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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), a technology company whose stock has declined over 90% in the past year according to InvestingPro data, announced Wednesday that its Board of Directors has declared monthly cash dividends for two series of its preferred stock.
The company will pay $0.2708333 per share for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock and $0.20833 per share for its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock. For both series, the record date is July 31, 2025, with payment scheduled for August 11, 2025. While the company maintains these preferred dividend payments, InvestingPro analysis shows the company currently operates with a significant debt burden of $120 million and faces challenges with cash flow management.
Hyperscale Data operates as a diversified holding company through its wholly owned subsidiary Sentinum, Inc., which runs a data center for digital asset mining and colocation services for artificial intelligence ecosystems. The company also owns Ault Capital Group, Inc. (ACG), which it plans to divest around December 31, 2025. Financial metrics from InvestingPro indicate the company’s revenue declined 34% in the last twelve months, with a concerning current ratio of 0.28, suggesting potential liquidity challenges.
Following the planned divestiture, Hyperscale Data would focus solely on operating data centers to support high-performance computing services, though it may continue activities in the digital asset space.
In December 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders and Series C Convertible Preferred Stock holders. The divestiture will occur through voluntary exchange of these Series F shares for ACG shares.
The information in this article is based on a press release statement from Hyperscale Data.
In other recent news, Hyperscale Data, Inc. announced that its subsidiary askROI’s mobile application has surpassed 590,000 cumulative downloads. The company also revealed a significant reduction in debt by over $20 million, which is part of its strategy to focus on developing its 617,000-square-foot data center in Michigan into an AI infrastructure hub. Additionally, Hyperscale Data has completed 36 consecutive monthly cash dividend payments for its Series D Cumulative Redeemable Perpetual Preferred Stock. The company plans to launch a tokenization platform called StableShare in the first quarter of 2026, aimed at broker-dealers and institutional investors. Furthermore, Hyperscale Data disclosed a series of unregistered stock issuances and conversions, including the issuance of 1,117,133 shares of Class A Common Stock following the conversion of Series B Convertible Preferred Stock. The company also issued 427,565 shares of Class A Common Stock after converting an outstanding convertible note. These developments are part of Hyperscale Data’s broader strategy to focus on high-performance computing services and divest its subsidiary, Ault Capital Group, by the end of 2025.
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