Hyperscale Data increased its Bitcoin holdings to approximately 451.85 coins and allocated $34 million for further purchases.
On December 9, NYSE American-listed company Hyperscale Data, a subsidiary of the New York Stock Exchange, announced that it will expand its Bitcoin treasury allocation to $75 million, accounting for about 83% of the company's market value. 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 from its Bitcoin mining operations). At the same time, it has also allocated $34 million in cash 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
Hyperliquid Whale Game: Some Make a Comeback Against the Odds, Others Lose Momentum
The largest IPO in history! SpaceX reportedly seeks to go public next year, aiming to raise over 30 billion and targeting a valuation of 1.5 trillion.
SpaceX is advancing its IPO plan, aiming to raise significantly more than $30 billion, which could make it the largest public offering in history.
DiDi has become a digital banking giant in Latin America
Attempting to directly replicate the "perfect model" used domestically will not work; we can only earn respect by demonstrating our ability to solve real problems.
Macroeconomic structural contradictions are deepening, but is it still a good time for risk assets?
In the short term, risk assets are viewed bullishly due to AI capital expenditures and affluent consumer spending supporting earnings. However, in the long term, caution is advised regarding structural risks brought by sovereign debt, demographic crises, and geopolitical restructuring.
Trending news
MoreCrypto prices
More
