Company Overview - Hyperscale Data, Inc. (NYSEAM:GPUS) is headquartered in Las Vegas, Nevada, and operates AI-focused data center infrastructure anchored by Bitcoin holdings while maintaining diversified investments through its subsidiaries [4]. Strategic Initiatives - The company announced a strategic silver reserve program aimed at acquiring up to 100,000 ounces of silver over time, funded by existing capital and liquidity sources, aligning with its long-term asset accumulation strategy [2]. - The silver purchases will be executed gradually using a dollar-cost averaging approach, similar to the company's strategy for accumulating Bitcoin, allowing for opportunistic asset acquisition while maintaining prudent capital management [2]. Financial Activities - On February 13, 2026, the company entered into an at-the-market sales agreement with Wilson-Davis & Co. to offer approximately $35.4 million of 13% Series D Cumulative Redeemable Perpetual Preferred Stock [3]. - The majority of the proceeds from these sales will be used to acquire Bitcoin and potentially precious metals, while a smaller portion will support working capital and general corporate purposes, reflecting the company's intention to deepen its exposure to digital assets [3].
Hyperscale Data, Inc. (GPUS) Plans Strategic Silver Reserve Program