New York, June 8, 2026, 05:03 (EDT)
Hyperscale Data shares head into Monday with a company buyback price sitting well above the last regular-session trade. GPUS closed Friday at $0.1510, down 24.84%, while the company’s tender offer is priced at $0.21 a share and expires one minute after 11:59 p.m. New York time Monday unless extended or terminated.
The timing matters because the market has one core session before the deadline. NYSE American’s core trading session, the main part of the U.S. trading day, runs from 9:30 a.m. to 4 p.m. ET, leaving investors to price the gap between the market quote and the company’s bid.
The offer covers up to 23,809,523 Class A shares for an aggregate purchase price of up to $5 million, a filing showed. That would equal about 5.1% of shares outstanding as of May 15, and the offer is not conditioned on any minimum number of shares being tendered or on financing.
It is a self-tender, meaning the company itself is offering to buy stock back from holders. If more shares are tendered than Hyperscale agrees to buy, purchases would be prorated, so some sellers may not get all their shares accepted.
Executive Chairman Milton “Todd” Ault III framed the plan in valuation terms when the company first announced its intent in May, saying there was a “material disconnect” between Hyperscale’s value and its share price. Management also cited cash, restricted cash and Bitcoin holdings, and said net book value per share stood at $0.26 as of March 31. PR Newswire
Another June 8 item sits beside the tender: the end of Hyperscale’s at-the-market stock-sale program. An at-the-market, or ATM, program lets a company sell newly issued shares into the market over time; Hyperscale said it had sold about 137.6 million common shares through the program, raising roughly $24.7 million in gross proceeds at an average of about $0.1793 a share, and would make no further sales under it.
The balance sheet remains part of the stock story. Hyperscale said its Bitcoin treasury reached about 704.3405 Bitcoin as of May 31, worth about $51.8 million using that day’s stated Bitcoin closing price, and said it had made no open-market Bitcoin purchases during the week ended May 31.
The stock was already trading like a special situation, not a quiet small-cap name. Historical data showed GPUS rose 30.6% on June 2, then fell 9.7% on June 3, 3.65% on June 4 and 24.84% on June 5.
The competitive backdrop is bigger and better funded. Reuters reported last week that Megaport secured four artificial-intelligence infrastructure contracts and planned a capital raise for an AI inference cloud, while CoreWeave describes its platform as cloud infrastructure built for AI model training and inference; inference means using a trained AI model to produce answers or predictions. Hyperscale is also in data-center and hosting services, but its near-term catalyst is more about capital structure and Bitcoin exposure than fresh customer wins.
The wider tape has not helped smaller technology names. Wall Street ended sharply lower Friday, with the Nasdaq down 4.18% and the S&P 500 off 2.64%, as chip shares slid and a stronger U.S. jobs report pushed rate concerns back into the market.
But the tender does not remove the main risks around GPUS. The filing lists conditions that could let the company alter or terminate the offer, including certain market declines, possible exchange issues and other adverse events; a completed buyback could also reduce the public float, the number of shares readily available for trading, which can make price moves sharper.
The next hard marker is the company’s post-expiration update. Hyperscale said preliminary results would be announced promptly after the offer expires, while final proration and payment may not come until at least three business days after expiration.
