Hyperscale Data sells 211 Bitcoin for $16M to fund AI data center
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Hyperscale Data sold 211 Bitcoin for roughly $16 million to fund an AI data center, converting part of its crypto treasury into infrastructure spending. The move reflects the company's pivot toward AI compute, prioritizing steadier revenue streams over Bitcoin's price volatility. The sale comes as publicly traded firms increasingly weigh digital-asset holdings against capital needs for data center buildouts. Watch for further treasury drawdowns or disclosures on the new facility's capacity and timeline.
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