Hyperscale Data Holds About 275 Bitcoin After Sale
GPUS•Use of proceeds
Hyperscale Data said the proceeds will be used for Michigan data center development.
Debt reduction and liquidity
The company said the sale reduces debt by approximately $30 million and strengthens liquidity to support its Michigan data center buildout.
Bitcoin sale and remaining holdings
Hyperscale Data Inc. said it has sold approximately 685 bitcoin for approximately $43 million and now holds about 275 bitcoin after the sale.
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