Hyperscale Data Inc. (NYSE American: GPUS) announced this week that its proposed acquisition of up to $10 million in XRP will be retained exclusively on its balance sheet, unaffected by the potential divestiture of its subsidiary Ault Capital Group Inc. (ACG). The company reaffirmed that even if the spin-off occurs around Dec. 31, 2025—as tentatively planned—ownership of the XRP assets will not shift to ACG.
Executive chairman Milton “Todd” Ault III emphasized the company’s strategic direction:
Hyperscale Data is continuing on its path to becoming a pureplay data center business and we believe this XRP acquisition strategy will be a key part of the company’s overall treasury strategy.
While Hyperscale Data repositions itself as a core infrastructure provider in the AI and high-performance computing sectors, it also clarified ACG’s separate intentions: “ACG intends to initiate its own XRP accumulation strategy and the company will provide stockholders with an update on ACG’s XRP acquisition strategy and previously announced XRP lending platform in the coming months.” Investors holding Series F Preferred Stock must agree to exchange their shares to receive equity in ACG, a move necessary for participation in the post-divestiture entity. Beginning Aug. 12, 2025, Hyperscale Data will release weekly reports summarizing XRP-related activities and cumulative holdings.
Further reinforcing its long-term posture, the company stated:
To further align with long-term strategic initiatives, the company is evaluating a 36-month lockup period for its XRP holdings, subject to internal milestones and overall market conditions.
“Additionally, the Board of Directors is actively considering expanding the previously announced $10 million XRP program in response to favorable market conditions, subject to available financing,” the firm added. “The company believes that XRP offers significant potential as a scalable and efficient digital asset for cross-border value transfer and emerging financial infrastructure.” Supporters of crypto point to XRP’s speed and transaction efficiency as key reasons why it continues to attract institutional interest.
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