Hyperscale Data added 67 Bitcoin to its balance sheet, raising total BTC reserves to 849

US-based artificial intelligence data center company Hyperscale Data has announced the addition of 67 more Bitcoin to its reserves. With this latest purchase—which took place between June 30 and July 1—the company’s total Bitcoin holdings have now increased to 849 BTC. That makes Hyperscale Data the second most prominent public company acquiring Bitcoin in July, coming just behind Metaplanet.

Bitcoin reserves reach 849 BTC

Headquartered in Las Vegas, Hyperscale Data has moved up to 49th place among publicly traded companies holding Bitcoin, following its most recent acquisition. With this latest purchase, the company has surpassed Ming Shing Group, Yueda Digital Holdings, and SOS Limited in listed Bitcoin reserves.

The company’s management has positioned Bitcoin as a core asset on its balance sheet. Milton Todd Ault III, Executive Chairman of the Board, stated that Hyperscale Data plans to continue steadily accumulating Bitcoin via a disciplined dollar-cost averaging approach in order to maximize long-term returns for the company.

As an enterprise investing in AI-focused data center infrastructure, Hyperscale Data’s latest Bitcoin purchase comes right after a separate, recently announced addition of 53.54 BTC made just two days earlier. At the time of that statement, the company’s total reserves had climbed to 780.48 BTC.

Stock performance and asset valuation debate

In its announcement dated June 30, the company revealed that the combined value of its Bitcoin, cash, restricted cash, and silver assets was approximately $106.7 million. On that date, this figure amounted to roughly 117% of Hyperscale Data’s common stock market capitalization.

Milton Todd Ault III pointed to these figures as evidence that investors currently undervalue Hyperscale Data. He argued that the market cap of the company’s common shares does not fully reflect the value of its declared assets, operations, or the significant opportunity created by a major service contract at its Michigan-based AI data center.

According to Yahoo Finance, GPUS shares are trading at $0.1529, giving Hyperscale Data a market capitalization of $53.212 million. The company recently signed a computing power agreement with a California-based neocloud provider. Management projects this contract could generate up to $1.2 billion in revenue.

Race with Metaplanet accelerates

On the same day, Metaplanet also announced it had acquired 2,823 BTC as of July 1. This brought Metaplanet’s total Bitcoin holdings to 43,000 BTC, propelling the company to third place among public firms with the largest Bitcoin reserves—surpassing MARA Holdings.

Data from Bitcoin Treasuries shows that total Bitcoin held by public companies now stands at 1.268 million BTC, representing a 0.6% increase over the last 30 days. Despite this rise in holdings, the price of Bitcoin fell more than 10% in the same period. At a price of $61,809, the total value of public companies’ Bitcoin reserves stands at approximately $78.4 billion.

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