Overview
- Hyperscale Data, which disclosed the figures Tuesday, said its cash, restricted cash, and Bitcoin total about $102 million, or roughly 189.92% of its market capitalization based on the April 6 close.
- The company reported $57.9 million in cash and restricted cash and valued 639.2135 Bitcoin at about $44.1 million using Bitcoin’s April 5 closing price of $68,982.
- Subsidiaries held the coins as of April 5, with Sentinum at 591.3761 BTC and Ault Capital Group at 47.1935 BTC, and neither unit bought Bitcoin in the most recent week.
- Executives said the firm will deploy allocated cash into additional Bitcoin over time, pairing a digital-asset treasury with AI data center operations.
- Shares traded around 14 cents with intraday swings in early Tuesday trading, underscoring investor skepticism despite the company’s reported liquid assets and Bitcoin balance.