Hyperscale Data, Inc. (NYSEAMERICAN:GPUS – Get Free Report) Chairman Milton Ault III acquired 107,999 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were purchased at an average cost of $0.25 per share, for a total transaction of $26,999.75. Following the completion of the transaction, the chairman owned 402,500 shares in the company, valued at approximately $100,625. This represents a 36.67% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Hyperscale Data Stock Performance
Shares of Hyperscale Data stock opened at $0.20 on Thursday. Hyperscale Data, Inc. has a 12 month low of $0.19 and a 12 month high of $3.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.57 and a quick ratio of 0.54. The business has a fifty day simple moving average of $0.73 and a two-hundred day simple moving average of $0.81.
Hyperscale Data (NYSEAMERICAN:GPUS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. The company had revenue of $34.84 million during the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.
Institutional Investors Weigh In On Hyperscale Data
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd bought a new position in shares of Hyperscale Data during the 2nd quarter valued at $47,000. LPL Financial LLC bought a new stake in shares of Hyperscale Data in the fourth quarter worth $73,000. Virtu Financial LLC purchased a new stake in Hyperscale Data during the fourth quarter valued at $152,000. State Street Corp purchased a new stake in Hyperscale Data during the fourth quarter valued at $335,000. Finally, Geode Capital Management LLC lifted its holdings in Hyperscale Data by 2,029.5% in the fourth quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock valued at $639,000 after acquiring an additional 3,319,363 shares during the period. Hedge funds and other institutional investors own 41.05% of the company’s stock.
Hyperscale Data News Summary
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.
Hyperscale Data Company Profile
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.
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