Hyperscale Data, Inc., listed on NYSE American under ticker GPUS, announced on June 18, 2026, that it has established an at-the-market equity offering program through which it may sell up to $300 million in common stock. Spartan Capital Securities, LLC will act as the sales agent for the offering. Under the sales agreement, shares of common stock may be sold at market prices prevailing at the time of sale or as agreed with the agent, either on the NYSE American or through other means.

The Company intends to use a majority of the net proceeds from this offering to further develop its Michigan and Montana data facilities, to acquire more Bitcoin, and to purchase precious metals including gold, silver and copper. A smaller portion of the proceeds will be used for working capital and general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of future indebtedness or capital stock. The Company cannot predict with certainty all of the particular uses for the net proceeds, so management will have broad discretion regarding the timing and application of such proceeds.

The offering is being made under a shelf registration statement, File No. 333-291595, which became effective on December 11, 2025. Shares may be offered only through a prospectus and prospectus supplement as part of the effective registration statement. Investors should read the prospectus supplement and accompanying prospectus for complete information about the Company and the offering. These documents are available free of charge on the U.S. Securities and Exchange Commission website at www.sec.gov, or by contacting Spartan Capital Securities, LLC at 45 Broadway, 19th Floor, New York, NY 10006, telephone (212) 293-0123, attention Eric Flesche, President.

Hyperscale Data owns and operates data centers through its wholly owned subsidiary Sentinum, which mines digital assets and offers colocation and hosting services for AI ecosystems and other industries. Another wholly owned subsidiary, Ault Capital Group, Inc., is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies. The Company currently expects to divest ACG in the second quarter of 2027. Until that time, the Company will continue to provide through ACG and its subsidiaries and strategic investments mission-critical products supporting diverse industries including AI software platforms, social gaming, equipment rental, defense and aerospace, industrial, automotive, medical and biopharma, and hotel operations. ACG is also engaged in private credit and structured finance through a licensed lending subsidiary. The Company's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, Nevada 89141.

On December 23, 2024, the Company issued one million shares of newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of Series C Preferred Stock on an as-converted basis. The divestiture of ACG will occur through the voluntary exchange of Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG. Only those holders of Series F Preferred Stock who surrender their shares and do not properly withdraw such surrender in the exchange offer through which the divestiture will occur will be entitled to receive ACG shares and become shareholders of ACG upon completion of the divestiture.

This press release contains forward-looking statements based on current beliefs and assumptions subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update them in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement due to various factors. Investors are directed to the Company's filings with the U.S. Securities and Exchange Commission, including Forms 10-K, 10-Q, and 8-K, for more information on potential risk factors and other matters affecting the Company's business and financial results.