Hyperscale Data subsidiary acquires 7,900 XRP tokens for $25,000

Published 19/08/2025, 11:40
Hyperscale Data subsidiary acquires 7,900 XRP tokens for $25,000

LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), a technology company with a market capitalization of $19.6 million and significant operational challenges according to InvestingPro analysis, announced Tuesday that its wholly owned subsidiary, Sentinum, Inc., has purchased 7,900 XRP tokens during the week of August 11-17, 2025, at an average price of $3.1657 per token, totaling approximately $25,000.

This acquisition adds to Sentinum’s growing XRP holdings, which now stand at 23,000 tokens with a market value of $71,047 based on the August 18 closing price of $3.0890 per token.

The company reported that Sentinum has acquired 17,700 XRP tokens month-to-date at an average price of $3.1058, totaling $54,972.81. Quarter-to-date purchases amount to 22,500 tokens at an average price of $3.1086, representing an investment of $69,944.17.

Hyperscale Data, a diversified holding company, operates through Sentinum, which mines digital assets and offers colocation and hosting services for artificial intelligence ecosystems. The company has committed to providing weekly updates on its XRP acquisitions to maintain transparency regarding its digital asset investment activities.

The company expects to divest its other wholly owned subsidiary, Ault Capital Group, Inc. (ACG), in the first quarter of 2026. Following this divestiture, Hyperscale Data would focus on operating data centers to support high-performance computing services and holding digital assets.

This information is based on a press release statement from Hyperscale Data.

In other recent news, Hyperscale Data, Inc. has made several strategic financial and operational moves. The company announced the issuance of over 3 million shares of its Class A common stock through conversions of preferred stock and a convertible note. Additionally, Hyperscale Data has reduced its outstanding consolidated non-affiliated debt by approximately $25 million, a step taken in preparation for expanding power capacity at its data center campus in Michigan. In terms of acquisitions, a subsidiary of Hyperscale Data purchased 8,150 XRP tokens, enhancing its cryptocurrency holdings.

The company has also declared monthly dividends for two series of its preferred stock, with payments scheduled for September 2025. On the technological front, Hyperscale Data launched the OnlyBulls app, an AI-powered market assistant for portfolio management, now available on major app stores. These recent developments reflect Hyperscale Data’s ongoing efforts to strengthen its financial position and expand its technological offerings.

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