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Hyperscale Data Highlights Blockchain Software Revenue Growth; Second Quarter Other Revenue, Consisting Largely of Blockchain-Related Revenue, Increased 647%

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High Margin Blockchain-Related Revenue Contributed to 44% Increase in Quarterly Gross Profit; First-Half Revenue Increased 55% and Gross Profits Increased 109%

LAS VEGAS, Sept. 1, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today highlighted the growth and early commercialization of its blockchain software initiatives during the three and six months ended June 30, 2026.

Blockchain Revenue Highlights:

The Company’s Revenue, Other (“Other Revenue”) increased approximately $2.9 million, or 647%, to approximately $3.4 million for the second quarter of 2026, compared with approximately $450,000 for the same period in 2025. The increase was primarily attributable to revenue generated by the Company’s blockchain initiatives.Other Revenue increased approximately $2.8 million, or 219%, to approximately $4.1 million for the first six months of 2026, compared with approximately $1.3 million for the same period in 2025. The increase was primarily attributable to revenue generated by the Company’s blockchain initiatives.Higher-margin blockchain-related revenue contributed to the Company’s 44% increase in second-quarter gross profit, from $6.1 million to $8.8 million, which also resulted in an improvement in quarterly gross margin to 25% from 24%.Research and development expenses increased to approximately $4.3 million during the second quarter and $9.1 million during the first half of 2026, reflecting increased investment in the Company’s AI and blockchain initiatives.

Blockchain-related revenue is presently included within the Company’s Other Revenue category and is not reported as a separate financial-statement line item. Accordingly, the 647% and 219% increases apply to total Other Revenue, with blockchain initiatives as the primary driver of those increases.

Strong Consolidated Revenue and Gross Profit Growth

The growth of the Company’s blockchain initiatives occurred alongside significant consolidated revenue and gross-profit growth:

Second-quarter 2026 consolidated revenue increased 35%, to $34.8 million, compared with $25.9 million in the prior-year period;First-half 2026 consolidated revenue increased 55%, to $78.9 million, compared with $50.9 million in the prior-year period;Second-quarter 2026 gross profit increased 44%, to $8.8 million, compared with $6.1 million in the prior-year period;First-half 2026 gross profit increased 109%, to $23.9 million, compared with $11.4 million in the prior-year period; andFirst-half 2026 gross margin expanded to 30%, compared with 22% in the prior-year period.

Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “Our second-quarter results demonstrate the early success we have had commercializing our blockchain initiatives, with Other Revenue increasing 647%, primarily due to these initiatives. We are particularly encouraged that higher-margin blockchain-related revenue contributed to the 44% increase in quarterly gross profit. While we are still early in the development of the Ault Blockchain ecosystem, these results reinforce our conviction regarding its long-term potential.

“Most of the products we are developing for the Ault Blockchain ecosystem have not yet been fully launched or commercialized. As we introduce activities at our Ault Markets, Inc. (“Ault Markets”) subsidiary as well as additional products, we expect to create opportunities to generate software sales, transaction and tokenization fees and other recurring revenue. Our long-term objective is to build an integrated capital-markets ecosystem where users can trade, tokenize, lend against, collateralize and deploy digital and real-world assets. We believe the opportunity is substantial and that blockchain-related revenue has the potential to exceed the combined revenue generated by our other operating businesses.”

Upcoming Ault Blockchain Products

The Company and its subsidiaries are developing additional products intended to operate on or interact with the Ault Blockchain protocol, including:

Ault Markets and the Ault decentralized exchange;Spot trading and other digital-asset trading functionality;Tokenization of real-world assets, including commodities and precious metals;Blockchain-based payment functionality, including Bitcoin Max (BMAX), which is designed to act as a utility and transaction mechanism within the broader Ault Blockchain ecosystem;Lending, collateral and digital-asset vault applications; andAdditional decentralized applications and financial products designed for the Ault Blockchain ecosystem.

