MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: Hyperscale Data Reports Weekly and Total $XRP Purchases
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$71,493.000.93%
  • ethereumEthereum(ETH)$2,093.320.75%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$658.760.71%
  • rippleXRP(XRP)$1.422.01%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$87.600.52%
  • tronTRON(TRX)$0.2979000.43%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00-1.92%
  • dogecoinDogecoin(DOGE)$0.095006-0.28%
Press Releases

Hyperscale Data Reports Weekly and Total $XRP Purchases

Last updated: August 26, 2025 5:25 pm
Published: 7 months ago
Share

LAS VEGAS, Aug. 26, 2025 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced it that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), has reported the acquisition of 8,420 tokens of $XRP during the week of August 18 through August 24, 2025, at an average purchase price of $2.9690 per $XRP, representing a total investment of approximately $25,000.

This weekly acquisition adds to Sentinum’s growing position in $XRP:

Based upon the $XRP closing price on August 24, 2025, of $3.0259, Sentinum’s $XRP holdings of 31,420 tokens had a current market value of $95,073.78.

The Company will continue to issue these weekly press releases reporting Sentinum’s $XRP acquisitions on a weekly basis, providing transparency into its digital asset investment activities. Additionally, the Company recently announced plans to begin holding Bitcoin earned through Bitcoin mining activities on its balance sheet. The Company plans to begin reporting its Bitcoin holdings on September 2, 2025.

“The Company’s decision to hold the Bitcoin it earns through Bitcoin mining activities on its balance sheet is a big step forward in progressing its digital asset strategy,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “We believe that Bitcoin and $XRP are both integral parts of the future of the digital asset markets and we see a growing number of established financial institutions that are adopting the use of these two digital assets.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at http://www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the first quarter of 2026. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at http://www.sec.gov and on the Company’s website at hyperscaledata.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyperscale-data-reports-weekly-and-total-xrp-purchases-302538280.html

Read more on IT News Online

This news is powered by IT News Online IT News Online

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

Stellantis Stock Gains 5% After-Hours On Record $13B Investment in America: Retail Bulls See ‘Parabolic’ Momentum Building
Pacheco: Personal spats put US-India relationship in peril
NetEase Announces Management Change
Confusing outreach marks rollout of proposed data center
Viomi Technology Co., Ltd Provides Update on Share Repurchase Program

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Ping An Insurance (Group) Company of China, Ltd.
Next Article The Miss Palestine Deception: A Beauty Pageant Built on Lies – VINnews
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d