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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Tuesday that its Bitcoin treasury has reached approximately $41 million, representing about 44% of the company’s market capitalization based on October 6 closing prices. According to InvestingPro data, the company operates with a significant debt burden, with a debt-to-equity ratio of 20.71 and concerning liquidity metrics.
The company reported that its wholly owned subsidiary Sentinum held approximately 90.6144 Bitcoin as of October 5, with a market value of $11.2 million based on Bitcoin’s closing price of $123,513. This marks a 312% increase from the $2.7 million in holdings reported on September 28. While the stock has shown strong returns over the past week (+36%), InvestingPro analysis indicates the company’s overall financial health score remains weak at 1.62 out of 5.
Hyperscale Data has allocated an additional $29.8 million in cash for future Bitcoin purchases as part of its strategy to accumulate Bitcoin equal to 100% of its market capitalization. The company is pursuing this goal through what it describes as a disciplined dollar-cost averaging approach.
"Our conviction in Bitcoin as a core treasury asset has only strengthened," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, according to the company’s press release.
The company’s current Bitcoin holdings include 25.7026 Bitcoin generated from mining operations and 64.9118 Bitcoin acquired through open market purchases. Of the purchased amount, 63.0732 Bitcoin were acquired during the week ended October 5.
Hyperscale Data stated it will continue issuing weekly reports every Tuesday detailing its Bitcoin holdings as it works toward its $100 million digital asset treasury target.
The company is also planning a divestiture of its Ault Capital Group subsidiary, which is expected to occur in the second quarter of 2026. Following this divestiture, Hyperscale Data would focus on operating data centers and holding digital assets.
The information in this article is based on a company press release statement. Investors should note that InvestingPro has identified 16 additional key investment factors for GPUS, including detailed cash flow analysis and valuation metrics. The company’s current ratio of 0.31 suggests potential challenges in meeting short-term obligations.
In other recent news, Hyperscale Data, Inc. has announced its 39th consecutive monthly cash dividend for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, with dividends paid at an annual rate of 13.00% per $25.00 of stated liquidation preference per share. The company also reported that its Bitcoin treasury, including current holdings and allocated cash for future purchases, has reached approximately $24.2 million, which represents 41.4% of the company’s market capitalization. Hyperscale Data is upgrading its Bitcoin mining equipment, implementing Bitmain Antminer S21+ Bitcoin miners that offer a 135% increase in processing speed compared to older models.
Additionally, the company has started converting sections of its Michigan facility to support artificial intelligence solutions, while maintaining its existing Bitcoin mining operations. The Michigan site, which spans 34.5 acres, features a 617,000-square-foot data center building. Furthermore, Hyperscale Data’s subsidiary, Sentinum, currently holds approximately 24.2214 Bitcoin, valued at about $2.7 million. This includes Bitcoin acquired through both mining operations and open market purchases. These developments highlight Hyperscale Data’s ongoing strategic initiatives in both cryptocurrency and artificial intelligence sectors.
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