Hyperscale Data has officially started purchasing XRP, aiming to accumulate up to $10 million worth of the token by 2025. It is a first step into a broader digital asset strategy and comes as institutional interest in the use case of XRP continues to rise.
The Ault Alliance company revealed it on July 28. Hyperscale also reasserted that acquisition reports every week, from August 12, collating the past week’s XRP action and balance sheet holdings, will be published to provide more clarity to investors.
Upon announcing, Hyperscale’s stock (GPUS) gained up to 12%, increasing from $0.73 to $0.82 within the day. According to Yahoo Finance data, shares then stabilized around $0.7789, gaining 7.5%. The company attributed the surge to higher interest by investors.
XRP seen as foundational in future finance
Executive Chairman Milton “Todd” Ault III emphasized XRP’s ability to redefine finance. He said that a token serves as a cornerstone asset in the international financial infrastructure.
“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.”
Hyperscale is also considering a 36-month lockup in its positions within XRP, showing a commitment to long-term strategic development and not to near-term speculation. The board may also expand the $10 million agenda should market conditions remain promising and funding permit.
Nature’s Miracle recently launched a $20 million XRP treasury strategy, a sign that corporate enthusiasm for XRP is growing. There are even other corporations, including Trident and cryptocurrency, including XRP.
Hyperscale adds clarity to crypto exposure
Hyperscale’s XRP strategy includes a week-by-week purchase list update starting on August 12. The reports will feature weekly action and total XRP held, bringing into view clarity. In May, its subsidiary Ault Capital outlined plans to utilize the XRP Ledger to facilitate decentralized finance, cross-border settlement, and real-world asset tokenization.
By maintaining XRP’s fair market value, Hyperscale exposes its financials to crypto market fluctuations. This brings volatility to earnings, giving another variable to be monitored by shareholders. Everyone then awaits the initial acquisition report, August 15.
