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Hyperscale Data holds $53M in cash and Bitcoin, nearly double its market cap, investing in AI data center growth.

Market News
04 Sep 2026, 13:45 WIB
PRNewsWire
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Bullish
Hyperscale Data holds $53M in cash and Bitcoin, nearly double its market cap, investing in AI data center growth.

Hyperscale Data announced it holds approximately $36 million in cash and restricted cash, plus about 215 Bitcoin valued at $18 million, totaling around $53 million in assets. This amount is nearly twice the company's equity market capitalization as of September 3, 2026. The company sold some Bitcoin to fund the expansion of its Michigan AI data center under a 10-year master services agreement with a neocloud provider, expected to generate over $1.2 billion if extended to 20 years. Hyperscale Data believes this investment will create greater long-term value, noting the market currently undervalues the company's assets relative to its market cap.

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