Hyperscale Data (GPUS) Skyrockets on Bitcoin Bonanza and AI Cloud Pivot – What’s Driving the Rally?
Hyperscale Data’s stock is on a tear this week. Shares of the Las Vegas-based company surged over 24% in pre-market trading Tuesday and extended gains into the sessionseekingalpha.com. By midday October 28, GPUS was up around 28% at roughly $0.64benzinga.com, building on a spectacular after-hours jump the night before. On Monday, the micro-cap stock rocketed 24.5% during regular trading to $0.4979, then leapt another ~33% after hours to about $0.66ts2.tech. The two-day jolt has nearly doubled Hyperscale’s market value, putting it on the radar of many retail traders. Online forums buzzed about the tiny $0.50-range stock as a speculative “AI + Bitcoin” play, especially after the company’s recent name change to “Hyperscale” and news of a high-profile Nvidia partnershipts2.tech. Despite the explosive rally, context is important. Even at around 65 cents, GPUS remains deep in penny-stock territory and, in fact, still sits roughly 90% below its levels at the start of 2025ts2.tech. Just a year ago the stock traded in the $5–$7 range, before a prolonged slide driven by repeated share dilution and financial strugglests2.tech. The company dramatically expanded its share count this fall – issuing millions of new common shares through preferred stock conversions and notes – which helped