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Hyperscale sells Bitcoin to boost cash flow, still holds $61M in BTC.

Market News
04 Aug 2026
Bitcoin Magazine
View Source
Neutral
pluang ai news

Hyperscale Data, Inc. sold about 150.5 Bitcoin last week while buying 15 BTC, reducing its holdings from over 1,106 BTC to 958.5 BTC, worth around $61 million. The company aims to maintain a long-term Bitcoin position but is selling some to generate cash flow for data center operations. Hyperscale plans to build a $100 million digital asset treasury and match its Bitcoin holdings to market value, following a strategy similar to MicroStrategy. This move comes amid Bitcoin trading nearly 50% below its peak and the company’s stock facing pressure.

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Law firm investigates fiduciary breaches at Erasca, Insulet, Power Solutions, and PROCEPT for misleading shareholders.

Law firm investigates fiduciary breaches at Erasca, Insulet, Power Solutions, and PROCEPT for misleading shareholders.

Grabar Law Office is investigating claims against Erasca, Insulet, Power Solutions International, and PROCEPT BioRobotics for alleged breaches of fiduciary duties and misleading shareholders. The investigations focus on issues such as misleading stat...

Market News
Bearish
1 hour ago
VINCI reports total shares and voting rights as of July 31, 2026, confirming capital structure details.

VINCI reports total shares and voting rights as of July 31, 2026, confirming capital structure details.

VINCI, a French public limited company, disclosed the total number of shares forming its capital and the total voting rights as of July 31, 2026. The company has 587,033,654 shares and the same number of theoretical voting rights, with 554,842,442 vo...

Company Fundamentals
Neutral
1 hour ago
Global advanced carbon materials market forecasted to grow through 2037 driven by EVs, renewables, aerospace, and AI.

Global advanced carbon materials market forecasted to grow through 2037 driven by EVs, renewables, aerospace, and AI.

A new market report forecasts significant growth in the global advanced carbon materials sector through 2037, driven by rising demand in electric vehicles, renewable energy, aerospace, defense, and AI infrastructure. The report covers 16 material cat...

Market News
Bullish
2 hours ago
Kimberly-Clark misses Q2 earnings and revenue estimates, lowers growth outlook amid market challenges

Kimberly-Clark misses Q2 earnings and revenue estimates, lowers growth outlook amid market challenges

Kimberly-Clark reported Q2 earnings per share of $1.80, missing the expected $2.01, and revenue of $4.19 billion, slightly below the $4.22 billion forecast. The company lowered its growth expectations due to cautious consumer spending, a fire at a di...

Company Fundamentals
Bearish
2 hours ago
Amgen expects 2.9% revenue growth but 7% earnings decline in Q2 2026 amid strong drug sales.

Amgen expects 2.9% revenue growth but 7% earnings decline in Q2 2026 amid strong drug sales.

Amgen is set to report its Q2 2026 earnings with analysts forecasting a 2.9% increase in revenue to about $9.45 billion, despite a projected 7% drop in earnings to $5.60 per share. The company benefits from strong sales of key drugs like Repatha, Tez...

Company Fundamentals
Bullish
2 hours ago
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