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LAS VEGAS - Hyperscale Data, Inc. (NYSE American:GPUS) announced Tuesday that its Bitcoin treasury has reached approximately $54 million, representing about 59% of the company’s market capitalization based on October 13 closing prices. According to InvestingPro data, the company’s financial health score is currently rated as "Weak," with a concerning debt-to-equity ratio of 20.7x.
The company’s subsidiary, Sentinum, Inc., currently holds approximately 130.78 Bitcoin valued at $15.1 million, based on the October 12 Bitcoin price of $115,170. This includes 29.07 Bitcoin generated from mining operations and 101.71 Bitcoin acquired through open market purchases, with 36.80 Bitcoin added during the week ended October 12.
Hyperscale Data has allocated an additional $38.9 million in cash for future Bitcoin purchases as part of its strategy to reach a digital asset treasury equal to 100% of its market capitalization, with an overall target of $100 million.
"Our disciplined approach to the accumulation of Bitcoin is already proving fruitful," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, according to the company’s press release.
The company implements a dollar-cost averaging strategy, generally targeting to invest at least 5% of allocated cash each week, though actual amounts may vary depending on market conditions. Hyperscale Data plans to continue issuing weekly reports every Tuesday detailing its Bitcoin holdings.
Hyperscale Data operates data centers for cryptocurrency mining and colocation services through its Sentinum subsidiary. The company also owns Ault Capital Group, which it expects to divest in the second quarter of 2026.
The information in this article is based on a company press release statement.
In other recent news, Hyperscale Data, Inc. has been actively engaging in several significant business maneuvers. The company reported unregistered sales of equity securities, issuing over 11 million shares through various conversions, as noted in a filing with the Securities and Exchange Commission. Additionally, Hyperscale Data has made strides in reducing its debt, cutting approximately $30 million from its non-affiliated consolidated debt year-to-date. This financial restructuring is aimed at bolstering the expansion of its Michigan artificial-intelligence and Bitcoin data center campus.
The company is also enhancing its operations by ordering 1,000 Bitmain Antminer S21+ miners for its Michigan data center, marking the first phase of a planned 20-megawatt upgrade. Furthermore, Hyperscale Data’s Bitcoin treasury has seen a remarkable surge, reaching approximately $41 million, which constitutes about 44% of the company’s market capitalization. This increase in Bitcoin holdings represents a substantial 312% growth from the previous week.
The company’s wholly owned subsidiary, Sentinum, held approximately 90.6144 Bitcoin as of early October, valued at $11.2 million. These developments reflect Hyperscale Data’s strategic focus on strengthening its AI and Bitcoin operations while managing its financial structure.
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