Hyperscale Data (NYSE: GPUS) has announced a $100 million Bitcoin reserve strategy, positioning Bitcoin as its primary corporate reserve asset. The initiative will be partially funded through the sale of its Montana data center assets and equity financing.
In addition to this strategic shift, the company plans to expand its Michigan AI data center, targeting a power capacity increase to 70 megawatts within 20 months, with a potential future expansion to 340 megawatts. To enhance transparency, Hyperscale Data will provide weekly disclosures of its cryptocurrency holdings.
Hyperscale Data Unveils $100 Million Bitcoin Reserve Strategy
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