Firm sells Bitcoin holdings and opens a Bitcoin-backed credit facility to fund AI infrastructure expansion in Michigan.
Hyperscale Data sold approximately 100 BTC and established a Bitcoin-backed credit facility to finance its AI data center in Michigan. The move leverages part of its Bitcoin reserves for infrastructure while using remaining holdings as collateral for borrowing.
The company expects cumulative revenue to surpass $1.2 billion if all AI data center service contracts are extended. This strategy reflects a shift toward capitalizing on AI demand while maintaining exposure to Bitcoin.
No immediate market reaction was disclosed in the report.