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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Monday plans to distribute a special one-time dividend of 20 million shares of its Class B Common Stock to eligible shareholders. The announcement comes as the company faces significant financial challenges, with InvestingPro data showing a net loss of $58.36 million in the last twelve months and a concerning debt-to-equity ratio of 20.71x.
The record date for the distribution is set for October 6, 2025, with payment expected on October 31, 2025, subject to adjustment. Shareholders who own the company’s Common Stock and Preferred Stock at the close of trading on the record date will be eligible to receive the shares.
Based on current outstanding shares, stockholders will receive approximately 0.0877268 shares of Class B Common Stock for each share of eligible capital stock they hold. This ratio may decrease if additional eligible shares are issued before the record date.
The Class B Common Stock carries ten times the voting power of Class A Common Stock but is otherwise identical. These shares are convertible to Class A Common Stock on a one-for-one basis at any time after the payment date. The company will pay cash in lieu of fractional shares.
Currently, there is no public trading market for the Class B Common Stock, though the company indicated it may seek a NYSE American listing in the future. The distribution has been approved by the NYSE American.
Hyperscale Data operates data centers for cryptocurrency mining and colocation services through its subsidiary Sentinum, Inc. The company also owns Ault Capital Group, a diversified holding company that Hyperscale plans to divest in the first quarter of 2026.
The information in this article is based on a press release statement from Hyperscale Data.
In other recent news, Hyperscale Data, Inc. announced significant developments in its Bitcoin holdings and strategic initiatives. The company revealed that its Bitcoin treasury has increased to approximately $8 million, representing 34% of its public float. This move is part of a broader $100 million Bitcoin treasury strategy, which marks a transformation into an artificial intelligence data center and digital asset company. Funding for this initiative will come from selling the company’s Montana data center assets and capital raised through an at-the-market equity program. Additionally, Hyperscale Data is expanding its Michigan campus, utilizing NVIDIA GPU servers to enhance AI and high-performance computing capabilities.
In another development, the company’s askROI app has surpassed one million downloads across major platforms, offering AI-driven tools for financial analysis and business productivity. Hyperscale Data’s subsidiary, Sentinum, Inc., also plays a role in the Bitcoin strategy by holding $2 million in Bitcoin from its crypto mining operations. The company plans to continue its Bitcoin acquisitions using a dollar-cost averaging approach. These recent activities highlight Hyperscale Data’s commitment to integrating digital assets and advanced technology into its operations.
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