Hyperscale Data, Inc, an artificial intelligence (“AI“) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company“), today announced that its Bitcoin treasury, including current holdings and cash allocated to committed purchases of Bitcoin, totaled approximately $76 million, based on the price of Bitcoin as of December 21, 2025. This amount represents approximately 100.75% of the Company’s market capitalization, based on the Company’s stock price at the close of trading on December 22, 2025. The Company has achieved its goal of having 100% of its market capitalization in Bitcoin and cash allocated for future purchases of Bitcoin and intends to maintain parity with its market capitalization while remaining committed to its long-term goal of accumulating Bitcoin as part of its broader $100 million digital asset treasury (“DAT“) strategy. The Company’s next goal is to reach $100 million in Bitcoin on its balance sheet.
“We believe that our disciplined dollar-cost averaging strategy has meaningfully paid off, and we intend to continue executing that approach as we build our long-term Bitcoin reserve,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “We recently reported an estimated net book value of approximately $0.52 per share and an estimated gross total asset value of approximately $1.16 per share. We consider our strategy conservative as we add Bitcoin to our balance sheet and invest in the long-term value of the Michigan AI data center while strategically raising additional capital.”
Mr. Ault added, “While we remain focused on execution our DAT, we are disappointed that the Company’s market capitalization does not properly reflect the underlying asset values, particularly given the deep discount to our estimated net book value and gross asset value. We anticipate updating stockholders on our sales forecast in mid-January and currently expect 2026 to be a record year in total revenue. We also expect to provide a mid-January update regarding when we anticipate reaching profitability.”
The Company’s wholly owned subsidiary, Sentinum, Inc. (“Sentinum“) held approximately 514.9655 Bitcoin as of December 21, 2025, consisting of 74.7313 Bitcoin generated from mining operations and 440.2341 Bitcoin acquired in the open market (including 11.4473 Bitcoin purchased during the week ended December 21, 2025). Based on the Bitcoin closing price of $88,621 on December 21, 2025, these holdings had an approximate market value of $45.5 million. In addition, Hyperscale Data has allocated $30.5 million of cash for Sentinum to deploy into open-market Bitcoin purchases.
Hyperscale Data will fully deploy the cash allocated to its DAT strategy into Bitcoin purchases over time. While the Company generally targets investing at least 5% of allocated cash each week with daily purchases, the actual amount may vary, with some weeks higher or lower, depending on market conditions and strategic considerations. Investors should evaluate the Company’s Bitcoin accumulation based on multi-week averages, as part of its ongoing dollar-cost-averaging strategy.
Beginning next Tuesday and continuing each Tuesday thereafter, Hyperscale Data expects to provide a revised weekly update, disclosing (i) the total amount of Bitcoin owned by the Company and (ii) the amount of Bitcoin purchased during the prior week, providing stockholders with consistent, transparent reporting as the Company advances its DAT strategy. The Company does not intend to provide regular public updates regarding its cash and restricted cash balances but intends to continue reporting on its Bitcoin holdings and weekly Bitcoin purchases as described above.
