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]

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]

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]

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]

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 ...

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 ...

LAS VEGAS, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), announced that it was notified today by the NYSE American that due to the Company’s disclosure in its Form 10-Q filed for the fiscal period ended September 30, 2024, which reported stockholders’ equity of approximately $2.2 million, it no longer meets the requirement that it must have no less than $6 million or more in stockholders’ equity pursuant to ...

LAS VEGAS, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), announced today that it has entered into a Securities Purchase Agreement (the "Agreement") providing for up to $25 million of financing (the "Financing") from Ault & Company, Inc., a related party ("A&C"). Pursuant to the Agreement, Hyperscale Data has agreed to issue and sell to A&C up to $25 million in shares of Series G Convertible Preferred Stock (the "Prefe ...

LAS VEGAS, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data," or the "Company"), today announced an update from its wholly owned subsidiary Alliance Cloud Services, LLC ("ACS"). ACS mined approximately 20 Bitcoin during November 2024 resulting in an annualized run rate of approximately $26 million in gross Bitcoin mining revenue. This approximate gross Bitcoin mining revenue figure is based upon a Bitcoin price of $106,000. Hyperscale Data ...

LAS VEGAS, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data," or the "Company"), today announced that its wholly owned indirect subsidiary, Third Avenue Apartments LLC, has completed the sale of its St. Petersburg development property (the "Property") for $13 million. This sale reflects the Company's ongoing commitment to reorganizing its holdings and becoming a pureplay data center business to support the growing demands of high-performanc ...