Hyperscale Data Sells Remaining 211.56 BTC for $16M to Fund AI Data Center

Hyperscale's full exit from its bitcoin treasury marks a notable pivot from holding a liquid reserve to funding hard infrastructure, a trade-off worth noting as miners weigh balance-sheet flexibility against capital-intensive AI buildouts. The debt repayment alongside the Michigan build signals a preference for reducing leverage while chasing compute demand, though it leaves the company without a bitcoin cushion should mining economics tighten. Whether the December power-up stays on schedule, and whether Montana mining remains the sole crypto exposure, is the open question.