Summary
- Hyperscale Data recently expanded its Bitcoin holdings to 382 BTC.
- The company said it is strengthening its asset accumulation strategy through a weekly Bitcoin buying (DCA) strategy and increased mining output.
- Hyperscale Data said it aims to enter the top 10 Bitcoin-holding companies in the long term.
U.S. AI data center company Hyperscale Data has recently increased its Bitcoin (BTC) holdings, rising to the upper ranks among publicly listed companies by Bitcoin holdings.
On the 24th (local time), PR Newswire reported that Hyperscale Data said it now holds a total of 382 BTC after strengthening its Bitcoin financial strategy. This is more than double the previously estimated holding of 150 BTC according to BitcoinTreasuries. The company said this places it roughly within the top 75 globally listed companies by Bitcoin holdings.
The company cited ▲ increasing mining output based on its AI data centers ▲ continuing a weekly Bitcoin buying (DCA) strategy as reasons for expanding Bitcoin purchases. However, the filing did not disclose when or how many bitcoins were recently added, nor did it provide separate detailed purchase records.
The company plans to accelerate building a "corporate Bitcoin treasury" while pursuing both data center-based mining and asset accumulation strategies. Milton Todd Alt, chairman of Hyperscale Data, said, "We maintain our existing strategy of mining daily and buying weekly," and added, "Our long-term goal is to rank among the top 10 Bitcoin-holding companies."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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