Hyperscale Data (NYSE American: GPUS) announced that as of April 5, its Bitcoin treasury is valued at approximately $44.1 million. By the end of that week, the company's cash and restricted cash totaled around $57.9 million, bringing the combined value to about $102 million. According to the announcement, these assets represent approximately 189.92% of the company's current market value based on the closing price on April 6. The company also stated its intention to gradually allocate cash from its digital asset treasury strategy to purchase more Bitcoin.
Hyperscale Data's Bitcoin Holdings Valued at $44.1 Million
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