PANews reported on September 17 that according to PR Newswire, Hyperscale Data, Inc. (NYSE: GPUS) announced that it has allocated US$5 million to purchase Bitcoin on the open market through its wholly-owned subsidiary Sentinum, and plans to purchase at least US$5 million worth of Bitcoin by next Tuesday (September 23).

Earlier on September 15 , Hyperscale Data announced a $100 million Bitcoin reserve strategy.