Hyperscale Data Increases Bitcoin Holdings to $44 Million
Hyperscale Data, Inc. (NYSE American: GPUS) today revealed that it now holds 627.8970 Bitcoin, valued at approximately $44 million as of March 22, 2026. This represents a steady increase from the 617 Bitcoin reported on March 10, 2026, demonstrating the company's ongoing accumulation. Executive Chairman Milton “Todd” Ault III reaffirmed the company's commitment to its Bitcoin treasury strategy, stating: “We continue to make progress towards our goal of accumulating $100 million of Bitcoin on the Company’s balance sheet.”
Total Financial Holdings Reach $91.5 Million, Exceeding Market Cap
In addition to its Bitcoin assets, the company holds $47.5 million in cash and restricted cash, bringing total financial holdings to $91.5 million. As of March 23, 2026, this equates to 147.07% of its market capitalization. This unusual situation—where cash and Bitcoin exceed the company's equity value—underscores Hyperscale Data's conviction in Bitcoin as a superior store of value. The company's strategy is to achieve 100% parity between Bitcoin holdings and market capitalization, forming part of a broader $100 million digital asset treasury initiative.
Corporate Strategy: Building a $100 Million Bitcoin Treasury
Hyperscale Data is executing a deliberate Bitcoin treasury strategy that positions Bitcoin as the primary reserve asset. By gradually increasing its Bitcoin stack relative to its market cap, the company aims to maximize shareholder value in line with Bitcoin's long-term appreciation. The $100 million digital asset treasury target remains a key milestone, currently about 44% complete. This approach reflects a strong belief in Bitcoin’s potential as a strategic asset and aligns with a growing trend among corporations adopting Bitcoin for treasury management.
Emulating MicroStrategy: The Bitcoin-as-Treasury Playbook
Hyperscale Data is following a model pioneered by Strategy Inc. (MSTR), formerly MicroStrategy. Under Michael Saylor, Strategy transformed from a traditional software company into a firm whose primary reserve asset is Bitcoin. It uses capital markets—equity issuance and convertible debt—to finance Bitcoin purchases, aiming to maximize “BTC per share” and create a high-beta proxy for Bitcoin. This treasury model has inspired other corporations, including Hyperscale Data, to consider adding Bitcoin to their balance sheets. The success of Strategy’s approach demonstrates that Bitcoin can serve both as a treasury hedge and a levered exposure vehicle for shareholders.