Hyperscale Data, a leading data center company, recently announced that it has begun purchasing XRP as part of its plan to acquire up to $10 million of the token. This news caused the company’s shares to jump up to 12%, showing investor confidence in the decision.
In a statement released on July 28th, Hyperscale Data revealed that it will be providing weekly updates on its digital asset activity, including the cumulative XRP held on its balance sheet. This move is seen as a transparency measure to showcase the company’s long-term accumulation strategy.
Starting on August 12th, Hyperscale Data will begin publishing weekly acquisition updates, giving investors a consistent view of the company’s execution and risk management related to its digital asset program. This comes at a time when many large public firms are exploring treasury exposure to cryptocurrency.
Executive Chairman Milton “Todd” Ault III expressed the company’s belief in XRP as a foundational asset in the evolving global financial ecosystem. He stated, “Our goal is to build a balance sheet that reflects the future of not just computing infrastructure, but of global finance as a whole.”
Hyperscale Data is also considering expanding its $10 million XRP acquisition program, depending on market conditions and available financing. The company is evaluating a 36-month lockup for the XRP it accumulates, tied to internal milestones.
Following the announcement, shares of Hyperscale Data saw a significant increase, climbing as much as 12% from $0.73 to $0.82. As of now, the stock is up 7.5% at $0.7835. While the company did not attribute the move to a specific catalyst, the disclosure of active XRP accumulation and the introduction of a reporting schedule have added a new narrative for investors tracking GPUS alongside its core data center and energy ambitions.
Overall, Hyperscale Data’s decision to invest in XRP showcases its confidence in the token as a scalable and efficient rail for cross-border value transfer and emerging financial infrastructure. With its commitment to transparency and long-term strategy, the company is positioning itself as a key player in the evolving landscape of global finance.