Hyperscale Data (NYSEAMERICAN:GPUS) CEO William Horne Purchases 100,000 Shares

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) CEO William Horne purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average price of $0.20 per share, for a total transaction of $20,000.00. Following the purchase, the chief executive officer owned 140,000 shares in the company, valued at $28,000. The trade was a 250.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hyperscale Data Stock Performance

NYSEAMERICAN GPUS opened at $0.20 on Thursday. Hyperscale Data, Inc. has a twelve month low of $0.19 and a twelve month high of $3.65. The stock has a 50-day simple moving average of $0.73 and a 200 day simple moving average of $0.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.57 and a quick ratio of 0.54.

Hyperscale Data (NYSEAMERICAN:GPUS) last announced its earnings results on Wednesday, August 19th. The company reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $34.84 million for the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.

Hyperscale Data declared that its board has initiated a stock repurchase program on Tuesday, May 26th that authorizes the company to buyback $5.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 6.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Hyperscale Data

A number of institutional investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new position in Hyperscale Data during the second quarter valued at about $47,000. LPL Financial LLC bought a new stake in shares of Hyperscale Data in the 4th quarter worth approximately $73,000. Virtu Financial LLC acquired a new stake in shares of Hyperscale Data during the 4th quarter worth approximately $152,000. State Street Corp acquired a new stake in shares of Hyperscale Data during the 4th quarter worth approximately $335,000. Finally, Geode Capital Management LLC increased its position in shares of Hyperscale Data by 2,029.5% during the fourth quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock valued at $639,000 after purchasing an additional 3,319,363 shares during the period. 41.05% of the stock is owned by institutional investors and hedge funds.

More Hyperscale Data News

Here are the key news stories impacting Hyperscale Data this week:

• Positive Sentiment: Hyperscale Data said it has ceased Bitcoin mining operations at its Michigan facility to prepare the site for a previously announced AI data center master services agreement. The agreement is expected to generate approximately $1.2 billion, with potential expansion to roughly $3 billion, if the customer deployment proceeds as planned. Hyperscale Data Has Ceased Bitcoin Mining Operations in Michigan
• Positive Sentiment: Chairman Milton C. Ault III bought 42,000 shares at an average of $0.23 and 107,999 shares at $0.25 across September 1–2. CEO William B. Horne also purchased 100,000 shares at $0.20, increasing his position by 250%. The insider buying may signal management’s confidence in the company’s depressed valuation. Recent Hyperscale Data Insider Purchases
• Positive Sentiment: The company highlighted 647% growth in second-quarter blockchain-related revenue, contributing to a 44% increase in quarterly gross profit. First-half revenue rose 55%, while gross profit increased 109%. Hyperscale Data Highlights Blockchain Software Revenue Growth
• Neutral Sentiment: Hyperscale Data reported holding approximately 215 Bitcoin worth $16.7 million after selling about 65 Bitcoin for roughly $5.1 million. The sales provide liquidity but reduce exposure to potential Bitcoin appreciation. Hyperscale Data Bitcoin Treasury Update
• Negative Sentiment: The AI agreement remains an expected opportunity rather than reported revenue, and shutting down Michigan mining removes an existing operating activity while the facility is converted. The company also remains unprofitable, with recent quarterly EPS of negative $0.25, a negative 71.03% net margin, and current and quick ratios below 1.0, underscoring liquidity concerns.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.