Hyperscale Data has reported holdings worth $56.4 million across Bitcoin, cash and restricted cash, according to The Block. The company said the total includes nearly 220 BTC valued at about $19 million. Hyperscale Data, now focused on AI data centers, was previously a Bitcoin mining company. It said it is strengthening its balance sheet to support operations and the development of its AI data center project in Michigan. The disclosure outlines the company’s current asset position and its stated use of those resources as it continues to build out its business.
Hyperscale Data reported holdings of $56.4 million in Bitcoin, cash and restricted cash, according to The Block. The total includes nearly 220 BTC valued at about $19 million.
The AI data center company was previously a Bitcoin miner. It said it is strengthening its balance sheet to support its business and the development of its AI data center in Michigan.
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