BTC treasury company Hyperscale Data's stock price drops to $0.14, nearly zeroed out from historical peak.

Deep tide TechFlow news. On July 08, Protos reported that the share price of Bitcoin treasury company Hyperscale Data (NYSE: GPUS) closed below $0.14 on July 7, 2026, down as much as nearly 100% from its historical peak during the 2000 internet bubble (adjusted price of more than $2.1 billion). The company’s predecessor was the electronics manufacturer Digital Power Corporation, founded in 1969. Since then, it has gone through six renamings, five reverse stock splits (with a cumulative compression ratio of more than 200 million to 1), and multiple business shifts—first venturing into Bitcoin mining and a Michael Saylor-style BTC hoarding strategy.

In September 2025, the company announced the launch of a $100 million BTC purchase plan, when its share price was $0.72; since then, it has cumulatively fallen by more than 80%. Executive Chairman Milton "Todd" Ault III was fined and suspended by the Financial Industry Regulatory Authority (FINRA) in 2012, and the company also reached a $700,000 settlement with the SEC in 2023.

BTC-2.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned