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Hyperscale Data launches $100 million bitcoin treasury strategy
Hyperscale Data Inc. (NYSE American: GPUS) announced a $100 million bitcoin treasury strategy as part of its transformation into an artificial intelligence data center and digital asset company. The initiative will be funded through proceeds from the sale of the company's Montana data center assets and capital raised through its at-the-market equity program. Hyperscale Data plans to hold bitcoin as a primary treasury reserve asset while continuing to invest in its Michigan facility as its long-term infrastructure hub. The company operates through its wholly owned subsidiary Sentinum Inc., which has mined bitcoin for ... (full story)
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