Hyperscale Data Liquidates Remaining 211.56 Bitcoin, Current Holdings Drop to Zero
Nov 11, 08:15
On November 11 that, according to disclosures from Bitcoin Treasuries, publicly traded company Hyperscale Data (NYSE American: GPUS) announced it has sold its remaining 211.56 Bitcoin holdings to repay debt and support data center construction. Currently, the company's Bitcoin holdings have been reduced to zero.
Despite liquidating its existing Bitcoin reserves, Hyperscale Data continues to operate one of its Bitcoin mining facilities. The company anticipates that future Bitcoin holdings will come primarily from its own mining operations, rather than direct market purchases.