Hyperscale Data, Inc. has announced a $50 million share offering aimed at bolstering its Bitcoin holdings and expanding its data center operations in Michigan. The company plans to allocate the majority of the raised funds to purchase Bitcoin, while also enhancing its AI-driven data center capabilities. The remaining funds will be used for working capital and other corporate purposes. This strategic move comes as the company navigates the evolving landscape of Bitcoin and inflation data.
Hyperscale Data Launches $50M Share Offering for Bitcoin and Expansion
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