Hyperscale Data: Bitcoin assets surpass company market capitalization

Hyperscale Data (a certain exchange) announced that its bitcoin asset reserves have reached approximately $76.1 million, accounting for 117.76% of the company's market capitalization. As of December 28, its wholly-owned subsidiary Sentinum holds about 519.6787 bitcoins, valued at around $45.6 million, and the company has also set aside $30.5 million in cash for future bitcoin acquisitions. Executive Chairman Milton “Todd” Ault III stated that the company has achieved its goal of having bitcoin and cash reserves equal to 100% of its market capitalization, plans to increase its bitcoin balance sheet to $100 million, and will invest at least 5% of its reserved cash in bitcoin purchases every week, updating its holdings every Tuesday.