on-demand NVIDIA GPU cloud platform to provide flexible access to advanced GPUs, enhancing AI and high-performance computing capabilities for various customers [1][2][3]. Company Overview - Hyperscale Data is a diversified holding company focused on Bitcoin and operates a data center in Michigan through its subsidiary Alliance Cloud Services, LLC [1][7]. - The Michigan Facility spans over 600,000 square feet and is designed for high-density computing with sustainable energy management [4]. Service Launch - The new GPU cloud platform is expected to launch in the first half of 2026, allowing enterprises, developers, and researchers to access GPU resources for AI training, inference, and large-scale data analytics [3]. - Customers will have the ability to start with individual GPU instances and scale up to full clusters as needed [3]. Strategic Goals - The CEO of Hyperscale Data emphasized the mission to democratize access to high-performance computing, enabling innovation across various sectors, from startups to Fortune 500 companies [5]. - The Executive Chairman highlighted the creation of a compute marketplace that is immediate, elastic, and powerful, with plans for additional customer announcements and partnerships [6]. Future Developments - The company anticipates the divestiture of its subsidiary Ault Capital Group, Inc. in the second quarter of 2026, which will allow it to focus on data center operations and high-performance computing services [8].
Hyperscale Data Regains Compliance with NYSE American Continued Listing Standards
Prnewswire· 2025-10-22 10:30
Core Points - Hyperscale Data, Inc. has regained compliance with NYSE American's continued listing standards related to stockholders' equity for two consecutive quarters [1][2] - The company was previously notified of non-compliance due to deficiencies in stockholders' equity and was given until June 18, 2026, to demonstrate improvement [2] - The ".BC" designation will be removed from the "GPUS" trading symbol, and the company will no longer be listed as a noncompliant issuer [2] Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on digital asset mining and colocation services for AI ecosystems [5] - The company is pursuing growth through its other subsidiary, Ault Capital Group, Inc. (ACG), which aims to acquire undervalued businesses and disruptive technologies [5] - ACG is involved in various industries, including AI software, social gaming, defense/aerospace, and private credit [6] Future Plans - The divestiture of ACG is expected to occur in the second quarter of 2026, allowing Hyperscale Data to focus on high-performance computing services and digital asset holdings [6][7] - Stockholders holding Series F Preferred Stock will have the opportunity to exchange their shares for Class A and Class B Common Stock of ACG during the divestiture [7]
Alset AI Announces Expiry of Warrant Exercise Incentive Program
Accessnewswire· 2025-10-21 21:00
Company Update - Alset AI Ventures Inc. announced the expiry of its early warrant exercise incentive program, which was designed to encourage the early exercise of up to 19,999,993 outstanding common share purchase warrants held by Warrantholders [1] - The Incentive Program expired on September 26, 2025, and no Eligible Warrants were issued during this period [1] Company Overview - Alset AI is an AI-focused venture investment platform that aims to source, fund, and develop companies across the artificial intelligence value chain [2] - The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies [2]
Hyperscale Data Bitcoin Treasury Climbs to $60 Million
Prnewswire· 2025-10-21 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $60 million, representing about 66% of its market capitalization as of October 20, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - Sentinum, a wholly owned subsidiary, holds approximately 150.2189 Bitcoin, valued at around $16.3 million based on the Bitcoin price of $108,666 on October 19, 2025 [2] - The Bitcoin holdings consist of 32.6321 Bitcoin from mining operations and 117.5868 Bitcoin acquired from the open market, including 15.8800 Bitcoin purchased in the week ending October 19, 2025 [2] Cash Allocation and Strategy - Hyperscale Data has allocated $43.7 million in cash for Sentinum to invest in open-market Bitcoin purchases [3] - The company employs a disciplined dollar-cost averaging strategy to mitigate short-term market volatility while building its long-term reserve position [3][4] Market Approach - The company targets investing at least 5% of allocated cash each week, with daily purchases varying based on market conditions [4] - Weekly reports detailing Bitcoin holdings will be issued every Tuesday morning as the company progresses towards its $100 million digital asset treasury target [5] Future Plans - The company expects to divest Ault Capital Group in the second quarter of 2026, focusing on data center operations and digital asset holdings post-divestiture [7] - Until the divestiture, the company will continue to provide mission-critical products across various industries, including AI, gaming, and medical sectors [7]
Alset AI Announces Strategic $3 Million Unsecured Term Loan Facility to Advance Flagship Cloud Compute Business Towards Positive Operating Income in 2026
Accessnewswire· 2025-10-17 11:30
