financetom
Business
financetom
/
Business
/
What's Going On With Hyperscale Shares Wednesday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Hyperscale Shares Wednesday?
Apr 2, 2025 1:37 PM

Hyperscale Data, Inc. ( GPUS/PD ) stock traded higher on Wednesday after the company announced its subsidiary, Sentium, mined an additional 56 Bitcoin from January to March 2025.

What To Know: The new 56 Bitcoin (CRYPTO: BTC) mined this year brings the company’s total holdings to 3,061 since its inception in March 2021.

“The company is proud of the Sentinum team and the efficiency with which the mining operations are run. We believe it is important to update stockholders on our current and historical Bitcoin mining operations and of Sentinum’s accomplishments in the Bitcoin mining space,” stated William B. Horne, CEO of Hyperscale.

“The company has previously noted its intentions to relocate the majority of its Bitcoin mining operations concurrently with the buildout of its Michigan Data Center and will continue to update stockholders as this progresses.”

GPUS Price Action: Hyperscale shares closed 16.6% lower at $2.70, according to data from Benzinga Pro.

See Also:

Nvidia Stock Is Down Nearly 20% YTD: What’s Going On?

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Renault's EV unit Ampere teams up with LGES, CATL on battery technology
Renault's EV unit Ampere teams up with LGES, CATL on battery technology
Jul 1, 2024
PARIS/SEOUL (Reuters) -Renault's electric vehicle unit Ampere said on Monday it would include lithium iron phosphate (LFP) technology in its plans to mass produce EVs, teaming up with LG Energy Solution (LGES) and CATL to build a supply chain in Europe. Western automakers are under pressure to expand their range of chemical battery technologies to meet the needs of all...
Salesforce shareholders reject compensation plan for CEO, other top executives
Salesforce shareholders reject compensation plan for CEO, other top executives
Jul 1, 2024
(Reuters) - A majority of Salesforce ( CRM ) shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, according to a security filing on Monday. The resolution to approve the compensation received 339.3 million votes in favor versus 404.8 million against, the filing said. For the 2024 financial year, Benioff received $39.6 million in...
FAA slowing flights at Newark airport over traffic control staffing
FAA slowing flights at Newark airport over traffic control staffing
Jul 1, 2024
(Reuters) - Flights into and out of Newark airport, that serves many New Yorkers, will be slowed due to traffic controller staffing issues at a control center, the Federal Aviation Administration said on Monday. (Reporting by David Shepardson and Costas Pitas) ...
Hindenburg gets letter from Indian regulator about Adani short bet
Hindenburg gets letter from Indian regulator about Adani short bet
Jul 1, 2024
July 1 (Reuters) - U.S-based short-seller Hindenburg Research said on Monday India's securities regulator had sent it a letter outlining suspected violations over its short bet against Adani Group last year and revealed it may barely come out above breakeven on its trade. Hindenburg also said Kotak Bank, an Indian firm, created and oversaw an offshore fund structure that was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved