Hyperscale Data's wholly owned subsidiary's Bitcoin reserves rose to 421.6747, equivalent to approximately $72.25 million.
AI Summary1 min read
TL;DR
Hyperscale Data's subsidiary Sentinum holds 421.6747 Bitcoins, valued at $38 million, with total Bitcoin reserves at $72.25 million, about 83% of the company's market cap. The company also set aside $34.25 million for future Bitcoin purchases.
Tags
BitcoinHalving TokensLayer 1Hyperscale DataSentinumcryptocurrency reservesNYSE American
According to Mars Finance, Hyperscale Data (NYSE American: GPUS), a US-listed company, announced that as of November 30, its total Bitcoin asset reserves amounted to approximately $72.25 million, representing about 83% of the company's market capitalization. Its wholly-owned subsidiary, Sentinum, held approximately 421.6747 Bitcoins, including 59.1978 mined and 362.4768 purchased from the market, with a market value of approximately $38 million based on the closing price of $90,394 on November 30. In addition, the company allocated $34.25 million in cash for future Bitcoin purchases.