Hyperscale Data’s XRP Acquisition Drives Share Price Surge

Shares of Hyperscale Data (GPUS) rose by as much as 12% on Monday after the company confirmed it has begun acquiring XRP. This move follows its earlier announcement to allocate up to $10 million into the token as part of its broader digital asset strategy.

In a statement released on July 28, the company emphasized its view of XRP as a scalable foundation for cross-border value transfer and emerging financial infrastructure. Executive Chairman Milton “Todd” Ault III dubbed XRP a “foundational asset in the evolving global financial ecosystem.”

Hyperscale plans to start publishing weekly digital asset updates beginning August 12, summarizing its XRP holdings and cumulative activity. The company is also contemplating a 36-month lockup for its XRP reserves and may consider raising the $10 million cap depending on market conditions and financing availability.

The stock closed up 7.5% at $0.7835, reaching a session high of $0.82.