Hyperscale Data

Hyperscale Data, Inc.

Treasury Qualification

Treasury classificationBitcoin Miner with Strategic Holdings

Qualification tierPending qualification

Directory statusNeeds Review

Ownership statusHistorical-only: 545.4218 native BTC held through wholly owned subsidiaries at January 18, 2026 is the older established group balance. It is not a current estimate: it predates known sales and exceeds the September 13 headline of 216.9480 BTC. Latest native BTC versus cbBTC/wrapped BTC and financing allocation remains unresolved. Qualifying wholly owned subsidiary native BTC is counted once; a planned separation is not treated as completed. Substantial BTC sales to reduce debt and support the Michigan data-center transition explain the decline but do not establish September's eligible native balance. HOLD - methodology review required; historical balance excluded from totals and current qualification pending. The unchanged btc_total_reported of 726.9425 retains the June 21, 2026 legacy headline, not the January native-BTC scope or September headline.

Strategic intent

Hyperscale Data describes itself as an AI data-center company anchored by Bitcoin. It accumulates Bitcoin through mining and open-market purchases and states that it intends to continue adding Bitcoin as a foundational long-term balance-sheet asset.

Bitcoin Treasury

Last verified attributable BTC545.4218 BTC

Balance dateJanuary 18, 2026

Estimated valueUnavailable

Average purchase priceNot disclosed

Not included in totals

Historical balance only — current eligible balance not established

Newer reported BTC — not used in totals

216.948 BTC · Balance date: September 13, 2026

Historical-only: 545.4218 native BTC held through wholly owned subsidiaries at January 18, 2026 is the older established group balance. It is not a current estimate: it predates known sales and exceeds the September 13 headline of 216.9480 BTC. Latest native BTC versus cbBTC/wrapped BTC and financing allocation remains unresolved. Qualifying wholly owned subsidiary native BTC is counted once; a planned separation is not treated as completed. Substantial BTC sales to reduce debt and support the Michigan data-center transition explain the decline but do not establish September's eligible native balance. HOLD - methodology review required; historical balance excluded from totals and current qualification pending. The unchanged btc_total_reported of 726.9425 retains the June 21, 2026 legacy headline, not the January native-BTC scope or September headline.

Reported BTC source

Ownership and Restrictions

Component figures are shown only when separately disclosed and may overlap; they are not additive. Components refer to the eligible balance date unless dated otherwise in research notes. “Not separately disclosed” does not imply zero.

Total BTC reported726.9425

Unencumbered / unrestrictedNot separately disclosed

Pledged as collateralNot separately disclosed

Loaned to third partiesNot separately disclosed

Subsidiary-owned545.4218

Other restricted owned BTCNot separately disclosed

Latest Financial Results

Reporting period: Three months ended June 30, 2026

Revenue$34,841,000

Operating income/loss$-23,114,000

Net income/loss$-18,950,000

Cash$36,780,000

Management

Chief executive officer: William B. Horne
Chief financial officer: Ken Cragun
Executive chair: Milton "Todd" Ault III

Research Notes

Hyperscale Data reported 726.9425 BTC as of June 21, 2026, with an aggregate market value of approximately $45.9 million based on a Bitcoin closing price of $63,238. The full position was held through wholly owned subsidiaries Sentinum and Ault Capital Group. Sentinum generates Bitcoin through mining, while Ault Capital Group also purchases Bitcoin in the open market. Because the latest disclosure does not reconcile pledged, loaned, restricted, or otherwise encumbered Bitcoin, those component fields are left undisclosed rather than assumed. For Q1 2026, Hyperscale Data reported $44.079 million in revenue, a $21.274 million operating loss, and a $30.136 million net loss. Total assets were $319.560 million and total liabilities were $216.653 million. September 29, 2026 methodology and financial refresh: Historical-only: 545.4218 native BTC held through wholly owned subsidiaries at January 18, 2026 is the older established group balance. It is not a current estimate: it predates known sales and exceeds the September 13 headline of 216.9480 BTC. Latest native BTC versus cbBTC/wrapped BTC and financing allocation remains unresolved. Qualifying wholly owned subsidiary native BTC is counted once; a planned separation is not treated as completed. Substantial BTC sales to reduce debt and support the Michigan data-center transition explain the decline but do not establish September's eligible native balance. HOLD - methodology review required; historical balance excluded from totals and current qualification pending. The unchanged btc_total_reported of 726.9425 retains the June 21, 2026 legacy headline, not the January native-BTC scope or September headline. USD, Q2 2026 (three months ended June 30; balance sheet June 30). 'Total revenue' 34,841,000; operating loss -23,114,000; 'Net loss' -18,950,000 uses consolidated basis, distinct from parent-attributable loss -19,356,000 and common-stockholder loss -21,654,000. Cash 36,780,000 excludes restricted cash. Assets 360,038,000; liabilities 243,507,000. Management, identity and URLs unchanged. Financial source: https://www.sec.gov/Archives/edgar/data/896493/000121465926010549/hd81126810q.htm (published August 19, 2026). Eligible historical/current evidence source: https://s23.q4cdn.com/175719177/files/doc_news/Hyperscale-Data-Bitcoin-Treasury-at-545-4218-Bitcoin-2026.pdf (source date: January 20, 2026). Separate headline source: https://www.prnewswire.com/news-releases/hyperscale-data-holds-approximately-51-million-of-bitcoin-cash-and-restricted-cash-as-of-september-13-2026-bitcoin-cash-and-restricted-cash-represents-approximately-136-of-market-capitalization-of-common-stock-302880017.html (published September 16, 2026; balance September 13, 2026). Supplemental approved references: https://www.prnewswire.com/news-releases/hyperscale-data-has-sold-approximately-685-bitcoin-for-approximately-43-million-reduces-debt-by-approximately-30-million-and-strengthens-liquidity-to-support-michigan-data-center-buildout-302851597.html. Historical notes above are preserved as dated history; earlier eligibility descriptions do not override this review. The existing last_verified date is unchanged and is not a blanket verification of unresolved fields.