Hyperscale Data Inc. (NYSE American: GPUS) announced this week that its proposed acquisition of up to $10 million in XRP will be held exclusively on its balance sheet, unaffected by the potential divestiture of its subsidiary Ault Capital Group Inc. (ACG). The company reaffirmed that even if the spin-off occurs around Dec. 31, 2025, ownership of the XRP assets will remain with Hyperscale Data.
Strategic Treasury Allocation
Executive chairman Milton “Todd” Ault III stated: “Hyperscale Data is continuing on its path to becoming a pureplay data center business and we believe this XRP acquisition strategy will be a key part of the company’s overall treasury strategy.” The firm is repositioning itself as a core infrastructure provider in AI and high-performance computing while embracing XRP as a scalable digital asset for cross-border value transfer.
Long-Term Lockup Considered
To align with long-term strategic initiatives, the company is evaluating a 36-month lockup period for its XRP holdings, subject to internal milestones and overall market conditions. Additionally, the Board of Directors is actively considering expanding the previously announced $10 million XRP program in response to favorable market conditions, pending available financing. “The company believes that XRP offers significant potential as a scalable and efficient digital asset for cross-border value transfer and emerging financial infrastructure,” the firm added.
Subsidiary’s Independent Path
Hyperscale Data also clarified that ACG intends to initiate its own XRP accumulation strategy. The company will provide stockholders with an update on ACG’s XRP acquisition strategy and previously announced XRP lending platform in the coming months. Holders of Series F Preferred Stock must exchange their shares to receive equity in ACG, a move necessary for participation in the post-divestiture entity. Starting Aug. 12, 2025, Hyperscale Data will release weekly reports summarizing XRP-related activities and cumulative holdings.
Proponents of XRP point to its speed and transaction efficiency as key reasons why it continues to attract institutional interest. Hyperscale Data’s move underscores the growing role of XRP in corporate treasury management as more public companies diversify their digital asset reserves.