Hyperscale Data: Plans to spend $5 million to increase BTC holdings before September 23

Hyperscale Data, a NYSE American-listed company, announced today that it will formally implement its previously announced $100 million Bitcoin treasury strategy. The company will purchase $5 million worth of Bitcoin on the open market through its wholly-owned subsidiary, Sentinum, by September 23rd to expand its balance sheet. The company will disclose the increase in Bitcoin holdings at that time. Upon completion of the transaction, the company's Bitcoin holdings could be valued at $7 million. (PRNewswire)