Current Report · Items 2.03, 9.01 · 8-K

Hyperscale Data, Inc.

GPUSNYSE_AMERICANEQUITYCurrent

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

Filed Aug 5, 2026Accepted Aug 5, 2026, 4:30 PM EDTCIK 896493Accession 0001214659-26-009663

Company context

Hyperscale Data, Inc., a Delaware corporation formerly known as Ault Alliance, Inc., was incorporated in September 2017. Through our wholly and majority owned subsidiaries and strategic investments, we own and/or operate data centers at which we mine Bitcoin and offer colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries as well as provide mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, a social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. Our direct and indirect wholly owned subsidiaries include (i) Sentinum, Inc. (“Sentinum”), (ii) Alliance Cloud Services, LLC (“ACS”) and (iii) BNI Montana, LLC (“BNI Montana”).

Current securities

GPUSNYSE_AMERICAN · EQUITY · Current GPUS PRDNYSE_AMERICAN · PREFERRED · Current

Recent company filings

Registered securities in this filing

HYPERSCALE DATA, INC. · 8-K · Filed 2026-08-05

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Class A Common Stock, $0.001 par value

Symbol: GPUS
Exchange: NYSEAMER
Classification: COMMON
Status: Current

Filing context

Context: From2026-08-052026-08-05_custom_ClassCommonStock0.001ParValueMember

Dimensions: us-gaap:StatementClassOfStockAxis

13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share

Symbol: GPUS PD
Exchange: NYSEAMER
Classification: PREFERRED

Filing context

Context: From2026-08-052026-08-05_custom_Sec13.00SeriesDCumulativeRedeemablePerpetualPreferredStockParValue0.001PerShareMember

Dimensions: us-gaap:StatementClassOfStockAxis

Accession 000121465926009663 · 2 registered-security cover members

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Disclosure sections

Items 2.03, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 2.03Item 2.03 - Creation of Direct Financial Obligation

ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT On August 3, 2026, Hyperscale Data, Inc., a Delaware corporation (the “Company”), announced that it has successfully implemented its Bitcoin-backed decentralized finance (“DeFi”) financing strategy, establishing the ability to borrow against its Bitcoin treasury at competitive and variable institutional financing rates through an overcollateralized digital asset borrowing arrangement. More specifically, the Company has established access to an overcollateralized digital asset borrowing facility through DeFi, using the Morpho Protocol. Under this arrangement, the Company has pledged a portion of its Bitcoin holdings as collateral to borrow stablecoins or other digital assets. The borrowings are overcollateralized, bear variable market-based interest rates, and are subject to collateral maintenance requirements, including liquidation thresholds based on the value of the pledged collateral. The Company retains economic exposure to its Bitcoin holdings unless collateral is liquidated following a failure to satisfy applicable collateral requirements. The Morpho Protocol is a decentralized lending protocol that facilitates overcollateralized loans through immutable smart contracts, which are self-executing digital programs stored on a blockchain that automatically take actions when predetermined criteria are met. As part of this initiative, as of August 2, 2026, the Company had approximately $30 million outstanding under Bitcoin-backed borrowings obtained through the Morpho Protocol. The borrowings are secured by a portion of the Company’s Bitcoin holdings and bear a current variable interest rate of approximately 4.9%. The proceeds are being utilized to support the continued development of the Company’s Michigan AI data center campus pursuant to its previously announced master services agreement with a leading AI-based neocloud provider, as well as for working capital and other general corporate purposes, while allowing the Company to retain long-term ownership of the Bitcoin serving as collateral.

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