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XRP Accumulation Plan Boosts Hyperscale Data Stock by 12%
The firm has begun accumulating XRP as part of a $10 million crypto treasury plan, sending shares up 12%.
Jul 29, 2025, 2:53 a.m. 1 min read
What to know:
- Shares of Hyperscale Data rose by 12% after confirming its acquisition of XRP as part of a $10 million digital asset strategy.
- The company plans to publish weekly updates on its XRP holdings starting August 12.
- Hyperscale is considering a 36-month lockup for its XRP reserves and may increase its investment cap based on market conditions.
Shares of Hyperscale Data (GPUS) rose as much as 12% Monday after the company confirmed it has begun acquiring XRP, following through on its previously announced plan to allocate up to $10 million into the token as part of a broader digital asset strategy.
In a July 28 statement, the company said it views XRP as a scalable foundation for cross-border value transfer and emerging financial infrastructure. Executive Chairman Milton “Todd” Ault III called XRP a “foundational asset in the evolving global financial ecosystem.”
Hyperscale plans to publish weekly digital asset updates starting August 12, summarizing XRP holdings and cumulative activity. The company is also considering a 36-month lockup for its XRP reserves and may expand the $10 million cap depending on market conditions and financing availability.
The stock closed up 7.5% at $0.7835, after hitting a session high of $0.82.
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