HyperScale Data: Bitcoin Holdings Top Market Cap, but Common Shareholders' Slice Uncertain

GPUS Hyperscale Data Inc

$0.14 -6.41%

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1. 1HyperScale Data (GPUS) disclosed on July 27 that its subsidiary holds 1,106.0467 bitcoins, valued at approximately $71.70 million
2. 2As of July 28, market cap of about $56.40 million is roughly $15 million below the bitcoin value, but total debt of $216.70 million and preferred stock liquidation claim of $90.10 million stand in the way
3. 3An up-to-$300 million ATM offering program and the planned ACG sale in Q2 2027 leave the amount common shareholders will receive undetermined

Source CryptoSlate +1 · View original ↗

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