Milton C. Ault III, serving as Executive Chairman and a director at Hyperscale Data, Inc. (NASDAQ:GPUS), has expanded his direct ownership stake in the firm. The transaction, filed on June 18, 2026, details the acquisition of 18,000 shares of Class A Common Stock, valued at $4,838. These shares were acquired through open market purchases at a volume-weighted average price of $0.2688 per share, with individual share costs ranging between $0.2525 and $0.3000. Post-transaction, Mr. Ault’s direct holding stands at 744,300 shares.
This insider activity occurs as GPUS shares trade at $0.36, demonstrating notable recent price action with gains of 32% over the last week and 54% over the past six months, per InvestingPro data. The company’s market capitalization is recorded at $174 million. Beyond his direct holdings, Mr. Ault serves as Chief Executive Officer of Ault & Company, Inc., a major shareholder in Hyperscale Data. Through this entity, he is deemed to beneficially own an additional 2,750,005 shares of Class A Common Stock. Ault & Company, Inc. also indirectly holds 100 shares of Hyperscale Data’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock. Mr. Ault personally holds 149 shares of the same preferred stock class. Mr. Ault is recognized as a director and a ten percent owner of Hyperscale Data, Inc. Ault & Company, Inc. is also a ten percent owner and may be considered a director by deputization due to its representation on the company’s Board of Directors.
In parallel corporate developments, Hyperscale Data Inc. announced a $300 million at-the-market equity offering program. Shares will be distributed through Spartan Capital Securities, LLC, acting as the sales agent, with potential sales on the NYSE American or at prevailing market prices. The company also disclosed holdings of 713.5884 Bitcoin, valued at approximately $46.9 million, alongside $40.2 million in cash and restricted cash, and 10,000 ounces of silver. Hyperscale Data is engaged in advanced negotiations for a colocation and data center services agreement at its Michigan facility, which could deliver 20 megawatts of critical power capacity. Additionally, the company has commenced production of 30 OPR-R2 humanoid robots via its subsidiary, Omnipresent Robotics, LLC, scheduled for deployment at its Michigan data center by the third quarter of 2026.
Key Points
- Milton C. Ault III increased direct holdings in Hyperscale Data, Inc. (NASDAQ:GPUS), acquiring 18,000 shares for $4,838 at prices ranging from $0.2525 to $0.3000 per share.
- Hyperscale Data Inc. established a $300 million at-the-market equity offering program through Spartan Capital Securities, LLC, while disclosing significant Bitcoin and silver holdings.
- The company is advancing negotiations for a 20-megawatt colocation deal in Michigan and has begun production of 30 OPR-R2 humanoid robots for deployment by Q3 2026.
Risks and Uncertainties
- The execution of the $300 million equity offering may introduce dilution pressure on existing shareholders, impacting the equity market and potentially affecting investor sentiment toward high-growth technology firms.
- Dependence on advanced negotiations for critical infrastructure capacity and robotics deployment introduces operational execution risks within the data center and automation sectors.