Hyperscale Data Approaches $100M Bitcoin Treasury Target as Holdings Reach $73.5M
Hyperscale Data Inc. is close to its $100 million Bitcoin goal, with its Bitcoin now worth $73.5 million, accounting for 61% of the company’s total value.
As of November 2 closing price of $110,639 per Bitcoin, this equals about 234.72 Bitcoins, valued at roughly $26 million. This total includes 40.22 Bitcoins earned from mining and 194.50 Bitcoins bought on the open market, with over 36 Bitcoins purchased just last week.
To maintain transparency, the firm pointed out that it will continue to issue weekly reports every Tuesday morning detailing its Bitcoin holdings as it advances towards the $100 million Digital Asset Treasury (DAT) target. Hyperscale also launched an XRP treasury as part of its plans to add cryptocurrency to its balance sheet.
Hyperscale Expands Bitcoin Operations and Diversifies into AI
Hyperscale has set aside $47.5 million to continue Bitcoin accumulation, with the company planning to spend about 5% of its funds each week using a steady buying approach so that it can keep purchasing even when prices change.
The plan aligns with the overall trend among large institutions such as Strategy Inc., which recently purchased 397 Bitcoins worth $45.6 million, bringing its total holdings to 641,205 Bitcoins valued at over $69 billion.
In addition, Hyperscale is rapidly expanding its Bitcoin mining operations, with the recent acquisition of 2,000 Bitmain S21 Pro machines. This adds to its initial order of 2,099 S21+ mining rigs, bringing the total to 4,099 miners, which will double its mining power and grow its Bitcoin holdings.
Besides mining, Hyperscale is growing into AI and cloud services through the Alliance Cloud Services. It plans to launch an on-demand cloud platform with NVIDIA GPUs in early 2026, offering high-performance computing for business customers.