Hyperscale Data increases its bitcoin holdings to approximately 451.85 BTC and allocates $34 million for further accumulation
On December 9, it was reported that Hyperscale Data, a NYSE American-listed company under the New York Stock Exchange, announced that it has expanded its bitcoin treasury allocation to $75 million, accounting for approximately 83% of the company's market capitalization. Currently, its wholly-owned subsidiary Sentinum holds a total of 451.85 bitcoins (including 387.4768 bitcoins acquired on the open market and approximately 64.3731 bitcoins obtained through its bitcoin mining operations). In addition, $34 million in cash has been allocated for purchasing bitcoin on the open market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: QAI will unlock tokens worth approximately $22.88 million in one week
Data: US-listed company Exodus Movement sold 245 bitcoins, reducing its total holdings to 1,902 bitcoins.
Data: The total net inflow for the US XRP spot ETF in a single day was $10.2 million.
