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A data center company goes all out with $100 million to lay out a Bitcoin treasury.
[Block Rhythm] The US stock AI data center company Hyperscale Data has been making frequent moves recently. At the end of December, they announced that their wholly-owned subsidiary Sentinum has acquired 514.9655 Bitcoins, equivalent to a Bitcoin treasury worth 76 million USD. And that's not all— they have allocated an additional 30.5 million USD in cash to continue purchasing in the open market.
Calculating the ledger, the goal is clear: to push the total value of the Bitcoin treasury to 100 million USD. What signal does this large-scale allocation reveal? The increase in Bitcoin holdings by listed companies indicates that institutions are fairly optimistic about this market trend. From 76 million to 100 million, there is still quite a bit of room for increase, and the subsequent market movements are worth paying attention to.