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Hyperscale Data doubles down on Bitcoin as treasury hits 589 BTC

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CME Bitcoin futures open with second-largest gap on record

Hyperscale Data lifts its Bitcoin treasury to 589 BTC and targets $100m, using a strict dollar‑cost‑averaging plan as crypto remains a macro risk barometer.

Hyperscale Data tightens its grip on Bitcoin as treasury tops 589 BTC, sharpening a balance‑sheet bet on digital assets at a time when crypto remains the market’s rawest barometer of risk appetite.

Treasury milestone and $100m target

Hyperscale Data, Inc. said in a press release published today its Bitcoin treasury reached 589.4502 BTC as of February 8, 2026, with an implied value of roughly $41.4m at a closing Bitcoin price of $70,264. The company reiterated that its goal is to accumulate $100m worth of Bitcoin on its balance sheet over time.

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Executive chairman Milton “Todd” Ault III framed the move as deliberate and incremental, stressing discipline over bravado. “We continue to demonstrate our dedication to our dollar‑cost average strategy,” he said, arguing that this approach “has allowed us to continually lower our average cost per Bitcoin and further strengthen the balance sheet and long‑term future of the Company.”

How Hyperscale is accumulating BTC

Through its subsidiaries Sentinum, Inc. and Ault Capital Group, Inc. (ACG), Hyperscale now holds 589.4502 BTC, with Sentinum controlling about 548.5903 BTC and ACG approximately 40.8994 BTC. Sentinum’s stack includes 108.3562 BTC mined in‑house and 440.2341 BTC bought in the open market, while ACG added 8.9000 BTC during the week ended February 8.

The firm plans to “fully deploy the cash allocated to its digital asset treasury (‘DAT’) strategy into Bitcoin purchases over time,” typically targeting at least 5% of allocated cash each week via daily buys, though actual deployment will flex with “market conditions and strategic considerations.” Management told investors to judge accumulation using multi‑week averages, consistent with first‑principles DCA practice common among institutional allocators.

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Macro backdrop: crypto as risk gauge

This parabolic move comes as digital assets continue to trade as the purest expression of macro risk appetite. Bitcoin (BTC) is hovering around $69,095, with a recent 24‑hour range between roughly $69,319 and $70,123 and turnover anchored in deep, multi‑billion‑dollar spot and derivatives flows. Ethereum (ETH) changes hands near $2,060, down just over 2% on the session, after trading between about $2,000 and $2,150 over the last day. Solana (SOL) trades close to $83.9, slipping around 0.4% in the past 24 hours as volumes consolidate after a sharp multi‑week advance.

For readers tracking the broader context of Bitcoin’s pullback and volatility, recent analyses from outlets such as Phemex on BTC’s drawdown from its October 2025 highs, Journal du Coin’s coverage of the latest 50% correction, and XTB’s breakdown of the latest slide toward the high‑$60,000 region provide additional color on the forces shaping Hyperscale’s high‑conviction treasury strategy.

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Crypto World

Bitcoin Breaks 5-Month Losing Streak With $68K March Close: What’s Next?

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Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Key takeaways:

  • Bitcoin ended March 2% higher, marking the first green monthly close in six months.

  • A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

  • Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains

Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

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The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.

Related: Crypto Fear & Greed Index stuck on ‘extreme fear,’ but is there a silver lining?

The last time this happened was in 2018/2019 when BTC closed February 2019 in green, after six consecutive red months, as shown in the figure below.

This led to a reversal with over 300% returns the following five months, as Bitcoin recovered from the 2018 bear market.

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“Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!” trader Satoshi Flipper said in a Wednesday post on X.

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis
Bitcoin monthly percentage returns. Source: CoinGlass

If history repeats itself, the reversal may continue in April, suggesting that BTC price may have bottomed at $60,000.

Bitcoin’s bullish monthly close is a ”catalyst for fresh inflows into early April,” Trader Caleb said, adding:

“April starts with momentum.”

Bitcoin has a well-established tendency for significant price swings in April.

Since 2013, April has been a green month for eight of the past 13 years, with average returns of about 12.2%

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However, Bitcoin also tends to move in the opposite direction to March in April, and this is true for nine out of the past 13 years. 

In recent years, Bitcoin dropped in April after closing March in green, three out of four times between 2021 and 2024. 

Therefore, while the end of past multi-month drawdowns suggests a rebound is due, data demonstrates that BTC price could also slide in April.

Watch these Bitcoin price levels next

Data from TradingView shows BTC price up 2.5% on the day to trade at $68,470 as the $69,000-$70,000 resistance remains in place.

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Analysts expect Bitcoin’s range-bound price action to continue for longer, with important price levels to look for in case of a breakout. 

These include the $70,000-$72,000 supply zone, coinciding with the 50-day simple moving average (SMA), the 50-day exponential moving average (EMA) and the 1w–1m cohort cost basis

This is also where investors acquired approximately 650,000 BTC, marking a potential point of sell pressure, according to the cost-basis distribution data from Glassnode.

Breaking above this level could see BTC/USD revisit the $76,000 range high and eventually the $80,000 psychological level.

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BTC/USD daily chart. Source: Cointelegraph/TradingView

Zooming out, trader Sheldon Diedericks said Bitcoin could “push into resistance” at $83,000 on the monthly time frame, a key support level from April 2025. The 200-day EMA is also close to this area.

BTC/USD monthly chart. Source: X/Sheldon Diedericks

On the downside, the 200-week EMA at $68,300 and the 200-week SMA at $59,400 remain key levels to watch. Below that, the next major level is Bitcoin’s realized price around $54,000.

As Cointelegraph reported, Bitcoin’s bear market bottom could be formed once BTC price drops toward or below its realized price.