Hyperscale Data has increased its Bitcoin holdings to approximately 498 coins and has allocated funds to continue increasing its holdings.

Odaily Planet Daily reports that Hyperscale Data, a NYSE American company, announced it will allocate approximately $75 million to its Bitcoin treasury, representing about 97.5% of the company's market capitalization. Its wholly-owned subsidiary, Sentinum, currently holds 498.4633 Bitcoins (including 428.7868 Bitcoins acquired on the open market and approximately 69.6764 Bitcoins from its Bitcoin mining operations). The company has also allocated $31.5 million in cash to continue purchasing Bitcoins on the open market. (Prnewswire)