Wu Shuo has learned that Hyperscale Data, a NYSE American-listed company under the New York Stock Exchange, disclosed that as of March 15, its bitcoin vault held a total of 622.4 BTC, with a market value of approximately $45.3 million calculated at the BTC closing price of $72,790 on that day. Based on the market value corresponding to the closing stock price on March 16, the company's cash, restricted cash, and bitcoin combined total approximately $85.7 million, which is approximately 161.23% of the current market value. The company's board chairman stated that there is a significant gap between the company's valuation and asset value, and the company is considering gradually allocating cash designated for digital asset vault strategy to bitcoin purchases.
Wu Shuo has learned that Hyperscale Data, a NYSE American-listed company under the New York Stock Exchange, disclosed that as of March 15, its bitcoin vault held a total of 622.4 BTC, with a market value of approximately $45.3 million calculated at the BTC closing price of $72,790 on that day. Based on the market value corresponding to the closing stock price on March 16, the company's cash, restricted cash, and bitcoin combined total approximately $85.7 million, which is approximately 161.23% of the current market value. The company's board chairman stated that there is a significant gap between the company's valuation and asset value, and the company is considering gradually allocating cash designated for digital asset vault strategy to bitcoin purchases.