Bitcoin Treasury Company Hyperscale Data Receives $26.6 Million Litigation Settlement, Holdings Increase to Approximately 633 BTC
Odaily News: Nasdaq-listed Bitcoin treasury company Hyperscale Data announced that its subsidiaries, Ault Lending LLC and RiskOn International, have received a settlement payment from a multi-year litigation, totaling approximately $26.6 million. The specific terms of the related settlement agreement were not disclosed. This cash inflow will further improve the company's liquidity.
Furthermore, according to the latest data disclosed by Hyperscale Data, the company's Bitcoin holdings have increased to 633.8609 BTC. This includes 586.6674 BTC held by its wholly-owned subsidiary Sentinum (approximately 440.2341 BTC acquired on the open market and approximately 146.4333 BTC obtained from its Bitcoin mining operations), and approximately 47.1935 BTC purchased on the open market by another subsidiary, ACG. (PRNewswire)
