LAS VEGAS, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Ault & Company, Inc. (“Ault & Company”), today announced its abandonment of its planned cash tender offer to purchase up to 111,000 shares of Class A Common Stock, $0.001 par value per share (“Common Stock”), of Hyperscale Data, Inc., a Delaware corporation (“Hyperscale Data”), at a price not greater than $10.00 nor less than $7.50 per share of Common Stock, net to the seller in cash, less any applicable withholding taxes and without interest, in order to enable ...

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 ...

Dublin, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The "Data Center Colocation Services in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares. Operators of data center colocation services enjoyed strong demand for ...

Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The "Hyperscale Edge Computing Market Opportunities and Strategies to 2033" report has been added to ResearchAndMarkets.com's offering.This report describes and explains the hyperscale edge computing market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region. The global hyperscale edge computing market reached a value of ...

LAS VEGAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirect subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has secured $3.9 million in new defense contracts through its power electronics division Digital Power Corporation (“DPC”). The agreements encompass the production and integration of defense-grade power conversion modules, tactical power switching and charging systems, and ...