Hyperscale Da2026-08-14 10:02:46Hyperscale Data sells about 685 BTC for roughly $43 millionHyperscale Data (NYSE: GPUS), an AI data center company, has completed the sale of about 685 Bitcoin for roughly $43 million at recent market prices, according to PR Newswire. The company said the proceeds will be used mainly to continue developing and expanding its Michigan data center while also repaying about $30 million in debt to improve its capital structure. After the transaction, Hyperscale Data still holds about 275 BTC. Executive Chairman Todd Ault said the move was a capital allocation decision rather than a retreat from the company’s long-term Bitcoin accumulation strategy. He added that Hyperscale Data will continue its Bitcoin mining operations and plans to rebuild its Bitcoin position over time.1350
Hyperscale Da2026-08-03 11:44:56Hyperscale Data taps Morpho for roughly $30 million in bitcoin-backed DeFi borrowingHyperscale Data, an AI data center company listed on the New York Stock Exchange under the ticker GPUS, said it has carried out a bitcoin-backed DeFi financing strategy through the Morpho protocol, according to PR Newswire. As of Aug. 2, 2026, the company had completed about $30 million in bitcoin-collateralized borrowing on the protocol, with a current variable rate of about 4.9%. The company said the proceeds will support continued construction of its AI data center campus in Michigan, along with working capital and other general corporate purposes. Hyperscale Data said the move is intended to turn its bitcoin treasury from a passive reserve asset into a low-cost source of growth capital, while keeping long-term upside exposure to bitcoin and reducing reliance on dilutive equity financing.1970
