Hyperscale Data's Bitcoin treasury has increased to 73.5 million dollars, currently holding 234.72 bitcoins

According to PRNewswire, the publicly traded BTC treasury company Hyperscale Data (NYSE American: GPUS) announced that its total Bitcoin asset portfolio amounts to approximately $73.5 million, accounting for about 61% of the company's market value.

As of November 2, the company's wholly-owned subsidiary Sentinum holds approximately 234.72 Bitcoins, including 40.22 mined and 194.5 purchased from the open market (of which 36.37 were newly acquired that week). Based on the closing price of Bitcoin at $110,639 on November 2, the market value of these holdings is approximately $26 million.

The company's Executive Chairman Milton "Todd" Ault III stated that they will continue to reduce short-term market volatility risks through a dollar-cost averaging strategy, advancing their goal of a $100 million digital asset portfolio.