Company Moves to Address Significant Gap Between Market Value and Balance Sheet Strength

LAS VEGAS, May 15, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE:GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it intends to commence a tender offer to purchase up to $5,000,000 of its Class A Common Stock, $0.001 par value per share ("Common Stock"), at a price of $0.21 per share.

The Company expects to formally launch the proposed offer following the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, subject to board approval, regulatory approval and customary closing conditions. The proposed offer reflects Hyperscale Data's view that its current market valuation does not accurately reflect the strength of its balance sheet, including its holdings of cash and Bitcoin. Management believes that the net book value per share as of March 31, 2026 was $0.26, and most companies' shares trade at significantly higher values than the net book value of such shares. Management estimates the foregoing net book value based on its belief that at March 31, 2026, the Company's stockholders' equity was $96,993,000 and the number of its issued and outstanding shares of Common Stock was 370,193,806.

Hyperscale Data plans to fund the proposed offer through existing cash on hand.