Hyperscale Data, a publicly traded company on NYSE American, has revealed its Bitcoin holdings as of March 15th. The company's Bitcoin treasury contains 622.4 BTC, valued at approximately $45.3 million based on the closing price of $72,790 on that day. When considering the company's cash, restricted cash, and Bitcoin holdings, the total asset value reached an estimated $85.7 million as of March 16th. This figure represents approximately 161.23% of the company's current market capitalization. The Chairman of Hyperscale Data's Board of Directors highlighted a significant disparity between the company's valuation and its asset value. Consequently, the company is exploring the possibility of gradually allocating its available cash to further purchase Bitcoin for its digital asset treasury strategy. #crypto #blockchain #news #BTC #Bitcoin