Hyperscale Data, a bitcoin treasury company, received a $26.6 million litigation settlement, increasing its holdings to approximately 633 bitcoin.
According to Odaily, US-listed Bitcoin treasury company Hyperscale Data announced that its subsidiaries Ault Lending LLC and RiskOn International have received approximately $26.6 million from the settlement of a multi-year lawsuit. The specific terms of the settlement agreement were not disclosed, but this cash inflow will further improve its liquidity.
In addition, according to the latest data disclosed by Hyperscale Data, the company's Bitcoin holdings have increased to 633.8609 BTC. This includes 586.6674 BTC held by its wholly-owned subsidiary Sentinum (of which about 440.2341 BTC were acquired on the open market and about 146.4333 BTC were obtained through its Bitcoin mining operations), as well as approximately 47.1935 BTC acquired on the open market by another subsidiary, ACG. (PRNewswire)
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