Hyperscale Data Inc. Chief Executive Milton "Todd" Ault III said on Thursday he believes the company’s shares are undervalued and intends to purchase stock on the open market when legally permitted, subject to securities laws and company trading policies.
The Las Vegas-based data center operator, which lists on the New York American exchange under ticker GPUS, also disclosed preliminary 2027 guidance calling for consolidated revenue of $300 million to $350 million and adjusted EBITDA of $60 million to $80 million. Ault III is the majority beneficiary of the company, directly and through affiliated entities, according to the filing.
Hyperscale Data operates a 20-megawatt data center in Michigan under a 10-year service contract with a California-based neocloud provider, with two optional five-year extensions. If all options are exercised, the contract could generate more than $1.2 billion in revenue. An additional 32-megawatt capacity, exercisable within two years and maintained through extensions, could push total contractual revenue above $3.0 billion.
The company also said it plans to divest Ault Capital Group Inc. in 2027 by exchanging Series F Preferred Stock for Class A and Class B common shares of ACG. Ault Capital Group, a subsidiary, comprises defense, crane rental, hospitality, real estate, credit and trading operations. First-half 2026 revenue for ACG and its subsidiaries totaled approximately $64.8 million, split across defense ($23.8 million), crane rental and industrial services ($22.1 million), hospitality and real estate ($9.7 million) and credit and trading activities ($9.2 million).
