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Hyperscale Data Secures $30M in Bitcoin-Backed Financing for Michigan Data Center Growth

Guavy AI Editorial Team
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Hyperscale Data, Inc., the parent company of GPUS, has secured $30 million in Bitcoin-backed borrowing through the Morpho Protocol.

The funding will support the expansion of its Michigan data center campus and provide additional working capital for the company.

The variable interest rate on the loan is approximately 4.9%, which allows Hyperscale Data to retain ownership of its pledged Bitcoin assets.

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