Hyperscale Data actively evaluating a broad range of strategic alternatives

Hyperscale Data (GPUS) announced that its management team is actively evaluating a broad range of strategic alternatives intended to enhance stockholder value and address what the company believes is a substantial disconnect between the public market valuation of the company and the underlying value of its assets and operations. As previously disclosed, the company’s combined cash, restricted cash and Bitcoin holdings have recently approached almost $100M, while the company’s market capitalization has remained materially below what management believes reflects the intrinsic value of the business and its strategic assets. The company stated that it is reviewing numerous potential strategic and financial options, which may include, among other things, share repurchases, issuer tender offers, structured capital return programs, strategic partnerships, financings, acquisitions, divestitures other than the Divestiture described below, joint ventures, or other transactions designed to maximize long-term stockholder value. The company emphasized that all strategic and financial alternatives remain under consideration.