Hyperscale Data Silver Reserve Strategy Launch Plan, Intending to Purchase 100,000 Ounces of Silver
BlockBeats News, February 18, Hyperscale Data, a US-listed company, announced that it will launch a strategic silver reserve plan, aiming to acquire 100,000 ounces of silver over time, intending to solidify its balance sheet long-term like Bitcoin.
The company's total Bitcoin holdings have increased to about 600 BTC, including approximately 554 BTC held by its wholly-owned subsidiary Sentinum and about 46 BTC purchased from the open market by another subsidiary, ACG.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
