TechFlow news, September 16 — According to PRNewswire, Hyperscale Data, Inc. (NYSE American: GPUS) announced it has set aside $5 million through its wholly-owned subsidiary Sentinum, Inc. for purchasing bitcoin in the open market, with plans to acquire at least $5 million worth of bitcoin by September 23.
The company's Executive Chairman Milton "Todd" Ault III stated that the previously announced $100 million bitcoin reserve strategy is being implemented, using a disciplined dollar-cost averaging approach to build a long-term bitcoin position, strengthening the balance sheet and aligning with the digital financial ecosystem.
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