Hyperscale Data Sells 65 Bitcoin, Cements Michigan Data Center Plans
Hyperscale Data, Inc., a company operating in the data center space, has reported selling approximately 65 Bitcoin in the open market. This sale generated around $5.1 million in proceeds for the company.
The remaining 215 Bitcoin held by Hyperscale Data is valued at approximately $16.7 million as of August 30, 2026, based on a closing price of $77,668 per Bitcoin that day.
Milton 'Todd' Ault III, Executive Chairman of Hyperscale Data, stated that the sale of Bitcoin will provide additional capital to support the development of the company's Michigan data center. He highlighted a Master Services Agreement worth approximately $1.2 billion and noted expansion options that could increase this value to over $3 billion.
Hyperscale Data operates through its subsidiary Sentinum, Inc., which owns and operates a data center for digital asset mining and offers colocation and hosting services.