Hyperscale Data reports bitcoin treasury totals $50.3M

Hyperscale Data (GPUS) announced that its Bitcoin treasury, consisting of Bitcoin generated from mining operations and Bitcoin acquired in the open market, totaled approximately $50.3M, based on the Bitcoin closing price of $75,872 on April 20. The Company has once again surpassed the halfway mark towards its broader goal of a $100M Bitcoin treasury goal. “Crossing $50M in Bitcoin for a second time is a significant milestone for the Company and underscores our conviction that Bitcoin should remain a core balance sheet asset,” stated Milton Ault III, Executive Chairman. “With approximately 663.3130 Bitcoin, we are already more than hallway to our goal of building a $100M Bitcoin treasury. We intend to continue executing on that strategy through both mining and open-market purchases as we strengthen the Company’s long-term asset base.”