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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Friday that the company is strengthening its commitment to a Bitcoin-anchored strategy, with Executive Chairman Milton "Todd" Ault III stating he "never wants to sell Bitcoin again." The announcement comes as GPUS shares trade near their 52-week low of $0.30, having fallen over 95% in the past year.
In a letter to stockholders, Ault outlined the company’s financial position, reporting estimated total assets of approximately $330 million ($1.02 per share) and net assets of approximately $150 million ($0.47 per share) as of October 31, 2025. The company’s combined cash and Bitcoin holdings were valued at approximately $122 million. According to InvestingPro data, Hyperscale operates with a significant debt burden of $114 million and a concerning Debt/Equity ratio of 20.71, which may impact its ability to execute its Bitcoin strategy.
Ault acknowledged past mistakes, specifically citing the decision to sell Bitcoin as his "biggest mistake" since 2011. "We plan on buying Bitcoin, mining Bitcoin, and holding Bitcoin indefinitely," Ault stated in the release, adding that the company aims to grow its Bitcoin holdings beyond $100 million.
The company recently expanded its mining operations with new Bitmain S21+ and S21 Pro Antminers and has been acquiring additional Bitcoin during recent price pullbacks as part of a dollar-cost averaging strategy.
Hyperscale Data also highlighted its Michigan AI Data Center campus, which currently provides approximately 30 megawatts of power capacity. The company plans to expand this to 70 megawatts over the next 20 months, with potential for further growth to 340 megawatts, subject to agreements with local utilities, regulatory approvals, and funding.
The company expects to divest its subsidiary Ault Capital Group in the second quarter of 2026, after which Hyperscale Data would focus on operating data centers and holding digital assets.
According to the statement, Ault’s family holding company is Hyperscale Data’s largest stockholder with approximately $55 million in preferred stock, and he plans to make additional investments in 2026.
The information was released through a company press release statement.
In other recent news, Hyperscale Data, Inc. has made significant strides in its operations and financial positioning. The company reported that its Bitcoin treasury has grown to 267.6862 Bitcoin, valued at approximately $75.25 million as of November 9. This increase includes 44.0994 Bitcoin generated from mining and 223.5868 Bitcoin acquired through open market purchases. Additionally, Hyperscale Data has successfully completed a $125 million at-the-market equity offering, selling over 255 million shares of Class A common stock. This move aims to bolster the company’s balance sheet and accelerate growth initiatives. The company also announced that its total assets amount to $330 million, equating to approximately $1.02 per share of Class A common stock. Meanwhile, its cash and Bitcoin holdings, totaling $122 million, represent a substantial portion of its market capitalization. Furthermore, Hyperscale Data has deployed over 4,000 new Bitmain Bitcoin miners, which are expected to enhance its Bitcoin production efficiency. These developments highlight the company’s ongoing efforts to strengthen its financial and operational capabilities.
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