Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M

Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M

Summary

Hyperscale Data reported approximately $56.4 million in Bitcoin, cash and restricted cash as of October 4. Its 219.9586 BTC was valued at about $19 million, with the remaining $37.4 million held as cash and restricted cash. The company is developing an AI data center in Michigan, making liquidity important to funding its capital-intensive expansion as well as its Bitcoin strategy.