Hyperscale Doubles Down on Bitcoin with Second Major Purchase
Hyperscale Data, Inc. has added to its Bitcoin holdings for the second time in as many weeks. The company acquired an additional 18.594 BTC, bringing its total holdings to 1,106 digital coins.
This latest purchase brings Hyperscale's Bitcoin stash up to $69.7 million at today's prices, with a significant portion of these holdings split across the company's wholly owned subsidiaries, Sentinum, Inc., and Ault Capital Group, Inc. (ACG).
Hyperscale Data's executive chairman, Milton 'Todd' Ault III, stated that acquiring more Bitcoin strengthens the company's balance sheet and expands its financial flexibility.