PANews reported on October 7 that according to PRNewswire, Hyperscale Data, a NYSE American-listed company under the New York Stock Exchange, announced that it would expand its Bitcoin treasury allocation funds to US$41 million, including current holdings and funds allocated for commitments to purchase Bitcoin. Currently, its wholly-owned subsidiary Sentinum holds a total of 90.6144 Bitcoins (including 64.9118 Bitcoins acquired on the open market and approximately 25.7026 Bitcoins obtained from its Bitcoin mining business). It also allocated US$29.8 million in cash to purchase Bitcoin on the open market.PANews reported on October 7 that according to PRNewswire, Hyperscale Data, a NYSE American-listed company under the New York Stock Exchange, announced that it would expand its Bitcoin treasury allocation funds to US$41 million, including current holdings and funds allocated for commitments to purchase Bitcoin. Currently, its wholly-owned subsidiary Sentinum holds a total of 90.6144 Bitcoins (including 64.9118 Bitcoins acquired on the open market and approximately 25.7026 Bitcoins obtained from its Bitcoin mining business). It also allocated US$29.8 million in cash to purchase Bitcoin on the open market.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more