Hyperscale Data Lands $30M Bitcoin-Backed Loan to Fuel AI Expansion
Hyperscale Data, a U.S.-listed Bitcoin treasury company trading under the ticker DAT, has secured a $30 million Bitcoin-backed loan through Morpho, a decentralized finance (DeFi) lending protocol. The funds are earmarked for expanding its AI data center in Michigan.
The move highlights a growing trend among Bitcoin-accumulating companies to leverage their digital assets as collateral for operational funding rather than selling tokens outright. By using BTC as collateral, Hyperscale Data can access liquidity without permanently reducing its Bitcoin position, a strategy that has gained traction among public companies seeking to preserve long-term upside exposure.
The loan, facilitated via Morpho, highlights the increasing integration of traditional corporate finance with DeFi infrastructure. This approach allows for faster and more flexible borrowing terms compared to conventional bank loans, which often involve lengthy approval processes and stricter collateral requirements.