TL;DR
- Strong Accumulation: The company’s Bitcoin treasury already represents 59% of its market capitalization.
- Ambitious Goal: Hyperscale Data aims to accumulate the equivalent of 100% of its market capitalization in the pioneer cryptocurrency.
- Dual Growth Path: Two routes to increase its holdings: self-mining and disciplined purchases on the open market.
The company Hyperscale Data, Inc. (NYSE American: GPUS) has intensified its commitment to the market’s pioneer crypto asset by announcing that its Bitcoin treasury, including current holdings and cash allocated for future purchases, has reached an approximate value of $54 million.
It is worth noting that this represents 59% of the company’s market capitalization, consolidating its bold shift towards digital assets.
This is a significant strategic move within its $100 million Bitcoin treasury plan. The long-term goal is to accumulate an amount of BTC equivalent to 100% of its market value. With this decision, Hyperscale Data positions itself as one of the publicly traded companies with the largest Bitcoin exposure relative to its size, following a path similar to that of giants like MicroStrategy.
Mining + Open Market Purchases
The accumulation is being carried out through a dual approach. On one hand, its subsidiary Sentinum, Inc. generates new bitcoins through its mining operations. To date, they have mined approximately 29 BTC. On the other hand, the company makes direct purchases on the open market, having already acquired more than 101 BTC this way.
To accelerate this process, Hyperscale Data has allocated an additional $38.9 million in cash to continue with the acquisitions.
The company has emphasized that its purchasing approach is based on a disciplined dollar-cost averaging (DCA) method, designed to mitigate short-term market volatility while building a solid reserve position.
This Bitcoin treasury strategy reflects the management’s conviction in the long-term value of the digital asset and its fundamental role in the future digital economy, combining it also with its focus on data centers for artificial intelligence.
