Hyperscale Data Announces Weekly Reporting of $XRP Acquisitions Beginning August 12th
Rhea-AI Summary
Hyperscale Data (NYSE American: GPUS) has announced it will begin publishing weekly updates on its $XRP acquisition activity starting August 12, 2025. The company has initiated its previously announced strategy to acquire up to $10 million worth of $XRP.
The initiative aims to enhance transparency in digital asset investment operations and demonstrates the company's commitment to long-term $XRP accumulation. Hyperscale Data is considering implementing a 36-month lockup period for its $XRP holdings and potentially expanding the $10 million program, subject to market conditions and available financing.
Positive
- Commitment to transparency through weekly reporting of $XRP acquisitions
- Strategic $10 million investment in $XRP demonstrates confidence in digital assets
- Potential expansion of $XRP investment program beyond initial $10 million
- Proposed 36-month lockup period shows long-term commitment to holdings
Negative
- Implementation of expanded program dependent on securing additional financing
- 36-month lockup period could limit flexibility in responding to market changes
Insights
Hyperscale Data begins $10M XRP acquisition plan with weekly reporting, potentially expanding investment amid strategic cryptocurrency positioning.
Hyperscale Data has moved from announcement to implementation of its
The company's approach shows a methodical investment strategy with three key elements worth noting: (1) regular transparent reporting of acquisitions, (2) a potential 36-month lockup period under consideration, and (3) possible expansion beyond the initial
Hyperscale Data's rationale for selecting XRP specifically centers on its utility for cross-border value transfer and financial infrastructure applications. This aligns with legitimate enterprise use cases rather than purely speculative cryptocurrency investment. The company appears to be positioning this as part of a broader strategic vision connecting AI, energy infrastructure, and future financial systems.
While the
Company Has Begun Previously Announced Intent to Purchase
This initiative is part of Hyperscale Data's broader strategy to enhance transparency around its digital asset investment operations and to underscore its commitment to a disciplined, long-term approach to $XRP accumulation. The weekly reports will summarize all digital asset activity from the prior week and reflect cumulative holdings on the Company's balance sheet. The Company believes that $XRP offers significant potential as a scalable and efficient digital asset for cross-border value transfer and emerging financial infrastructure.
"We believe in the long-term future of artificial intelligence and energy—the demand for energy in the data center space, digital assets, and the demands for what the future holds for finance," stated Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "We view $XRP as a foundational asset in the evolving global financial ecosystem. Our goal is to build a balance sheet that reflects the future of not just computing infrastructure, but of global finance as a whole."
To further align with long-term strategic initiatives, the Company is evaluating a 36-month lockup period for its $XRP holdings, subject to internal milestones and overall market conditions. Additionally, the Board of Directors is actively considering expanding the previously announced
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ("AI") ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data currently expects to divest itself of ACG (the "Divestiture") on or about December 31, 2025, though there can be no assurance that the Divestiture will be completed during 2025. Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company's filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190,
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the
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SOURCE Hyperscale Data Inc.