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Hyperscale Data: Will retain all Mining outputs of BTC and will no longer sell, and will start to increase holdings of XRP.
Jinse Finance reports that Milton "Todd" Ault III, founder and executive chairman of Bitcoin mining company Hyperscale Data listed on NYSE American, has issued a shareholder letter announcing that the company will retain all mined Bitcoins. This decision takes immediate effect, and no Bitcoins will be sold, making Bitcoin an important component of the company's balance sheet. Additionally, Hyperscale Data will start increasing its XRP holdings and will publish weekly reports on Bitcoin and Ripple holdings starting from September 2.