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LAS VEGAS, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) mined approximately 19.2 Bitcoin in the month of January 2025, which were mined at the Company's data center in Michigan (the “Data Center”). The January monthly mining run rate of approximately $1.9 million in Bitcoin mining revenue is based upon a current Bitcoin price of approximately $97,000.
Hyperscale Data Center Market Growth is Propelled by Colocation Providers and Globalization, Adoption of AI and Machine Learning, and Big Data and Cloud Computing Demand. Hyperscale Data Center Market Growth is Propelled by Colocation Providers and Globalization, Adoption of AI and Machine Learning, and Big Data and Cloud Computing Demand.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / January 29, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, is issuing this news release to advise its shareholders that the Company has been subject to a continuous disclosure review by the British Columbia Securities Commission. In connection therewith, the Company has filed a material change report and an amended and restated management's discussion and analysis ("MD&A") for the six (6) months period ended March 31, 2024, to clarify its disclosure.
VANCOUVER, BC / ACCESS Newswire / January 29, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ)("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, announces that the filing of its audited annual financial statements for the year ended September 30, 2024, including the related management discussion and analysis, and Chief Executive Officer and Chief Financial certifications (collectively, the "Annual Financial Filings") were not filed by the required filing deadline of January 28, 2025 (the "Filing Deadline"). The Annual Financial Filings will not be filed before the Filing Deadline due to various unforeseen delays in the completion of the Company's audit of the Annual Financial Filings.
Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock; Defers Series E
LAS VEGAS, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Ault & Company, Inc. (“Ault & Company”), today announced that it has increased its controlling stake in Hyperscale Data, Inc. (“Hyperscale Data”), a diversified holding company transitioning to becoming solely an owner and operator of data centers to support high performance computing services. Hyperscale Data trades publicly on the NYSE American under the symbol GPUS.
Hyperscale Data Subsidiary, Alliance Cloud Services, Signs Multi-Year Agreement Supporting Artificial Intelligence Implementation at Michigan Data Center
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 Ault & Company to pursue transactions under the recently executed securities purchase agreement with Hyperscale Data, pursuant to which Ault & Company has the right to purchase up to $25 million in shares of Hyperscale Data's Series G Convertible Preferred Stock in compliance with the federal securities laws. Ault & Company continues to believe that the current stock price of the Common Stock is below Hyperdrive Data's long-term intrinsic value per share and believes that an investment in the Preferred Shares demonstrates the continued commitment of Ault & Company to supporting Hyperscale Data and its stockholders.
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 thirteen (13) months.
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 the listing standard set forth under Section 1003(a)(ii) and (iii) of the NYSE American Company Guide (the “Listing Standards”) because the Company has reported losses from continuing operations and/or net losses in five of its most recent fiscal years ended December 31, 2023. Under the applicable NYSE American listing rules, the Company must by January 17, 2025 submit a compliance plan that demonstrates how it intends to regain compliance with the Listing Standards within 18 months of the receipt of the notice, or June 18, 2026.
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