These planned products and services could create revenue opportunities from software and infrastructure sales, transaction fees, tokenization and service fees, financial applications and other protocol-related economic activity. The development and commercialization of these products remain subject to successful technical completion, market adoption, liquidity, legal and regulatory review and other risks.

Ault Blockchain Platform

The Ault Blockchain Mainnet launched in March 2026. The ecosystem is organized around three principal components:

The Ault Blockchain network, which processes transactions and hosts decentralized applications;A node license program, through which participants acquire network infrastructure rights and may earn distributed tokens; andThe Ault decentralized autonomous organization (“Ault DAO“), the on-chain governance body through which licensed participants participate in the network’s direction.

Ault Markets wholly owns Ault DAO LLC, the legal and corporate entity of record for the Ault DAO. The Ault DAO, which is comprised of licensed node holders, governs the Ault Blockchain network.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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Tusker Acquires Fortress SRM to Expand Cybersecurity Services

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Adds New Cybersecurity Expertise, 24/7 Security Operations Center and Ohio Valley Presence

CHICAGO, Sept. 2, 2026 /PRNewswire/ — Tusker, a full-service technology solutions provider with clients across the country, today announced the acquisition of Fortress SRM, a Cleveland-based firm specializing in cybersecurity services. The acquisition adds nearly 50 cybersecurity professionals to the Tusker team, provides new security capabilities including 24/7 oversight, and expands Tusker’s geographic footprint with a sixth regional hub.

Founded in 2018, Fortress SRM serves customers across Ohio, northern Michigan and Wisconsin with a team of approximately 50 cybersecurity professionals. Its capabilities span security consulting and advisory services, virtual CISO leadership, managed security, incident response and digital forensics, and a 24/7 Security Operations Center (SOC) that delivers around-the-clock threat detection, analysis and remediation support.

The acquisition is the latest step in a strategic expansion campaign that has grown Tusker from its roots as a Chicago-based IT hardware distributor to a full-stack technology provider with more than 400 employees and regional hubs in Chicago, Boston, Green Bay, Duluth, Eau Claire and now Cleveland.

It marks Tusker’s fifth acquisition since 2017 and its first since unifying its portfolio companies under the Tusker brand earlier this year. Additional acquisitions are planned as the company continues building its geographic reach.

Expanding the Tusker Platform

The acquisition brings together two organizations with complementary strengths: Fortress SRM’s deep cybersecurity expertise, Tusker’s broader technology capabilities and geographic reach, and the high-touch service and trusted relationships that have been central to both organizations. It also advances a Tusker initiative to aggressively expand its services business.

“Fortress SRM brings exactly the kind of expertise and customer-centered culture that has defined every company we have acquired over the last nine years,” said Matt Zafirovski, CEO of Tusker. “This acquisition expands our cybersecurity team and related service capabilities, plants a flag for Tusker in the Ohio Valley, and strengthens our ability to be a trusted technology partner across the customer’s entire IT environment.”

The transaction also provides significant benefits to Fortress SRM’s cybersecurity customers.

“Many of our cybersecurity clients want a trusted partner who can support all of their IT needs, from desktops, servers and networks to technology planning, modernization and managed services,” said Jess Walpole, President of Fortress SRM. “Joining forces with Tusker gives them that convenience, along with a larger team and the same personal service they have come to expect from us.”

About Tusker

Tusker is a mid-market IT solutions provider that blends a broad portfolio of advisory, professional, managed and lifecycle technology solutions with a focus on building long-term client partnerships through a combination of IT expertise and highly personalized service. The firm operates from multiple regional hubs, serving clients ranging from local organizations to national brands. For more information, visit www.tuskerco.com.

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SOURCE ACP/Tusker

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Peerspace Launches All Inclusive Venues: A New Way to Book Venue, Food, and Service in a Single Reservation

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The new category launches today in New York, San Francisco, Los Angeles, and London, with
Chicago and Atlanta joining by the end of the year

SAN FRANCISCO, Sept. 2, 2026 /PRNewswire/ — Peerspace, the leading marketplace for hourly venue rentals for events, productions, and meetings, today announces the launch of All Inclusive Venues, a new booking category that lets guests reserve the space, food, and drinks together in a single reservation. Peerspace, which recently crossed $800M in total booking value since its founding in 2014, is expanding the category across its marketplace.

