Hyperscale Data (GPU) shares increased up to 12% on Monday after the company confirmed that it has begun to acquire XRP, after previously announced plan to allocate up to $ 10 million in the Token as part of a broader digital asset strategy.
In a statement on July 28, the company said it sees XRP as a scalable base for cross -border value transfer and emerging financial infrastructure. Executive President Milton “Todd” Ault III called XRP a “fundamental asset in the evolving global financial ecosystem.”
Hyperscale plans to publish weekly updates of digital assets as of August 12, summarizing XRP holdings and cumulative activity. The company is also considering a 36 -month block for its XRP reserves and can expand the $ 10 million limit according to market conditions and financing availability.
The action closed 7.5% at $ 0.7835, after reaching a maximum session of $ 0.82.
