Hyperscale Data liquidates Bitcoin to repay debt and invests in building AI data centers.
Original headlineHyperscale Data 清仓比特币偿债并投建AI数据中心
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Hyperscale Data (NYSE American: GPUS) sold its remaining bitcoin reserves—about 211.56 BTC at roughly $76,000 per coin—for gross proceeds of approximately $16 million, the company said November 10. Since first trimming its holdings in late July 2026, the firm has sold a cumulative ~1,113 BTC for about $74.4 million. Proceeds are earmarked for debt repayment and construction of its Michigan AI data center, with CEO Will Horne targeting energization of the first 10 MW of critical IT capacity in December. Hyperscale will keep mining at its Montana site, with future bitcoin holdings expected to come mainly from its own mining operations. The move signals a pivot from treasury-style bitcoin exposure toward AI infrastructure, and investors will watch whether the December power-up stays on schedule and how mining output affects the balance sheet going forward.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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Hyperscale Data, Bitcoin (BTC), Will Horne, Michigan, Montana
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