Hyperscale Data reports $51M in BTC and cash holdings, exceeding its own market cap

Hyperscale Data (NYSE American: GPUS) announced that its combined Bitcoin, cash, and restricted cash holdings total approximately $51 million as of September 13. That figure is worth about 136% of the company’s market capitalization as of the following day, which is the kind of math that makes value investors do a double take. The company reported holding 216.9480 BTC valued at roughly $16.7 million, calculated using a Bitcoin price of $76,838.16 per coin. The remaining $34.3 million sits in cash and restricted cash, giving the firm a liquidity cushion that dwarfs its equity valuation. A treasury bigger than the company itself Ault emphasized that this liquidity affords the company a strong position as it pursues AI infrastructure projects while simultaneously engaging in Bitcoin mining. The company operates through its Sentinum subsidiary, which runs a data center in Michigan focused on both AI colocation and hosting services alongside Bitcoin mining operations. Hyperscale isn’t just hoarding digital assets, though. In late August, the company sold approximately 65 BTC for around $5.1 million, using the proceeds to pay down debt. The road to $100 million in digital assets The $51 ...