Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”), has accumulated and retained Bitcoin holdings equal to approximately 8.1% of the Company’s current market capitalization of its common stock. Importantly, the Company notes that these Bitcoin holdings have all been earned through Sentinum’s digital asset mining operations and no Bitcoin has yet been acquired in the open market.
As previously outlined, Hyperscale Data’s strategy is to mine and retain all Bitcoin produced by its operations, holding it on the balance sheet until such time as the Company’s Bitcoin holdings reach a level equal to 100% of the market capitalization of its common stock. By doing so, the Company is effectively acquiring Bitcoin to “pair” to its market cap, reinforcing its belief that digital assets, particularly Bitcoin, provide a long-term store of value that complements the Company’s artificial intelligence (“AI”) and data center initiatives.
“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. “We are fully committed to continuing to mine Bitcoin and retain it on our balance sheet until we achieve parity with our market capitalization. This disciplined approach underscores our conviction in Bitcoin as a core reserve asset for Hyperscale Data, and it runs in parallel with our expansion of the AI data center in Michigan, which we believe represents a separate, compelling growth story for the Company and its stockholders.”
The Company emphasized that its Bitcoin accumulation strategy is not a substitute for its core business but rather a complement. Hyperscale Data continues to invest in expanding its AI data center footprint, with current operations in Michigan and planned growth in Montana that together are expected to scale into hundreds of megawatts of AI-optimized infrastructure, subject to the negotiation and execution of an agreement with the local utility provider and securing appropriate funding. By combining digital asset reserves with state-of-the-art AI compute facilities, the Company aims to strengthen its balance sheet while positioning itself as a long-term leader in the convergence of AI and blockchain technologies.
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