Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M

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Hyperscale Data reported holding approximately $56.4 million in Bitcoin, cash and restricted cash as of October 4. This sum consists of 219.9586 BTC valued at roughly $19 million and $37.4 million in cash, based on a closing price of $86,480 per bitcoin. The NYSE American-listed company is accumulating Bitcoin while developing its Michigan AI data-center operation. Executive Chairman Milton “Todd” Ault III stated that the company remains focused on strengthening its balance sheet to support its core businesses and the expansion of the Michigan site.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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