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Bitcoin Treasury Company Hyperscale Data Receives $26.6 Million Settlement to Further Improve Liquidity
Deep Tide TechFlow message, April 04, according to a report by PRNewswire, Hyperscale Data, a U.S.-listed Bitcoin treasury company, announced that its subsidiaries, Ault Lending LLC and RiskOn International, have received settlement payments from a lawsuit that has taken several years, totaling approximately $26.6 million. The specific terms of the related settlement agreements were not disclosed. This cash inflow will further improve its liquidity.
Also, based on the latest data disclosed by Hyperscale Data, the company’s Bitcoin holdings have increased to 633.8609 BTC, including 586.6674 BTC held by its wholly owned subsidiary Sentinum (acquired approximately 440.2341 BTC in the public markets and approximately 146.4333 BTC obtained through its Bitcoin mining business), as well as approximately 47.1935 BTC purchased in the public markets by its other subsidiary ACG.