Hyperscale Data launches silver reserve plan targeting 100,000 ounces

Hyperscale Data, a technology firm focused on AI data centers and Bitcoin mining, announced a strategic plan to accumulate up to 100,000 ounces of silver. The company, traded as GPUS, will use a dollar-cost averaging strategy, similar to its Bitcoin acquisition method, funded by existing cash reserves and liquidity. Executive Chairman Milton “Todd” Ault III views silver as a long-term strategic asset to strengthen the balance sheet while preserving flexibility for expansion. This initiative follows a recent $35.4 million equity raise intended for expanding assets, including Bitcoin, and potentially gold and copper. The announcement coincided with silver correcting from its late January all-time high, trading up 5% on the day, while Hyperscale Data's shares rose 8% post-announcement.

(Source：Crypto Briefing)