Hyperscale Data Aims for 100% Bitcoin Pairing with Growing Treasury Holdings
Hyperscale Data Takes Bold Steps Towards Bitcoin Pairing Strategy
In an exciting development, Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company based in Las Vegas, has made significant strides in its investment strategy aimed at fully pairing its market capitalization with Bitcoin. The company's treasury now boasts approximately $8 million in Bitcoin holdings, marking a remarkable increase to 34% of its public float, a jump from just 12% in under two weeks. This aggressive strategy is part of Hyperscale's Paired Bitcoin Treasury Strategy, with the goal of accumulating Bitcoin equivalent to its entire market evaluation.
The Rise of Bitcoin Holdings
The company's wholly owned subsidiary, Sentinum, has contributed significantly to this growth. Currently, Sentinum holds $2 million in Bitcoin, which it has acquired through its mining operations. Furthermore, Hyperscale has allocated an additional $6 million in cash for immediate market purchases of Bitcoin. Once these purchases are finalized, the total value of Hyperscale's Bitcoin treasury could reach a robust $8 million.
**Milton
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