$GPUSJun 16, 2026, 1:51 PMAI processed
GPUS: $87.1M of Bitcoin + cash equals ~73% of market cap
AI Summary
Hyperscale Data (NYSE American: GPUS) reported it held 713.5884 BTC (≈ $46.9M at $65,710/BTC on June 14, 2026), ~$40.2M of cash/restricted cash and 10,000 oz silver, for a combined ~$87.1M that represents ~73.34% of the company's market capitalization based on the June 15 close. The Bitcoin holdings are held by subsidiaries Sentinum and Ault Capital Group (ACG); the company said neither subsidiary bought BTC in the week ended June 14 and expects to divest ACG in Q2 2027 via an exchange offer tied to Series F preferred stock.
Positives
- Holds 713.5884 BTC (~$46.9M) and ~$40.2M cash/restricted cash as of June 14, 2026
- Combined cash + Bitcoin (~$87.1M) equals ~73.34% of market cap (based on June 15 close)
- Crypto and cash holdings are held in wholly owned subsidiaries (Sentinum and ACG)
Negatives
- Roughly three-quarters of market value is concentrated in Bitcoin and cash, not operating assets
- Company valuation is therefore sensitive to Bitcoin price volatility (BTC value quoted at $65,710/BTC)
- Planned ACG divestiture (expected Q2 2027) is not complete and depends on a Series F surrender/exchange process