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Hyperscale Data ( (GPUS) ) has shared an update.
Hyperscale Data, Inc. has completed the sale of its St. Petersburg property for $13 million as part of its strategy to focus on data center operations. The proceeds from the sale are expected to contribute to a cash dividend for stockholders, while also supporting the company’s goal of becoming a pureplay data center business to meet AI demands.
More about Hyperscale Data
Hyperscale Data, Inc. is transitioning from a diversified holding company to focusing solely on owning and operating data centers for high-performance computing services. Through its subsidiaries, it offers colocation and hosting services for AI ecosystems, while also engaging in private credit and structured finance. It provides a range of mission-critical products across various industries, including AI software, social gaming, defense, and more.
YTD Price Performance: -91.36%
Average Trading Volume: 51,192
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $7.62M
Learn more about GPUS stock on TipRanks’ Stock Analysis page.
