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Hyperscale Data holds $56M in Bitcoin and cash, exceeding its market cap, focusing on Michigan AI data center launch.

Market News
29 Sep 2026
PRNewsWire
View Source
Bullish
Hyperscale Data holds $56M in Bitcoin and cash, exceeding its market cap, focusing on Michigan AI data center launch.

Hyperscale Data announced it holds 219.0652 Bitcoin valued at about $18.5 million plus $37.5 million in cash, totaling $56 million, which is 153% of its market capitalization. The company is prioritizing its Michigan AI data center, aiming to bring it online soon to generate free cash flow. Hyperscale Data also plans to divest its private equity arm, Ault Capital Group, in 2027, focusing on AI data center operations and digital assets. This financial strength supports their transition from development to revenue-generating operations in AI infrastructure.

Hyperscale Data holds approximately $56 million in Bitcoin, cash, and restricted cash, representing about 153% of its market capitalization. For readers following the Technology sector, here is Pluang's market snapshot as of September 29, 2026, 17:01 WIB: out of 150 priced US tech stocks, 80 rose and 63 fell. Notable movers include MSTR at USD 160.29 (+2.00%), MDB at USD 341.00 (+1.89%), and AXTI at USD 75.00 (+1.81%), with typical hold times ranging from 16 to 111 days and varying buy/sell order activities.

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