The actions of Hyperscale Data (GPU) increased up to 12% on Monday after the company confirmed that it had started to acquire XRP, following its plan previously announced to allocate up to $ 10 million to the token as part of a wider digital asset strategy.
In a press release of July 28, the company said it considered XRP as an evolutionary basis for the transfer of cross -border value 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 from August 12, summarizing XRP assets and cumulative activity. The company also plans a 36 -month locking for its XRP reserves and could extend the ceiling of $ 10 million depending on market conditions and the availability of financing.
The action closed up 7.5% to $ 0.7835, after reaching a session top of $ 0.82.
