Hyperscale Data Files 8K - Direct Or Off-Balance Sheet Financial Obligation >GPUS

Hyperscale Data Inc. (GPUS) filed a Form 8K - Direct or off-Balance Sheet Financial Obligation - with the U.S Securities and Exchange Commission on August 05, 2026.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.The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/896493/000121465926009663/x842618k.htmAny exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/896493/000121465926009663/0001214659-26-009663-index.htmPublic companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.