Hyperscale Data Sells Off Bitcoin Reserves, Accumulating Approximately $74.4 Million for Debt Repayment and AI Data Center Construction

Hyperscale Data (GPUS) announced that as of November 8, the company has sold all of its remaining Bitcoin reserves at a price of approximately $76,000 per coin, totaling about 211.56 coins, with total proceeds of approximately $16 million. Since the initial sale of part of its reserves in late July, the company has cumulatively sold about 1,113 Bitcoins, generating approximately $74.4 million, which will be used for debt repayment and the continued construction of its AI data center in Michigan. Hyperscale Data continues to operate a Bitcoin mining facility in Montana, and it is expected that future Bitcoin on the balance sheet will primarily come from self-mining.

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