Hyperscale Data Announces Bitcoin Treasury Increased to 622.4378 BTC

According to the company’s official announcement, Hyperscale Data said its Bitcoin treasury is worth about $45.3 million and outlined a $100 million balance-sheet target.

BTC

Summary

Hyperscale Data said in an official announcement that its Bitcoin treasury increased to 622.4378 BTC, valued at about $45.3 million. The company stated that subsidiary Sentinum holds 575.2443 BTC, while ACG purchased 47.1935 BTC on the open market. According to the announcement, Hyperscale Data is targeting $100 million in Bitcoin on its balance sheet.

Terms & Concepts
  • Bitcoin treasury: A corporate reserve strategy in which a company holds Bitcoin on its balance sheet as part of its treasury assets.
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.