Hyperscale Data (NYSE: $GPUS) announced its cash, restricted cash, and Bitcoin holdings amounted to $102 million, representing 188.9% of the firm’s market capitalization — which currently stands at $54 million, reflecting a significant gap between Hyperscale Data’s balance sheet and market cap.

The AI data center firm reported $57.9 million in cash and restricted cash for the week ended April 5. Meanwhile, its Bitcoin (CRYPTO: $BTC) holdings (both mined and purchased) were valued at $44.1 million, based on Bitcoin’s price of $68,982 on April 5. The company’s wholly owned subsidiaries, Sentinum and Ault Capital Group, held 639.2135 Bitcoin as of April 5, 2026. No recent Bitcoin purchases were made during the most recent week.

Executive Chairman Milton Todd believes there is an obvious disconnect between its market valuation and the underlying assets of the firm, "I am deeply frustrated by the market's continued failure to recognize what we believe is the obvious value on our balance sheet,” while adding: “As the Company's cash, restricted cash and Bitcoin holdings have exceeded its current market capitalization for an extended period of time, we believe this reflects a profound disconnect between market perception and underlying value.”

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Hyperscale Data is aiming to purchase more digital assets in the future to bridge the value gap between its balance sheet holdings and market valuation, as part of their long-term strategy to expand Bitcoin holdings over time.   Sentinum will continue to operate as a digital mining and AI colocation service, while Ault Capital Group functions as a diversified holding company.

Shares of Hyperscale Data are trading at 14 cents, down 1.68 percent.