Peerspace launches All Inclusive Venues – book space, food, and drinks in one reservation.

This new category is currently live in New York, San Francisco, Los Angeles, and London, with Chicago and Atlanta joining by the end of the year. Looking ahead, Peerspace plans to bring All Inclusive Venues to additional markets, starting with Washington D.C., Miami, Toronto, Dallas, San Diego, and Seattle, followed by Austin, Denver, and Houston. Peerspace expects to add over one thousand All Inclusive Venues to its marketplace in the coming months.

All Inclusive Venues are designed to remove the back-and-forth that typically comes with booking a full-service space. Guests see one all-in price upfront without needing to submit a ‘contact us’ form or wait for a call back. A few standout Peerspace All Inclusive Venues include:

Wandering Barman (Brooklyn, NY)Telephone (Brooklyn, NY)The Academy SF (San Francisco, CA)Rick & Roxy’s (San Francisco, CA)

“We wanted to take the guesswork out of party planning. No more juggling five vendors and not knowing what the night will ultimately cost,” says Rony Chammas, Founder and Chief Growth Officer, Peerspace. “All Inclusive Venues allow guests to lock in their venue, food, drinks, and staff all in a single booking with clear upfront pricing.”

For hosts, All Inclusive Venues creates a new source of customer awareness and demand without any ongoing fees. Hosts can list their business on Peerspace for free, opening up their venues to clientele beyond traditional events, including corporate meetings and productions, while gaining access to Peerspace’s advanced tooling, including custom proposals, calendar sync, and a performance metrics dashboard.

New All Inclusive Venue hosts point to Peerspace’s impact on their business:

“Peerspace has been a great partner to help market our venue to new customers. We opened last year and started receiving private event and production inquiries within the first few weeks.” — Bryan S., Quick Eternity, New York, NY

“Peerspace is by far the best third-party platform we’ve partnered with when it comes to generating leads. It’s helped us significantly increase bookings for our upstairs private room.”

— Shannon H., Country Club, Chicago, IL

“Peerspace has been a great platform to work with, helping us connect with new clients and introduce our venue to a wider audience. The platform is easy to use, and their team has always been responsive whenever we’ve had questions or needed support.”

— Dave C., Skylark & Soundtrack, San Francisco, CA

All Inclusive Venues also debuted this year as one of two new categories in Peerspace’s fourth annual Open Door Awards, which recognize over 800 exceptional spaces across 23 cities in the United States, Canada, Australia, the United Kingdom, and France. To browse All Inclusive Venues, visit peerspace.com and apply the “Food and drink included” filter. To list your All Inclusive Venue on Peerspace, visit try.peerspace.com/all-inclusive-venues.

About Peerspace 

Peerspace is the leading marketplace for hourly venue rentals for meetings, productions, and events. By opening doors to the most inspiring spaces worldwide, Peerspace empowers creativity while enabling hosts to earn additional income. The company connects guests with 50,000+ unique spaces, ranging from lofts and mansions to storefronts and studios. Founded in San Francisco in 2014, Peerspace is backed by investors including GV (Google Ventures) and Foundation Capital. Discover inspiring spaces to meet, create, and celebrate at www.peerspace.com

Media Contact: press@peerspace.com

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SOURCE Peerspace

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ChainIT Launches “Provable Authority” as U.S. Generative AI-Enabled Fraud Losses Are Projected to Reach $40 Billion by 2027

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New white paper introduces pre-execution authority controls for employees, owners, organizations, workflows and AI agents—before money moves

SCOTTSDALE, Ariz., Sept. 2, 2026 /PRNewswire/ — ChainIT, a digital verification and compliance platform that helps organizations validate identities, businesses, authority and compliance status through trusted data sources and auditable workflows, today announced the release of “Provable Authority,” a technical white paper introducing a pre-execution framework for determining whether a person, business, workflow or autonomous AI agent is authorized to perform one exact action before money, data, assets or contractual rights move.

