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Hyperscale Data Inc. (NYSEMKT: GPUS) shares surged 21.3% in pre-market trading on June 20, 2025, marking a significant rise in its stock price.
Hyperscale Data's subsidiary, Bitnile.com, has started accepting the $TRUMP meme coin as a form of payment, which could potentially attract new investors and increase the company's revenue streams. This move aligns with the company's strategy to diversify its payment options and tap into the growing meme coin market.
Hyperscale Data has announced cash dividends for its Series D and Series E Cumulative Redeemable Perpetual Preferred Stock, with record dates set for June 30, 2025, and payment on July 10, 2025. This announcement reflects the company's commitment to providing returns to its investors while it transitions to focus on high-performance computing services, following the planned divestiture of Ault Capital Group by the end of 2025.
Hyperscale Data's insiders have been actively trading the company's stock, with three purchases and one sale in the past six months. This insider activity could indicate confidence in the company's future prospects and potential for growth.
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