Hyperscale Data holds over 622 BTC, with cash and bitcoin value approximately 161% of market cap

GateNews
BTC-0,92%

Gate News reports that on March 17, according to Hyperscale Data, the New York Stock Exchange-listed company Hyperscale Data, Inc. (stock symbol: GPUS) announced that as of March 15, 2026, its wholly owned subsidiary Sentinum, Inc. and Ault Capital Group, Inc. (ACG) collectively hold 622.4378 Bitcoin. Based on the Bitcoin closing price of $72,790 on that day, the total value is approximately $45.3 million. The company’s combined cash and Bitcoin holdings amount to about $85.7 million, representing approximately 161.23% of its current market capitalization. Chairman Milton “Todd” Ault III stated that there is a significant divergence between the current market value and the book value, and the company is evaluating all feasible strategic options to address this imbalance. Hyperscale Data also announced plans to gradually use all cash allocated for its digital asset treasury strategy to purchase Bitcoin.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin ETFs Add $664 Million as Assets Top $100 Billion Again

Crypto exchange-traded funds (ETFs) capped the week with a powerful surge, led by bitcoin’s massive inflow that pushed assets back above $100 billion. Ether extended its streak, while XRP and solana continued their steady climb. Key Takeaways: Bitcoin ETFs drew $663.91 million, pushing net asset

Coinpedia1m ago

Whale Deposits 3M USDC to HyperLiquid, Increases 30x BTC Short Position to $52.89M

A whale deposited 3 million USDC to HyperLiquid, boosting its 30x leveraged Bitcoin short to 700 BTC, valued at $52.89 million. The short was opened at $75,919, with a liquidation price of $80,839.93.

GateNews45m ago

Alcoa to Sell Idle Aluminum Smelter to NYDIG for Bitcoin Mining Infrastructure

Alcoa plans to sell its dormant Massena East aluminum smelter in New York to bitcoin miner NYDIG, with the deal closing by mid-2026. The facility's infrastructure makes it ideal for bitcoin mining, reflecting a trend of repurposing retired industrial sites.

GateNews2h ago

BTC falls below 75000 USDT

Gate News bot message, Gate market data shows that BTC has fallen below 75000 USDT, with the current price at 74996.3 USDT.

CryptoRadar5h ago

Iran Uses Bitcoin for Hormuz Strait Oil Transit Fees, But Stablecoins Handle Majority of Actual Fund Transfers

Iran is utilizing Bitcoin for oil transit fee settlements via the Strait of Hormuz, but stablecoins dominate actual fund transfers in these transactions.

GateNews6h ago
Comment
0/400
No comments