Blab Crypto
Hyperscale Data Surpasses $70 Million in Bitcoin Holdings, Exceeding Company Market Cap
Hyperscale Data, Inc. (NASDAQ: GPUS), an AI‑focused data‑center operator, disclosed on Tuesday that its Bitcoin (BTC) holdings have risen to 1,087.4527 BTC, a value of roughly $72.4 million at current market prices. The company’s total treasury now exceeds its market capitalization of about $63 million.
The BTC inventory is held through the company’s wholly‑owned subsidiaries Sentinum, Inc. and Ault Capital Group, Inc. (ACG). During the week ended July 19, ACG purchased an additional 51.5 BTC on the open market, bringing its cumulative holdings to 1,035.9527 BTC. Sentinum’s holdings total 130.7807 BTC, comprising 101.7068 BTC bought on the open market and 29.0739 BTC mined in its own operations.
The increase represents a near‑doubling of the company’s position since late March 2026, when it reported 627.9 BTC. In the four months between March and July, Hyperscale added roughly 460 BTC. The company has stated that it is targeting a $100 million digital‑asset treasury and that it seeks full parity between its BTC holdings and its market cap.
Executive Chairman Milton “Todd” Ault III commented that the company now holds more than $70 million in Bitcoin. He added that the market appears to assign zero value to the company’s cash reserves, its Michigan data‑center assets, and its broader operating portfolio, and that Hyperscale will continue to pursue its treasury strategy.
The share price of GPUS is trading near $0.13, a level that has made the company one of the most heavily discounted listings on the NYSE American exchange. The company’s market cap has remained below its BTC holdings for several months, a situation that is rare among corporate treasuries that hold Bitcoin.
Hyperscale’s approach follows the model popularized by MicroStrategy (NASDAQ: MSTR). Under the leadership of Michael Saylor, MicroStrategy shifted from a software business to a Bitcoin‑centric treasury, buying the cryptocurrency and allowing investors to gain exposure through the company’s shares. MicroStrategy’s strategy has become a reference point for other firms that wish to add Bitcoin to their balance sheets.
Unlike MicroStrategy, whose Bitcoin holdings are a fraction of its market cap, Hyperscale’s BTC inventory now outstrips the company’s entire market value. The company’s goal of a $100 million treasury is therefore already within reach, and the next milestone will be to align the value of its BTC holdings with its market capitalization.
The company’s data‑center operations, primarily located in Michigan, support its AI‑driven services and also provide the infrastructure for its mining activities. Sentinum’s mining operations contribute a portion of the company’s BTC holdings, while ACG’s open‑market purchases drive the bulk of the growth.
Industry observers note that the rapid accumulation of Bitcoin by a data‑center operator underscores the growing link between AI infrastructure and digital‑asset investment. As AI workloads demand large amounts of compute, companies that operate data centers are increasingly looking to Bitcoin as a hedge and a source of liquidity.
The company has not yet announced any plans to sell or liquidate its BTC holdings. It has also not disclosed any regulatory or compliance actions related to its treasury strategy.
In summary, Hyperscale Data’s BTC holdings now exceed its market cap, placing the company in a unique position among corporate treasuries. The firm’s continued purchases and its stated goal of a $100 million treasury suggest that it will maintain a significant Bitcoin position for the foreseeable future.
The BTC inventory is held through the company’s wholly‑owned subsidiaries Sentinum, Inc. and Ault Capital Group, Inc. (ACG). During the week ended July 19, ACG purchased an additional 51.5 BTC on the open market, bringing its cumulative holdings to 1,035.9527 BTC. Sentinum’s holdings total 130.7807 BTC, comprising 101.7068 BTC bought on the open market and 29.0739 BTC mined in its own operations.
The increase represents a near‑doubling of the company’s position since late March 2026, when it reported 627.9 BTC. In the four months between March and July, Hyperscale added roughly 460 BTC. The company has stated that it is targeting a $100 million digital‑asset treasury and that it seeks full parity between its BTC holdings and its market cap.
Executive Chairman Milton “Todd” Ault III commented that the company now holds more than $70 million in Bitcoin. He added that the market appears to assign zero value to the company’s cash reserves, its Michigan data‑center assets, and its broader operating portfolio, and that Hyperscale will continue to pursue its treasury strategy.
The share price of GPUS is trading near $0.13, a level that has made the company one of the most heavily discounted listings on the NYSE American exchange. The company’s market cap has remained below its BTC holdings for several months, a situation that is rare among corporate treasuries that hold Bitcoin.
Hyperscale’s approach follows the model popularized by MicroStrategy (NASDAQ: MSTR). Under the leadership of Michael Saylor, MicroStrategy shifted from a software business to a Bitcoin‑centric treasury, buying the cryptocurrency and allowing investors to gain exposure through the company’s shares. MicroStrategy’s strategy has become a reference point for other firms that wish to add Bitcoin to their balance sheets.
Unlike MicroStrategy, whose Bitcoin holdings are a fraction of its market cap, Hyperscale’s BTC inventory now outstrips the company’s entire market value. The company’s goal of a $100 million treasury is therefore already within reach, and the next milestone will be to align the value of its BTC holdings with its market capitalization.
The company’s data‑center operations, primarily located in Michigan, support its AI‑driven services and also provide the infrastructure for its mining activities. Sentinum’s mining operations contribute a portion of the company’s BTC holdings, while ACG’s open‑market purchases drive the bulk of the growth.
Industry observers note that the rapid accumulation of Bitcoin by a data‑center operator underscores the growing link between AI infrastructure and digital‑asset investment. As AI workloads demand large amounts of compute, companies that operate data centers are increasingly looking to Bitcoin as a hedge and a source of liquidity.
The company has not yet announced any plans to sell or liquidate its BTC holdings. It has also not disclosed any regulatory or compliance actions related to its treasury strategy.
In summary, Hyperscale Data’s BTC holdings now exceed its market cap, placing the company in a unique position among corporate treasuries. The firm’s continued purchases and its stated goal of a $100 million treasury suggest that it will maintain a significant Bitcoin position for the foreseeable future.
