Hyperscale Data, an AI data center company listed on NYSE American under the ticker GPUS, said it plans to launch a tokenized offering of up to $33.5 million in Series D preferred stock. The company said the product is intended to broaden access for qualified investors through a blockchain-based real-world asset, or RWA, platform. It also said it has paid Series D dividends for 52 consecutive months. The update was cited by Techub, which attributed the announcement to PR Newswire. No further issuance terms were disclosed in the brief. The announcement centers on the use of blockchain infrastructure to distribute a preferred equity product tied to a public company, with the stated goal of expanding participation among eligible investors.
Hyperscale Data (NYSE American: GPUS), a publicly listed AI data center company, said it plans to issue a tokenized product tied to up to $33.5 million of Series D preferred stock.
The company said it aims to widen participation among qualified investors through a blockchain-based real-world asset, or RWA, platform. It also said it has paid Series D dividends for 52 straight months.
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