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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) reported Tuesday that its Bitcoin treasury, including current holdings and allocated cash for future purchases, has reached approximately $24.2 million, representing 41.4% of the company’s $32.91 million market capitalization. According to InvestingPro analysis, the company currently trades near its Fair Value, despite showing concerning financial metrics including a weak balance sheet and significant volatility (Beta: 4.33).
The company’s subsidiary Sentinum held 24.2214 Bitcoin as of September 28, valued at approximately $2.7 million based on Bitcoin’s closing price of $112,123. This includes 22.3828 Bitcoin from mining operations and 1.8386 Bitcoin acquired through open market purchases. InvestingPro data reveals the company operates with a concerning current ratio of 0.31, indicating potential liquidity challenges in meeting short-term obligations.
Hyperscale Data has allocated an additional $21.5 million for Bitcoin purchases and executed its first significant open market transaction of $1.9 million on September 29, which more than doubled its previous week’s holdings to approximately $4.6 million.
"We continue to remain confident in the future of Bitcoin and the disciplined approach we are taking to accumulate $100 million," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, according to the company’s press release.
The company plans to continue its Bitcoin accumulation through a dollar-cost averaging strategy designed to reduce exposure to short-term market volatility while building toward its long-term goal of accumulating Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy. This ambitious plan comes as InvestingPro analysis shows the company facing significant challenges, including a 21.93% revenue decline and a substantial debt burden of $114.09 million. Subscribers to InvestingPro can access 14 additional key insights about GPUS’s financial health and market position.
Hyperscale Data operates data centers for cryptocurrency mining and colocation services through its subsidiary Sentinum, while also owning Ault Capital Group, a diversified holding company. The company expects to divest Ault Capital Group in the first quarter of 2026.
The company stated it will continue to issue weekly reports every Tuesday detailing its Bitcoin holdings as it progresses toward its $100 million target.
In other recent news, Hyperscale Data, Inc. has announced several significant developments. The company reported that its Bitcoin treasury has reached approximately $13.25 million, accounting for 39.4% of its public float. This includes Bitcoin acquired through both open-market purchases and mining operations. Additionally, Hyperscale Data plans to issue a special one-time dividend of 20 million shares of its Class B Common Stock to eligible shareholders, with the record date set for October 6, 2025.
In another move, Hyperscale Data is upgrading its Bitcoin mining equipment to Bitmain Antminer S21+ models, increasing processing speed by 135% compared to previous models. The company is also converting portions of its Michigan data center to support artificial intelligence solutions while maintaining its Bitcoin mining operations. These strategic initiatives are part of Hyperscale Data’s broader efforts to optimize and expand its technological capabilities.
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