Hyperscale Data's Bitcoin Holdings Outpace Market Value by $15 Million
Hyperscale Data revealed its Bitcoin holdings, valued at approximately $71.7 million using a closing price of $64,784 per coin.
The company's wholly owned subsidiaries, Sentinum and Ault Capital Group, hold a combined total of 1,106.0467 Bitcoin as of July 27.
A market capitalization of $56.4 million, based on MarketWatch data and backed by FactSet, leaves the disclosed gross Bitcoin value roughly $15 million above the equity value.
The company's liabilities and preferred claims pose significant hurdles for common shareholders' access to the treasury.