What potential impact could the increased float have on GPUS’s stock volatility and price support?

The AT‑M offering will gradually add a sizable number of shares to GPUS’s float, which tends to thin the supply‑demand balance that has kept the stock relatively tight. In the short‑run, each incremental sale can act like a “drip‑feed” of sell pressure, pushing the intraday price lower and widening the bid‑ask spread. Expect a bump in realized volatility – especially around any disclosed “sell‑down” dates or when the company hits its quarterly cap on proceeds – as market participants adjust to the expanding supply. Technical charts will likely reflect a series of lower‑highs and a flattening of momentum indicators (e.g., RSI slipping below 55), signalling a more erratic price action than the prior low‑float regime.

On the flip side, the additional capital can strengthen the balance sheet, fund growth projects, or reduce debt, which provides a fundamental “price‑support” cushion. If the proceeds are deployed into revenue‑generating assets (e.g., data‑center acquisitions, strategic partnerships), the longer‑term earnings outlook improves, giving long‑term buyers a reason to step back in and anchor the price. Traders should therefore watch for two key signals: (1) the cadence and volume of AT‑M sales (a sudden acceleration may trigger a volatility spike), and (2) any accompanying updates on use‑of‑proceeds or earnings guidance (positive news can offset the dilution drag). A practical approach is to stay flat or reduce exposure ahead of disclosed sell‑down windows and consider buying on pull‑backs only if the company’s fundamentals and cash‑flow outlook are demonstrably improving.