Hyperscale Data, Inc. (GPUS) shares rallied Wednesday after the company gave investors a peek at its balance sheet, revealing estimated total assets of approximately $369 million as of the end of 2025.
The Numbers: Breaking down the figures, Hyperscale Data said its estimated total assets work out to about $1.14 per share of Class A common stock. The company also reported estimated net assets of approximately $168 million, or roughly $0.50 per share.
These estimates are preliminary and unaudited, reflecting the company's updated balance sheet position through year-end 2025. Translation: the numbers could still shift once the accountants get their hands on them.
Notably, Hyperscale Data disclosed that its combined cash and Bitcoin holdings totaled approximately $91 million as of Dec. 31, making up a significant chunk of its total estimated assets. The company has clearly been betting on digital assets as part of its strategy.
The figures include internal adjustments to assets, liabilities and outstanding shares through the end of last year. During the fourth quarter, the company said it continued expanding its digital asset portfolio, investing in high-performance computing infrastructure and fine-tuning its capital structure.
Looking ahead, Hyperscale Data plans to provide monthly updates on estimated total assets and net assets per share, giving investors regular visibility into its financial position.
Price Action: At the time of writing, Hyperscale Data shares were trading 42.94% higher at 36 cents.
