According to Foresight News, Hyperscale Data, a company listed on the NYSE American, has announced plans to sell its existing XRP holdings as part of a strategic shift towards a Bitcoin treasury model. This move marks the initial phase of the company's $100 million Bitcoin fund strategy.
Hyperscale Data has disclosed that it currently holds 15.0022 Bitcoins, valued at approximately $1,731,000. The company intends to further increase its Bitcoin holdings through purchases in the open market.
This strategic pivot underscores Hyperscale Data's commitment to focusing exclusively on Bitcoin as part of its financial strategy, aligning with broader trends in the cryptocurrency market.
