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Hyperscale Data disclosed that its combined bitcoin treasury and cash holdings of approximately $87.1 million represent roughly 73.34% of the company's current market capitalization of common stock, according to a PR Newswire release issued by the company.
What the Disclosure Shows The figure is self-reported in a press release, not independently verified on-chain or by a third-party custodian statement.
At 73.34% of market cap, the ratio means Hyperscale Data is effectively trading at a premium to the liquidation value of just its treasury and cash — a framing the company appears to be using to argue the stock is close to asset-backed.
The release does not break out how much of the $87.1 million is bitcoin versus cash, which limits any direct assessment of crypto exposure.
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