Hyperscale Data shares surge 11.24% intraday after announcing $72.25M in bitcoin reserves (83% of market cap) and growth in AI data center business.

Hyperscale Data surged 11.24% intraday trading, citing a $72.25 million Bitcoin reserve announcement (421.6747 Bitcoin and $34.25 million in cash for future purchases) and growth in its AI data center business, which boosts its market cap. The company, a leader in AI data center services, attributes its expansion to increasing demand for its infrastructure solutions.