Hyperscale Data Sells 685 BTC, Redirects $43M Toward Michigan Data Center
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8 Articles
Hyperscale Data sells 685 BTC, redirects $43M toward Michigan data center
Hyperscale Data has sold about 685 Bitcoin for approximately $43 million, cutting its holdings to around 275 BTC as it directs more capital toward its Michigan data center. Hyperscale Data said Friday that most of the proceeds will be used…
Hyperscale Data Completes Acquisition of 48.5 Acres to Expand Michigan AI Data Center Campus - CryptoCurrencyNews
Acquisition Will Provide Natural Buffer and Increases the Company’s Total Michigan Campus to Approximately 83 Acres LAS VEGAS, June 26, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI“) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company“), today announced that it has completed the previously announced acquisition of 48.5 acres of forested land to expand its Michigan AI Data…
Hyperscale Data (GPUS) Stock Drops 16% Following $43M Bitcoin Liquidation
Key Takeaways Hyperscale Data stock tumbles 16.37% following disclosure of a $43 million Bitcoin liquidation Company offloads approximately 685 BTC while maintaining around 275 Bitcoin in reserves Proceeds from the sale designated for Michigan AI data center infrastructure development Executives confirm continued commitment to Bitcoin mining and potential future acquisitions Fresh capital injection supports data center project as GPUS hits …
Hyperscale Data, a bitcoin mining company, sold 685 BTC for $43 million to finance its data center in Michigan, reducing its treasury to 275 BTC and paying $30 million to its debt. This operation reflects the miners’ turn to artificial intelligence and high-performance computing infrastructure. *** Hyperscale Data sold approximately 685 bitcoins for $43 million and reduced its holdings to 275 BTC. Revenues will go mainly to the data center in Mi…
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