Hyperscale Data

Las Vegas – November 10, 2026 -- Hyperscale Data (NYSE American: GPUS) plans an exchange offer for up to 192,307,692 Class A common shares at an implied $0.26 per share, an 82% premium to the November 6 close of $0.1429.

Each 100 common shares convert into $2.00 in cash and one 12% preferred share

Holders can tender blocks of 100 shares for one unit. Each unit consists of $2.00 in cash and one preferred share with a $24.00 stated value. The preferred stock carries an annual dividend of 12.00%.

The offer requires holders to tender at least 100 million common shares.

Hyperscale Data targets a November 17 launch and a NYSE American listing for the preferred

The AI data center operator expects to launch the offer around November 17, 2026. Launch remains subject to board approval, regulatory approval and customary closing conditions. Terms will be set out in an Offer to Exchange filed with the U.S. Securities and Exchange Commission.

Las Vegas – September 25, 2026 -- Ault & Company, Inc. has invested $55 million directly into Hyperscale Data, Inc. through convertible preferred stock purchases, building a beneficial ownership stake of approximately 62% in the NYSE American-listed company.

Ault & Company files 13D amendment disclosing 62% stake in Hyperscale Data

The $55 million figure excludes additional funds spent by Ault & Company and its affiliates on Hyperscale Data common stock through open market purchases. Details of the ownership position appear in Schedule 13D/A Amendment No. 19, filed with the U.S. Securities and Exchange Commission on September 15, 2026.

Las Vegas – September 22, 2026 -- Hyperscale Data, Inc. (NYSE American: GPUS) is moving to spin off its Bitcoin mining operations into a new subsidiary, Patriot BTC, separating the business from the company's Michigan AI data center strategy.

Patriot BTC would initially hold Montana data center and mining fleet

Under the proposed structure, Hyperscale Data intends to transfer all operating assets tied to its cryptocurrency mining business to Patriot BTC. These include the company's Montana data center and related infrastructure, along with its Bitcoin miners, mining equipment and associated mining infrastructure.