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Hyperscale Data Sells Remaining Bitcoin for $16M to Fund AI Data Center and Debt

Hyperscale Data, Inc. has completed the sale of its remaining 211.56 Bitcoin reserves for approximately $16.0 million at an average price of roughly $76,000 per token. The company plans to use the gross proceeds to cut debt and fund its Michigan artificial intelligence data center, where it aims to energize an initial 10 megawatts of capacity in December. Since late July 2026, Hyperscale Data has sold approximately 1,113 Bitcoin for roughly $74.4 million as it shifts operations toward AI computing while maintaining mining in Montana.

Category

Bitcoin

Sentiment

Neutral

Event

Corporate action

Reading time

1 min