Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M

TL;DR Hyperscale Data says it held about $56.4 million in Bitcoin, cash and restricted cash as of October 4. That total included 219.9586 BTC valued at roughly $19 million and approximately $37.4 million of cash and restricted cash. The $56.4 million figure is not the value of the company’s Bitcoin alone. Hyperscale Data has given investors a fresh look at the balance sheet behind its Bitcoin and data-center strategy. The NYSE American-listed company said it held approximately $56.4 million in Bitcoin, cash and restricted cash as of October 4. Bitcoin accounted for 219.9586 BTC, which the company valued at around $19 million using a closing price of $86,480. Cash and restricted cash made up the remaining roughly $37.4 million. Bitcoin Is One Part Of A Larger Liquidity Position That breakdown matters because a headline saying Hyperscale has “$56.4 million in Bitcoin reserves” would be wrong. The figure combines the company’s digital asset position with ordinary cash. Hyperscale has been accumulating Bitcoin while also developing its Michigan AI data-center operation, so the balance-sheet update gives investors a sense of how much liquid capacity sits behind both strategies. Executiv...