TLDR:
- Hyperscale Data begins weekly XRP acquisition updates on August 12.
- $10M XRP purchase plan aligns with long-term digital asset strategy.
- The board may expand the program based on favorable market conditions.
- 36-month XRP lockup period under evaluation for future alignment.
Hyperscale Data is tightening its focus on digital assets. The company will begin publishing weekly reports on its XRP purchases starting August 12. It confirmed it has already started buying as part of its $10 million acquisition plan. This move aims to bring more transparency to its crypto activity while showing a long-term approach to building its holdings.
The updates are expected to give investors a clearer view of how the strategy unfolds.
Hyperscale Data Weekly XRP Reports Aim for Transparency
According to the company, each report will outline all XRP transactions from the previous week and show total balances.
Hyperscale Data sees this as a way to keep its investors informed and confident about the progress of its plan. The updates also aim to show how XRP fits into its broader focus on digital infrastructure and finance.
The company believes XRP can serve as a fast and scalable tool for value transfers. It has already started buying and is looking at a 36-month lockup for its holdings. This lockup is under review and will depend on internal milestones and market conditions.
Plans May Expand Beyond $10 Million
Hyperscale Data’s board is also considering an expansion of the program if market conditions remain favorable.
Any increase would be subject to available financing and the company’s longer-term goals. This potential adjustment shows the firm is prepared to move aggressively if XRP aligns with its financial vision.
Through its subsidiaries, Hyperscale Data operates in data center mining, AI hosting, and diversified investments. Its move into XRP is part of a larger plan to build a balance sheet that connects technology and finance.
For investors, the weekly updates will mark a rare, detailed look at how a public company is approaching crypto accumulation.