하이퍼스케일 데이터의 창립자 겸 최고경영자 의장인 밀턴 토드 올트 3세는 해당 기업이 현저히 저평가되어 있다고 주장한다.

Hyperscale Data, Inc., trading on the NYSE American under the ticker GPUS, issued a shareholder letter from its founder and executive chairman, Milton Todd Ault III. In the correspondence, Ault states unequivocally that he believes the company is dramatically undervalued and that its current market capitalization fails to recognize the value of its assets, operations, and opportunities. He urges investors to re-examine the enterprise, emphasizing that it extends far beyond being merely an artificial intelligence data center company.

The company operates a Michigan AI data center referred to as the Facility, supported by an executed master services agreement with a California-based neocloud provider known as the Customer. This contract outlines the deployment of 20 megawatts of capacity, carries an initial 10-year term with two 5-year extension options exercisable by the Customer, and collectively forms what the company calls the Maximum Term. If fully exercised, the agreement is projected to generate in excess of $1.2 billion in revenue. Furthermore, the Customer holds an option for an additional 32 MW of critical AI compute capacity, which could push total contract revenue past $3.0 billion if activated within the first two years and maintained through both extension periods.

Beyond the data center, Hyperscale Data controls a wide array of operations through Ault Capital Group, Inc. and its subsidiaries. These include crane rental and industrial services, hotel and real estate holdings, defense technologies, a financial services platform, private credit and structured finance via Ault Lending, LLC, digital assets, and various other investments. Ault highlights specific revenue figures for the first six months of 2026 to demonstrate the tangible earnings power of these segments. The defense division produced approximately $23.8 million, while Ault Lending contributed roughly $9.2 million. The crane rental and industrial services arm generated about $22.1 million, and hotel and real estate operations added approximately $9.7 million. He stresses that these are established businesses with physical assets generating consistent income that the market currently overlooks.

Looking ahead, the company has issued preliminary guidance for 2027 projecting consolidated revenues between $300 million and $350 million, alongside adjusted earnings before interest, taxes, depreciation, and amortization ranging from $60 million to $80 million. Despite these metrics, Ault argues that public market pricing remains disconnected from the firm's underlying asset base and earning potential. To align his interests with shareholders, he announces his intention to buy shares on the open market whenever securities laws and company blackout periods allow. As executive chairman who beneficially owns a majority of the company on an as-converted basis, he expresses full confidence in the management teams and the strategic direction. The company also notes plans to divest Ault Capital Group in 2027 through a voluntary exchange of newly designated Series F Exchangeable Preferred Stock for Class A and Class B common shares of ACG. On December 23, 2024, the company issued one million (1,000,000) shares of this preferred stock to all common and Series C preferred stockholders on an as-converted basis. Only holders who properly surrender their preferred shares during the exchange offer will receive the ACG shares and become shareholders upon the divestiture. After the transaction, Hyperscale Data will focus primarily on high-performance computing data centers and digital asset holdings.

The release concludes with standard regulatory language clarifying that the statement does not constitute an offer to sell or solicitation to buy any securities. Investors are advised to review all relevant Securities and Exchange Commission filings before making investment decisions. Additional information can be found on the investor relations section of hyperscaledata.com or through the SEC website. The document also includes a standard forward-looking statements disclaimer referencing Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, noting that predictive language regarding future events, strategies, and expectations is subject to inherent risks and uncertainties.