Hyperscale Data chairman says stock undervalued, plans purchases

Hyperscale Data, Inc. (GPUS), headquartered in Las Vegas, has released a statement from its Executive Chairman, Milton Todd Ault III. The chairman has expressed his belief that the company's stock is undervalued and intends to acquire additional shares on the open market, subject to applicable laws and regulations. Hyperscale Data operates a data center in Michigan, supplying 20 megawatts of capacity to a neocloud provider in California under a 10-year master services agreement with two five-year extension options.

If all options are exercised, the contract could generate over $3 billion in revenue. The company also operates in various sectors, including defense, crane rental, industrial services, lending and trading, and hotel and real estate. Preliminary guidance for 2027 projects consolidated revenue between $300 million and $350 million, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) between $60 million and $80 million.

Ault owns a majority of Hyperscale Data's shares, both directly and through affiliated entities. The company plans to divest its ACG subsidiary in 2027 through a voluntary exchange of Series F Preferred Stock for shares of ACG's Class A and Class B Common Stock.