Hyperscale Data: Will keep all mining output BTC and no longer sell it, and will start increasing its holdings of XRP
2025-08-25 14:30:56
Milton "Todd" Ault III, founder and executive chairperson of NYSE American-listed bitcoin miner Hyperscale Data, issued a shareholder letter in which he announced that he will retain all mined bitcoins, effective immediately, and will not sell any bitcoins, which will become an important part of the company's balance sheet. In addition, Hyperscale Data will begin to increase its holdings in XRP and will publish weekly reports on its holdings in bitcoin and Ripple starting September 2.
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