Intel stock spikes after report of possible US government stake
LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), currently trading at $0.69 with a market capitalization of $20.79 million, announced Tuesday that its wholly owned subsidiary, Sentinum, Inc., purchased 8,150 XRP tokens during the week of August 4-10, 2025, at an average price of $3.07 per token.
The $25,000 investment adds to Sentinum’s growing XRP position, which now totals 15,100 tokens with a market value of approximately $49,490 based on XRP’s August 10 closing price of $3.28.
Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, stated that the company has committed to purchasing up to $10 million of XRP using a dollar cost averaging strategy. The company plans to provide weekly updates on its XRP acquisitions every Tuesday.
According to the announcement, Hyperscale Data has recently paid down approximately $25 million of non-affiliated debt, which the company claims has strengthened its financial position. However, InvestingPro data reveals the company still carries a significant debt burden of $120.32 million and maintains a concerning current ratio of 0.28. The company indicated it is evaluating opportunities to enhance its digital asset strategy, including potentially retaining a portion of the Bitcoin it mines.
Hyperscale Data operates through two main subsidiaries: Sentinum, which runs a data center for cryptocurrency mining and colocation services, and Ault Capital Group, a diversified holding company. The company expects to divest Ault Capital Group in the first quarter of 2026.
The information in this article is based on a press release statement from Hyperscale Data.
In other recent news, Hyperscale Data, Inc. has made significant strides in its financial and operational strategies. The company announced a reduction of approximately $25 million in its non-affiliated debt, achieved through repayments and strategic conversions, as it gears up for an expansion at its Michigan data center. Additionally, Hyperscale Data issued over 3 million shares of Class A common stock through conversions of preferred stock and a convertible note, according to a filing with the Securities and Exchange Commission. The company also clarified its acquisition of up to $10 million in $XRP, which will remain on its balance sheet, aligning with its strategy to focus on its data center business.
Hyperscale Data’s subsidiary, askROI, surpassed 700,000 downloads and plans to launch a fully native mobile version of its app, featuring new financial tools and AI agents. Meanwhile, Alliance Cloud Services, another subsidiary, entered an agreement with SEMCO Energy Gas Company to design natural gas infrastructure for its Michigan data center. This agreement aims to support approximately 40 megawatts of additional on-site power generation capacity. These developments reflect Hyperscale Data’s ongoing efforts to enhance its financial health and operational capabilities.
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