The post XRP News: Hyperscale Data Launches Weekly Report on its $10 Million XRP Acquisition Plan appeared first on Coinpedia Fintech News
On Monday, the data center operator, Hyperscale Data Inc., announced that it will be publishing weekly updates on its XRP acquisition activity. The company is finally putting efforts into its plan to acquire $10 million worth of XRP by the end of 2025, showing its strong confidence in the crypto.
Hyperscale Data Aspires to Purchase $10 Million of XRP
One of the United States’ largest privately owned data center operators, Hyperscale Data, will start publishing its weekly reports on XRP from August 12, 2025. The goal is to buy a tremendous amount of XRP and publish it openly just to ensure transparency, amid growing fraud in the crypto space.
Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “We believe in the long-term future of artificial intelligence and energy—the demand for energy in the data center space, digital assets, and the demands for what the future holds for finance.”
“We view $XRP as a foundational asset in the evolving global financial ecosystem. Our goal is to build a balance sheet that reflects the future of not just computing infrastructure, but of global finance as a whole,” he added.
Additionally, the company is considering implementing a 36-month lockup period on these XRP holdings, as part of its long-term strategic commitment. If the crypto market remains favorable, Hyperscale may also expand its purchase of $10 million XRP.
XRP Emerges As Backbone of Future Finance
This goal of Hyperscale not only shows the company’s capability, but also the growing interest and confidence in XRP. Both retail and institutional investors are committing to XRP, showing a massive increase in trading volume of 142.93% in just the past month.
Last week, the XRP investment products attracted $190 million in capital inflows. Its utility in cross-border payments remains a key factor behind its strategic appeal.
All these triumphs of XRP arrive despite not having it as legal tender. So, if the US government creates a national strategic reserve for XRP, it is expected to cross all limits. It is also highly speculated that the upcoming Whit e House crypto report on July 30 may officially list XRP alongside Bitcoin and Ethereum in the national digital asset stockpile.
