Hyperscale Data (GPUS) has liquidated its remaining Bitcoin holdings, selling approximately 211.56 BTC at an average price of $76,000 per coin as of November 8, generating roughly $16 million in proceeds. The company will use the funds to pay down debt and continue construction of its Michigan AI data center, with the first 10 megawatts of compute capacity scheduled to go live in December.
Since beginning its divestiture in late July, Hyperscale Data has sold a cumulative ~1,113 BTC for approximately $74.4 million. Going forward, the company's balance sheet Bitcoin will come primarily from ongoing mining operations in Montana rather than external purchases.
Hyperscale Data Sells Final 211 BTC for $16M to Fund Debt Repayment and AI Data Center Buildout
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