Bitcoin treasury company Hyperscale Data launches strategic silver reserve plan to purchase 100,000 ounces of silver

GateNews
BTC1,48%

Odaily Planet Daily reports that Hyperscale Data, a Bitcoin treasury company listed on NYSE American, a subsidiary of the New York Stock Exchange, announced the launch of a strategic silver reserve plan aimed at acquiring 100,000 ounces of silver over a period of time, with the goal of long-term strengthening of its balance sheet, similar to Bitcoin. According to the latest data from Hyperscale Data, the company’s total Bitcoin holdings have increased to approximately 600 BTC, including about 554 BTC held by its wholly owned subsidiary Sentinum and approximately 46 BTC purchased from the open market by another subsidiary, ACG. (PRNewswire)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BitFuFu discloses selling 80 BTC in March, reducing its holdings to 1,794 BTC

Gate News update, April 10: Nasdaq-listed Bitcoin miner BitFuFu disclosed its March operating data. The data shows that BitFuFu sold 80 bitcoins in March, while its mining output during the same period was 214 BTC, including 171 BTC from its cloud mining business and 43 BTC from its self-operated mining business. As of the end of March, BitFuFu’s bitcoin holdings totaled 1,794 coins.

GateNews51m ago

TD Cowen cuts Strategy’s target price to $350 and assigns buy ratings to four digital asset treasury companies, including Sharplink

TD Cowen cut Strategy (MSTR)’s target price by 20.5% to $350, maintained a Buy rating, citing a lowered expectation for the price of bitcoin. For fiscal year 2026, its forecast for bitcoin revenue was reduced to $7.87 billion, and it still believes MSTR will convert demand for market volatility through leverage.

GateNews1h ago

StarkWare researchers propose a quantum-safe Bitcoin scheme that enables post-quantum transactions without requiring a soft fork

The Quantum-Safe Bitcoin (QSB) proposal put forward by StarkWare researcher Avihu Levy uses existing Bitcoin scripts to provide post-quantum security, avoiding a soft fork. QSB uses a Binohash-based construction and a “hash-to-signature” puzzle to defend against quantum computers’ attacks on elliptic curve cryptography. The scheme relies on RIPEMD-160’s preimage resistance, effectively strengthening the security of Bitcoin transactions.

GateNews1h ago

Bhutan Government Transfers 250 BTC Worth $18.05M to New Wallet

Gate News message, the Central Government of Bhutan transferred 250 BTC valued at $18.05 million to a newly created wallet address.

GateNews1h ago

BTC breaks through $72,000, up 1.17% over the past 24 hours

Gate News message, on April 10, market data showed that Bitcoin broke through $72,000, with a 24-hour increase of 1.17%.

GateNews2h ago

Bitcoin 1 Week RSI Breaks Downtrend for First Time Since October Crash, Recovery Rally Ahead?

Bitcoin 1 week RSI breaks downtrend for the first time since October crash. Is a recovery rally expected for crypto prices.  Several possible targets set for bullish and bearish BTC outcomes. Bitcoin and crypto enthusiasts grow hopeful for a promising crypto market price surge as new

CryptoNewsLand2h ago
Comment
0/400
No comments