GPUS Shares Surge on Bitcoin Liquidation Plan for Data Center Expansion

Hyperscale Data's (GPUS) shares have increased by 5.50% to $0.1208 following the company's announcement of a plan to liquidate its Bitcoin holdings and invest in AI data center expansion.

The move will generate approximately $6.48 million from the sale of around 100 Bitcoin units, valued at around $64,823 each based on the current market price.

The funds will be used for equipment procurement, site preparation, and infrastructure components with extended lead times, supporting an established partnership with a neo-cloud infrastructure operator.

The company has also secured a cryptocurrency-collateralized credit facility to support ongoing construction requirements, featuring projected variable interest between 4.5% and 5.0%.