Hyperscale Data's bitcoin treasury climbs to $8M

* Hyperscale Data’s (NYSE:GPUS [https://seekingalpha.com/symbol/GPUS]) bitcoin treasury, including current holdings and committed purchases, has climbed to around $8 million, representing 34% of its public float.
* Holdings have surged from 12% to 34% of market cap in under two weeks, as the company allocates capital with the goal of fully pairing its valuation with Bitcoin.
* The company's wholly owned subsidiary, Sentinum, currently holds $2 million of bitcoin from its crypto asset mining operations. In addition, Hyperscale has earmarked $6 million of cash for Sentinum to make open-market purchases of Bitcoin.
* Upon completion, the company's bitcoin treasury reserve [https://seekingalpha.com/pr/20236645-hyperscale-data-marches-toward-100-percent-bitcoin-pairing-as-treasury-climbs-to-8-million] will total approximately $8 million.

MORE ON HYPERSCALE DATA

* Hyperscale Data launches $100M Bitcoin treasury strategy [https://seekingalpha.com/news/4494843-hyperscale-data-launches-100m-bitcoin-treasury-strategy]
* Hyperscale Data announces "at-the-market" offering of common stock [https://seekingalpha.com/news/4490603-hyperscale-data-announces-at-the-market-offering-of-common-stock]
* Financial information for Hyperscale Data [https://seekingalpha.com/symbol/GPUS/income-statement]