Hyperscale Data’s bitcoin holdings reach 8.1% of market cap

Published 05/09/2025, 11:38
Hyperscale Data’s bitcoin holdings reach 8.1% of market cap

LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS), currently valued at $13.47 million in market capitalization, announced Friday that its subsidiary Sentinum has accumulated Bitcoin holdings equivalent to approximately 8.1% of the company’s current market capitalization through its mining operations. According to InvestingPro analysis, the company operates with a significant debt burden and faces challenges with cash burn.

The company emphasized that all Bitcoin has been earned through digital asset mining, with none purchased on the open market. This accumulation represents progress toward Hyperscale’s previously announced strategy to mine and retain Bitcoin until holdings reach 100% of its market capitalization. The strategy comes as the stock trades near its 52-week low of $0.40, having declined over 94% in the past year.

"As we near 10% of the Company’s market capitalization to Bitcoin holdings through mining alone, we are close to our first major milestone in executing our strategy," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data.

The company described its Bitcoin retention as complementary to its core business operations, which include expanding AI data center infrastructure. Hyperscale currently operates a data center in Michigan and has plans for growth in Montana, with the goal of developing hundreds of megawatts of AI-optimized infrastructure. With revenue of $101.38 million in the last twelve months and a weak financial health score from InvestingPro, investors may want to closely monitor the company’s expansion plans.

Hyperscale Data also noted that it expects to complete the divestiture of its subsidiary Ault Capital Group, Inc. in the first quarter of 2026. Following this transaction, the company will focus on operating data centers for high-performance computing services and holding digital assets.

The information in this article is based on a press release statement from Hyperscale Data.

In other recent news, Hyperscale Data, Inc. has been active with several strategic and financial developments. The company announced the sale of $4 million in Series H convertible preferred stock to Ault & Company, an affiliate, marking the first purchase under a securities purchase agreement that allows for up to $100 million in total purchases. Additionally, Ault & Company has invested a total of $55 million in Hyperscale Data through preferred stock transactions, with the option to invest an additional $96 million by the end of 2026.

Hyperscale Data also revealed plans for a significant $125 million at-the-market equity offering, with Wilson-Davis & Co., Inc. acting as the sales agent for these transactions. In terms of technological advancements, the company’s subsidiary, Ault Markets, is developing StableShare, an AI-powered platform for tokenized securities management. Furthermore, Hyperscale Data has announced a new corporate strategy to retain all mined Bitcoin, focusing on AI data centers and digital asset accumulation. This strategy will include publishing weekly reports of its digital asset holdings.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.