TechFlow, November 4 — According to PRNewswire, Hyperscale Data (NYSE American: GPUS), a U.S.-listed BTC treasury company, announced that its total bitcoin holdings have reached approximately $73.5 million, accounting for about 61% of the company's market capitalization.
As of November 2, the company’s wholly owned subsidiary Sentinum held approximately 234.72 bitcoins, including 40.22 mined and 194.50 acquired through public market purchases (of which 36.37 were newly purchased during the week). Based on Bitcoin’s closing price of $110,639 on November 2, these holdings are valued at approximately $26 million.
Milton "Todd" Ault III, Executive Chairman, stated the company will continue using a dollar-cost averaging strategy to mitigate short-term market volatility and advance toward its goal of building a $100 million digital asset treasury.
