The stock of AI data center company Hyperscale Data, Inc. (NYSE American: GPUS) surged 50% on Jan. 2 after news of a massive share purchase by the company’s director. Hyperscale Data, based in Las Vegas, operates a data center where it mines Bitcoin and runs a BTC-focused digital asset treasury operation. On Dec. 30, 2025, Sentinum, a subsidiary of Hyperscale Data, held approximately 519.8687 Bitcoin. The company has allocated $30.5 million for Bitcoin purchases as part of its DAT strategy. Director Milton C. Ault III purchased 1,608,800 common shares of the company, leading to a 60% surge in the stock price. Insider buying is seen as a sign of confidence in the company’s prospects.

Read more at Yahoo Finance: AI stock jumps 60% after SEC filing reveals insider buying