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Hyperscale Data buys XRP, stocks increase by 12%
Hyperscale Data (GPUS) has started to purchase XRP according to the Accumulation plan of 10 million USD, causing the stock to rise by 12%, from 0.73 USD to 0.82 USD. The company will update XRP transactions weekly from 12/8 to ensure transparency of the long term investment strategy.
Hyperscale calls XRP an efficient cross-border payment infrastructure and is considering expanding its accumulation scale, along with plans to lock tokens for 36 months.
Chairman Milton Ault: "XRP is the foundational asset for the future of global finance."