Shares of Hyperscale Data Inc ( GPUS/PD ) are trading higher Tuesday morning after the company announced an increase in its Bitcoin (CRYPTO: BTC) holdings. Here’s what investors need to know.

What To Know: The company now holds approximately $41 million in Bitcoin. This move is part of Hyperscale Data’s broader $100 million digital asset treasury strategy, as it aims to execute its plan to accumulate Bitcoin to 100% of its market capitalization.

The company’s subsidiary, Sentinum, Inc., held approximately 90.61 Bitcoin as of Oct. 5, and Hyperscale has allocated another $29.8 million in cash for future open-market Bitcoin purchases. Hyperscale said the company will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million goal.

Benzinga Edge Rankings: According to Benzinga Edge stock rankings, GPUS shows a strong Growth score of 18.23 and a positive short-term price trend.

GPUS Price Action: Hyperscale Data shares were up 13.15% at 70 cents at the time of publication Tuesday, according to Benzinga Pro.

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How To Buy GPUS Stock

By now you're likely curious about how to participate in the market for Hyperscale Data ( GPUS/PD ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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