Hyperscale Data’s $85.7M Bitcoin and Cash Holdings Exceed 161% of Market Cap
Hyperscale Data holds 622.4378 Bitcoin (valued at $45.3 million) and $40.4 million in cash, totaling $85.7 million of assets. This sum represents 161.23% of its market capitalization, prompting executives to explore strategic options to correct a perceived undervaluation.
1. Bitcoin and Cash Holdings Overview
As of the week ended March 15, Hyperscale Data held 622.4378 Bitcoin—135.0102 generated from mining and 487.4276 acquired in the open market—valued at $45.3 million based on a $72,790 closing price, alongside $40.4 million in cash and restricted cash.
2. Asset Valuation Relative to Market Cap
Using the closing stock price on March 16, the combined $85.7 million in Bitcoin and cash equates to 161.23% of the company’s market capitalization, indicating that asset value significantly exceeds current equity valuation.
3. Subsidiary Bitcoin Breakdown
The Bitcoin treasury is split between Sentinum, which holds 575.2443 BTC (135.0102 mined; 440.2341 purchased), and Ault Capital Group, which holds 47.1935 BTC, with neither subsidiary acquiring additional Bitcoin during the week ended March 15.
4. Future Strategic and Divestiture Plans
Hyperscale Data intends to deploy all remaining cash into Bitcoin purchases over time and is evaluating strategic actions to address the valuation gap, including the planned divestiture of Ault Capital Group in Q1 2027 to refocus on data center operations and digital asset holdings.