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

Hyperscale Data (GPUS) sold its remaining 211.56 bitcoin at an average price of about $76,000, raising roughly $16 million as of Nov. 8, the company said. Since it began trimming holdings in late July, the Nasdaq-listed firm has sold about 1,113 BTC for about $74.4 million, with proceeds going to debt repayment and construction of a Michigan AI data center whose first 10 MW is due to be powered in December. It continues mining in Montana.

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AI take

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.

Generated by AI for reference only.

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