Hyperscale Sells 100 BTC, Secures $25M Credit Facility for AI Expansion
Hyperscale Data has announced that it will sell approximately 100 Bitcoin to focus on artificial intelligence infrastructure, generating around $11.8 million in gross proceeds based on prevailing market prices.
The company has secured a new credit facility of up to $25 million to finance the development of AI-focused data center infrastructure and other strategic growth initiatives.
This move marks another step in Hyperscale's shift away from dependence on Bitcoin mining revenues toward becoming an owner and operator of AI computing infrastructure.