Deloitte’s Center for Financial Services projects that generative-AI-enabled fraud losses in the United States could reach $40 billion by 2027, up from $12.3 billion in 2023.[1] The Global Anti-Scam Alliance estimates that $442 billion was lost to scams across 42 surveyed markets during the preceding year.[2]

Financial institutions and businesses have invested heavily in authentication, transaction monitoring and fraud detection. Yet a valid login, signature or cryptographic key does not necessarily prove who granted the underlying authority, whether it remains current, what limits apply or whether the final instruction matches what was approved. The problem already affects employee wires, owner approvals, vendor payments and treasury operations. Autonomous AI magnifies the exposure by operating continuously, across systems and at machine speed.

Provable Authority addresses both the longstanding business-authority problem and the emerging agentic authority problem. The white paper introduces the ChainIT Authority Protocol and its Agent Subject Profile, connecting verified identity, organizational authority, delegated scope, sourced evidence, deterministic controls, transaction capacity and exact instruction approval. It is designed to answer a critical question before execution: Is this employee, owner, representative, workflow or AI agent currently authorized to perform this exact transaction?

“Like almost everyone, I am flooded with scam texts, emails, calls and voicemails designed to make me trust someone who may not be who they claim to be. AI can now clone voices, recreate faces and make fraudulent instructions more convincing and more difficult to detect. That is why identity alone is no longer enough,” said Jeremy Blackburn, Chief Executive Officer of ChainIT. “Before money moves, organizations need to verify that the employee, owner, representative, workflow or AI agent is actually authorized to take that specific action, within defined limits, at that moment. Provable Authority is designed to help prevent the fraud people and businesses are experiencing today while establishing the controls needed for the agentic economy already emerging. I am incredibly proud of the ChainIT team for developing a practical, forward-looking solution to one of the most urgent trust and security challenges in modern commerce.”

Core Technical Pillars

Verified authority chains: ChainIT ID, ChainIT Org ID and Authority Resolution Pactvera connect the acting party to the verified person, organization, role and delegation behind the action.Deterministic pre-execution controls: Versioned authority policies, sourced evidence and rules-based workflows return explicit outcomes such as Allow, Step-Up, Hold, Reject or Prohibit.Transaction-bound authorization: A canonical transaction digest binds the payer, payee, destination, amount, currency or asset, payment rail and other material terms to approval and execution.Agent containment and immutable evidence: Scoped session credentials, single-use execution authorization, capacity controls, append-only Validated Data Tokens and Valitorum preserve what was authorized and what occurred.

“The technical breakthrough is the separation of authentication, delegated authority, proposal activity and final execution,” said Matt Koepp, Chief Technology Officer of ChainIT. “An AI agent may evaluate information and propose an action, but deterministic controls decide whether the action is within scope, whether authority remains current, whether capacity is available, whether human approval is required and whether the exact instruction may be committed.”

Financial institutions, technology companies, developers, compliance leaders and enterprise organizations can download “Provable Authority” at https://chainit.com/chainit_provable_authority_whitepaper/

About ChainIT

ChainIT provides digital identity, business verification, compliance, and auditable workflow solutions that help organizations establish trust across business relationships. ChainIT’s platform supports KYB, KYC, identity verification, authority validation, beneficial ownership workflows, sanctions and watchlist screening, compliance documentation, ongoing monitoring, and immutable audit evidence through Validated Data Tokens (VDTs).

By helping organizations verify people, businesses, authority, and compliance status through trusted data sources and automated workflows, ChainIT enables customers to reduce risk, streamline onboarding, improve transparency, and make critical operational decisions based on verified and current information.

www.chainit.com

Source Notes
[1] Deloitte, “Deepfake banking and AI fraud risk.”
[2] Global Anti-Scam Alliance, “Global State of Scams 2025” and “GASA Policy Agenda 2026.”

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SOURCE ChainIT Inc

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