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Hyperscale Data Sells 100 BTC, Funds AI Data Center

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Insights by Echo AI

Hyperscale Data, a Bitcoin treasury company, sold approximately 100 BTC to fund its AI data center in Michigan. The company opened a Bitcoin-backed credit facility using the remaining Bitcoin holdings as collateral. If all AI data center service contracts are extended, the company expects cumulative revenue to exceed $1.2 billion.

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6 Sources

  1. Wu Blockchain avatar

    Wu Blockchain

    X / Twitter / @WuBlockchain

    Hyperscale Data Sells About 100 BTC, Opens Credit Facility to Fund AI...

  2. Cointelegraph avatar

    Cointelegraph

    X / Twitter / @Cointelegraph

    🔥 JUST IN: Hyperscale Data sold 100 $BTC to help fund its Michigan AI...

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