24/7 Cryptocurrency News

Hyperscale Data Kicks Off $10M XRP Purchase, GPUS Stock Reacts

Hyperscale Data launches its $10M XRP treasury plan with weekly updates starting August 12. GPUS stock jumps as investors respond.
Published by
Hyperscale Data Kicks Off $10M XRP Purchase, GPUS Stock Reacts

Highlights

  • Hyperscale Data officially kicks off its previously announced plan to acquire up to $10 million worth of XRP by the end of 2025.
  • The company will publish weekly updates on its XRP purchases and holdings to ensure transparency and investor insight.
  • GPUS stock jumped over 11% intraday, settling with a 7% gain after the announcement.

Hyperscale Data (NYSEAMERICAN: GPUS) has announced plans to publish weekly updates on its multi-million-dollar XRP accumulation strategy as it kicks off the process. The company’s stock, listed under the ticker GPUS, responds positively to the announcement.

Advertisement

Hyperscale Data Begins $10M XRP Treasury Plan

Hyperscale Data (formerly known as Ault Alliance and BitNile Holdings, etc) has confirmed that it has begun executing its earlier pledge to acquire up to $10 million worth of XRP by the end of 2025.

In a recent press release, the company revealed that it will begin releasing weekly summaries of its XRP purchase activity, starting August 12, 2025, to promote transparency. These updates will detail cumulative holdings and any changes in its digital asset strategy.

Executive Chairman Milton “Todd” Ault III explained the reasoning behind the pivot: 

We view XRP as a foundational asset in the evolving global financial ecosystem. Our goal is to build a balance sheet that reflects the future of not just computing infrastructure, but of global finance as a whole.

The company is also weighing a potential 36-month lockup period for its XRP holdings. This demonstrates its commitment to long-term strategic growth over short-term trading. Additionally, the board is exploring the idea of expanding its initial $10 million program if market conditions remain favorable and financing is available.

Notably, the announcement from Hyperscale Data comes a few days after Nature’s Miracle revealed its own $20 million XRP treasury program. These actions show that an increasing number of companies are embracing XRP as a valuable and efficient asset for their financial systems.

Advertisement

GPUS Stock Rises as Investors React

Following the announcement, GPUS shares surged as much as 11%. According to Yahoo Finance data, the stock briefly touched $0.82 before settling around $0.7789, still up nearly 7% intraday. 

Source: Yahoo Finance

The combination of active XRP accumulation and the promise of greater reporting transparency has created a fresh narrative for investors tracking Hyperscale Data’s broader ambitions in AI, energy, and digital assets.

In May, Hyperscale Data’s subsidiary, Ault Capital Group, had formally outlined plans to utilize XRP and the XRP Ledger for developing decentralized finance products, real-world asset tokenization, and cross-border settlements. 

By choosing to hold XRP at its fair value on the balance sheet, the firm is directly exposing its quarterly earnings to crypto market volatility, introducing a new dynamic for shareholders to watch.

Other firms have also made significant investments in XRP. Nasdaq-listed Trident is reportedly aiming to build a $500 million corporate XRP treasury, while Thumzup Media Corporation recently approved plans to invest up to $250 million in digital assets, including XRP. For now, the focus will turn to Hyperscale Data’s first weekly report on August 15. Investors will be watching to see how its $10 million XRP plan unfolds.

Advertisement

Share
Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

‘Great Progress’: Cardano Founder Shares Update After CLARITY Act Roundtable

Top crypto market players met at the CLARITY Act roundtable in Washington. Charles Hoskinon confirmed…

September 18, 2025
  • Bitcoin News

Jerome Powell Signals No Rush to Cut Rates, Bitcoin Falls

Fed Chair Jerome Powell has indicated that further rate cuts this year aren't certain and…

September 18, 2025
  • 24/7 Cryptocurrency News

FOMC Meeting: Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The Federal Reserve has made its first Fed rate cut this year following today's FOMC…

September 17, 2025
  • 24/7 Cryptocurrency News

“Beyond a Centralized Exchange” Bitget CEO Unpacks Universal Exchange Vision on 7-Year Anniversary

According to Bitget CEO, the company celebrates its seventh anniversary this year with a new…

September 17, 2025
  • 24/7 Cryptocurrency News

Breaking: CME Group to Launch Solana and XRP Futures Options as Institutional Demand Grows

An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it…

September 17, 2025
  • 24/7 Cryptocurrency News

Franklin Templeton CEO Dismisses 50bps Rate Cut, Citing ‘Robust Economy’ Ahead of FOMC

Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make…

September 17, 2025