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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

EXPLAINED: Hyperscale data ceo doubles down on bitcoin in candid letter - The Real Truth

Bitcoin Hyperscale Data GPUS Strategy
Bitcoin,Gold,Coin,Spins,On,The,Dark,Blue,Background.,Digital

Hyperscale Data, Inc. (AMEX:GPUS) stock fell Friday after the company’s executive chairman issued a lengthy letter outlining a Bitcoin-centered strategy and detailing the firm’s estimated financial standing.

Founder and Executive Chairman Milton “Todd” Ault III told stockholders the recent pullback in Bitcoin (CRYPTO: BTC/USD) and weakness in AI-linked equities have not changed the company’s outlook.

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