Summary
- Hyperscale Data announced a $100 million Bitcoin purchase plan.
- It said it will begin a Bitcoin accumulation strategy through a subsidiary.
- It said that Bitcoin holdings will be disclosed weekly.
Hyperscale Data, listed on the NYSE American, announced a plan to accumulate $100 million worth of Bitcoin (BTC).
On the 15th (local time), according to Investing.com, Hyperscale said, "It plans to begin a $100 million Bitcoin accumulation strategy through a subsidiary." The reserve funds will be raised through the sale of a Montana-based data center and a capital increase. Bitcoin holdings will be disclosed weekly.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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