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Hyperscale Data sold its remaining 211.56 bitcoin for roughly $16 million in gross proceeds, fully liquidating the bitcoin reserve it had held on its balance sheet. The company said it will use the capital to pay down debt and fund development of its Michigan AI data center. The sale marks the end of Hyperscale's direct bitcoin treasury exposure and shifts its capital allocation toward AI infrastructure. At the roughly $75,600 per coin implied by the disclosure, the exit locks in proceeds at levels well below bitcoin's prior cycle highs. Investors will watch whether the debt reduction meaningfully improves the company's leverage profile and whether the Michigan buildout stays on schedule and on budget.

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Hyperscale Data, Bitcoin (BTC), Michigan

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