LAS VEGAS – Hyperscale Data, Inc. (NYSE American:GPUS) reported Monday that its combined cash, restricted cash, and Bitcoin holdings totaled approximately $102 million as of April 5, representing 189.92% of the company’s market capitalization based on its April 6 closing stock price. The company’s market cap stands at approximately $55 million, while the stock has tumbled 93% over the past year and 77% in the last six months.
The AI data center company held approximately $57.9 million in cash and restricted cash as of the week ended April 5. Its Bitcoin treasury, consisting of mined and purchased Bitcoin, totaled approximately $44.1 million based on Bitcoin’s April 5 price of $68,982.
The company’s wholly owned subsidiaries, Sentinum, Inc. and Ault Capital Group, Inc., held a combined 639.2135 Bitcoin as of April 5. Sentinum held approximately 591.3761 Bitcoin, including 151.1420 Bitcoin from mining operations and 440.2341 Bitcoin acquired in the open market. ACG held approximately 47.1935 Bitcoin. Neither subsidiary purchased Bitcoin during the week ended April 5.
“I am deeply frustrated by the market’s continued failure to recognize what we believe is the obvious value on our balance sheet,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, according to a press release statement.The executive’s frustration comes as InvestingPro analysis reveals the company is quickly burning through cash, with a Financial Health score rated as “WEAK” at 1.41 out of 5. The stock trades with a beta of 2.58, indicating high volatility relative to the broader market. InvestingPro subscribers have access to 13 additional exclusive tips about GPUS, along with comprehensive financial metrics and Fair Value estimates that suggest the stock may be slightly undervalued at current levels.
The company stated it intends to deploy cash allocated to its digital asset treasury strategy into Bitcoin purchases over time. With a current ratio of 0.5, the company’s short-term obligations exceed its liquid assets.
Through Sentinum, Hyperscale Data operates a data center where it mines digital assets and offers colocation and hosting services. The company expects to divest ACG in the second quarter of 2027. ACG is a holding company with investments across multiple industries including AI software, social gaming, equipment rental, and private credit.
The information is based on a company press release statement.
In other recent news, Hyperscale Data, Inc. reported a significant financial boost by receiving approximately $26.6 million from a litigation settlement involving a former subsidiary. Additionally, the company disclosed its combined cash, restricted cash, and Bitcoin holdings amounting to approximately $82.1 million as of late March. This includes about $41.8 million in Bitcoin holdings, reflecting the company’s substantial investment in digital currency. Hyperscale Data also announced plans to acquire 48.5 acres of land in Michigan, which will more than double its current acreage in the area, with the transaction expected to close in about 60 days.
In other developments, the company revealed its Bitcoin treasury stood at approximately $42.6 million earlier in March, held across its subsidiaries Sentinum, Inc. and Ault Capital Group, Inc. Sentinum accounted for the majority of these holdings, partly from mining operations. Hyperscale Data’s robotics unit, Omnipresent Robotics, LLC, is targeting a commercial launch in the United States by June 2026. This subsidiary aims to integrate AI and autonomous capabilities into various sectors, including hospitality and security.
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