TechFlow, Sept. 2 — Hyperscale Data (NYSE American: GPUS), a publicly traded company on the NYSE American, announced today its plan to add approximately $20 million worth of Bitcoin to its balance sheet, with funds partially coming from its recently announced "at-the-market" common stock offering. The company, currently valued at around $15 million in market capitalization, believes that increasing its Bitcoin holdings will provide a stable foundation for its balance sheet and highlight that its tangible asset value significantly exceeds its current stock price.
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