Core Insights - Alset AI Ventures Inc. is entering into a non-revolving term loan agreement for up to $3,000,000 to enhance its balance sheet and support revenue growth initiatives [1] Group 1: Financial Strategy - The company is securing an unsecured loan agreement with Mr. Randy Gilling as the lender [1] - The principal amount of the loan is set at $3,000,000 [1] Group 2: Business Focus - Alset AI is focused on advancing innovation through strategic investment and cloud computing solutions [1]
Hyperscale Data Takes Delivery of 1,000 Bitmain Antminer S21+ Units and Orders an Additional 1,000 Units
Prnewswire· 2025-10-16 10:00
Core Insights - Hyperscale Data, Inc. has received 1,000 Bitmain S21+ miners at its Michigan Data Center and placed a new order for an additional 1,000 units, enhancing its Bitcoin mining capabilities [1][3] Group 1: Company Developments - The Bitmain S21+ miners are noted for their energy efficiency and superior hashrate performance compared to the older S19J Pro miners, aligning with the company's strategy to optimize its digital infrastructure [2] - The newly delivered miners are expected to be operational within a week, with the additional units scheduled for delivery later in the month, which will increase the company's aggregate hashrate [3] Group 2: Strategic Outlook - The Executive Chairman of Hyperscale Data emphasized that the S21+ miners are crucial for improving productivity and mining efficiency, reflecting confidence in the technology and long-term value of Bitcoin mining [3] - The company is positioning itself as a significant player in the Bitcoin mining industry through these enhancements [3] Group 3: Business Structure - Hyperscale Data operates through its subsidiary Sentinum, Inc., which focuses on mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [5] - The company plans to divest Ault Capital Group, Inc. in the second quarter of 2026, which will allow it to focus on high-performance computing services and digital asset holdings [6]
Hyperscale Data Progresses Toward 100% Bitcoin Pairing as Digital Asset Treasury Climbs to $54 Million
Prnewswire· 2025-10-14 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $54 million, representing about 59% of its market capitalization as of October 13, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds approximately 130.7807 Bitcoin, valued at around $15.1 million based on the Bitcoin price of $115,170 on October 12, 2025 [2] - Sentinum's Bitcoin holdings consist of 29.0739 Bitcoin from mining operations and 101.7068 Bitcoin acquired from the open market, including 36.7950 Bitcoin purchased in the week ending October 12, 2025 [2] Investment Strategy - Hyperscale Data has allocated $38.9 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy to mitigate short-term market volatility [3][4] - The company targets investing at least 5% of allocated cash weekly, with actual amounts varying based on market conditions [4] Growth and Reporting - Both open-market purchases and self-mined Bitcoin contribute to the growth of the digital asset treasury position [5] - Hyperscale Data will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [5] Future Plans - The company expects to divest Ault Capital Group, Inc. in the second quarter of 2026, focusing on data center operations and digital asset holdings post-divestiture [7] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG [8]
Hyperscale Data Reduces Debt by $30 Million, Strengthening Capital Structure to Advance AI and Bitcoin Operations
Prnewswire· 2025-10-09 10:00
Core Viewpoint - Hyperscale Data, Inc. has successfully reduced its outstanding consolidated non-affiliated debt by approximately $30 million year-to-date, enhancing its capital structure and financial flexibility for expansion in AI and Bitcoin data center operations [1][2]. Financial Performance - The $30 million debt reduction was achieved through repayments and debt conversions, significantly lowering leverage and strengthening liquidity, which allows the company to pursue growth capital on favorable terms [2]. - This accomplishment aligns with the company's goal of building a financially resilient platform capable of funding large-scale infrastructure while delivering long-term value to stockholders [2]. Strategic Initiatives - The debt reduction supports the expansion of the Michigan campus, which is designed to accommodate enterprise-grade AI workloads and high-efficiency Bitcoin mining operations [3]. - The company plans to increase power capacity at the Michigan facility from approximately 30 megawatts (MW) to about 70 MW by the second quarter of 2027, with potential expansion to approximately 340 MW, subject to various agreements and funding [3]. Equipment Upgrades - Hyperscale Data has ordered 1,000 new Bitmain Antminer S21+ units for the Michigan facility as part of a multi-phase upgrade program, aiming to replace older miners with current-generation models that provide over double the hash rate per unit of power consumed [4]. - The company plans to install up to 5,000 S21+ miners across approximately 20 MW of capacity, significantly enhancing operational efficiency and Bitcoin output [4]. Digital Asset Strategy - The company continues to hold all Bitcoin earned from its mining operations as part of its digital asset treasury strategy and plans to supplement these holdings through regular open-market acquisitions, targeting a $100 million Bitcoin treasury [5]. Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on mining digital assets and providing colocation and hosting services for AI ecosystems [7]. - The company is also pursuing growth through its other subsidiary, Ault Capital Group, Inc., which focuses on acquiring undervalued businesses and disruptive technologies [7].