Hyperscale Data Raises $30M with Bitcoin-Collateralized DeFi Loan

Hyperscale Data, a data center operator, has successfully secured $30 million through a Bitcoin-collateralized DeFi loan on the Morpho Protocol platform. This funding will be used to support Michigan facility expansion and general working capital requirements.

The company utilized its existing Bitcoin treasury to secure the financing facility, which features a floating interest rate of approximately 4.9% annually. Hyperscale Data maintains ownership of the collateralized Bitcoin under the loan agreement, allowing it to unlock capital from its reserves without liquidating holdings for operational funding.

The Michigan data center facility represents a key component of Hyperscale's infrastructure expansion strategy, aiming to scale computing resources as enterprise demand for large-scale data centers accelerates. The company intends to allocate a portion of the borrowed funds toward construction activities, hardware procurement, and property improvements.